Federal Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Federal Income Taxes [Abstract]

Schedule Of Deferred Tax Assets And Liabilities

(Dollars in thousands)
Deferred Tax Assets	2017		2016
Allowance for loan losses	$	2,476	$	3,766
Deferred compensation		676		986
Purchase accounting		16		23
Deferred loan fees and costs, net		99		160
Capital loss carryover		173		280
Other than temporary impairment of investments		124		260
Accumulated other comprehensive loss		1,603		2,171
Depreciation		—		45
Other		2,191		561
		7,358		8,252
Valuation allowance		(297)		(467)
Total gross deferred tax assets		7,061		7,785
Deferred Tax Liabilities
Depreciation		162		—
Joint ventures and partnerships		28		36
Pension		1,068		1,886
Mortgage servicing rights		—		19
Total gross deferred tax liabilities		1,258		1,941
Net deferred tax asset	$	5,803	$	5,844

Schedule Of Components Of Income Tax Expense (Benefit)

	For the Years Ended December 31
(Dollars in thousands)	2017		2016		2015
Current tax expense	$	4,396	$	2,134	$	2,382
Deferred tax expense (benefit)		(831)		(832)		(111)
Income tax provision	$	3,565	$	1,302	$	2,271

Schedule Of Effective Income Tax Rate Reconciliation

	For the Years Ended December 31
(Dollars in thousands)	2017		2016		2015
Tax provision at statutory rate (34%)	$	3,252	$	3,192	$	4,241
Income on tax-exempt loans and securities		(2,056)		(1,751)		(1,566)
Nondeductible interest expense relating to carrying  tax-exempt obligations		32		24		22
Revaluation of deferred tax assets		2,291		—		—
Dividends received exclusion		—		—		(2)
Income from bank owned life insurance		(171)		(210)		(182)
Life insurance proceeds		—		—		(35)
Change in valuation allowance		—		—		(200)
Stock option compensation		55		30		25
Other, net		162		17		(32)
Income tax provision	$	3,565	$	1,302	$	2,271
Effective income tax rate		62.1%		13.9%		18.2%