Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Components of entity's net deferred tax assets (liabilities)

The components of the Company's net deferred tax assets (liabilities) were as follows (dollars in thousands):

	December 31,
	2017		2016
Deferred tax assets:
Allowance for loan losses	$	3,047	$	4,480
Nonaccrual loan interest	444		610
Other real estate owned valuation allowance	150		199
Deferred compensation	835		1,335
Net unrealized losses on securities	226		81
Acquisition accounting adjustments	1,283		3,215
Accrued pension liability	170		100
Other	488		796
Total deferred tax assets	6,643		10,816
Deferred tax liabilities:
Depreciation	761		1,030
Accretion of discounts on securities	24		113
Core deposit intangibles	267		602
Trust preferred fair value adjustment	349		581
Other	201		243
Total deferred tax liabilities	1,602		2,569
Net deferred tax assets	$	5,041	$	8,247

Provision for income taxes

The provision for income taxes consists of the following (dollars in thousands):

	Years Ended December 31,
	2017		2016		2015
Current tax expense	$	7,355	$	6,125	$	4,279
Deferred tax expense	724		882		1,741
Deferred tax asset adjustment for tax rate change	2,747		—		—
Total income tax expense	$	10,826	$	7,007	$	6,020

Reconciliation of the expected Federal income tax expense to reported income tax expense

A reconcilement of the "expected" Federal income tax expense to reported income tax expense is as follows (dollars in thousands):

	Years Ended December 31,
	2017			2016			2015
Expected federal tax expense	$	9,126		$	8,158		$	7,371
Tax impact from enacted change in tax rate	2,747			—			—
Nondeductible interest expense	85			94			78
Tax-exempt interest	(949		)	(1,265		)	(1,338		)
State income taxes	296			296			222
Other, net	(479		)	(276		)	(313		)
Total income tax expense	$	10,826		$	7,007		$	6,020