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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities Components of Net Deferred Tax Asset:
 December 31,
(dollars in thousands)20202019
Deferred tax assets:
Loan and lease loss reserve$11,838 $5,128 
Other reserves3,089 3,619 
Net operating loss carry-forward6,485 8,107 
Alternative minimum tax credits559 833 
Operating lease liabilities8,747 10,030 
Defined benefit plans1,527 1,505 
RBPI Merger Fair Values102 647 
Total deferred tax asset$32,347 $29,869 
Deferred tax liabilities:
Intangibles and other amortizing fair value adjustments$5,167 $5,154 
Originated MSRs570 969 
Unrealized appreciation of available for sale securities2,912 1,040 
Operating lease right-of-use assets7,536 8,948 
Deferred loan costs717 909 
Other reserves1,144 1,166 
Total deferred tax liability$18,046 $18,186 
Total net deferred tax asset$14,301 $11,683 
Schedule of Components of Income Tax Expense (Benefit) The provision for income taxes consists of the following: 
 December 31,
(dollars in thousands)202020192018
Current$12,534 $14,068 $4,326 
Deferred(3,678)1,539 9,839 
Total$8,856 $15,607 $14,165 
Schedule of Effective Income Tax Rate Reconciliation Applicable income taxes differed from the amount derived by applying the statutory federal tax rate to income as follows: 
(dollars in thousands)2020Tax
Rate
2019Tax
Rate
2018Tax
Rate
Computed tax expense at statutory federal rate$8,684 21.0 %$15,711 21.0 %$16,371 21.0 %
Tax-exempt income(384)(0.9)%(562)(0.8)%(470)(0.6)%
State tax (net of federal tax benefit)808 1.9 %1,045 1.4 %874 1.1 %
Excess tax benefit – stock based compensation114 0.3 %(144)(0.2)%(848)(1.1)%
Adjustment to net deferred tax assets for enacted changes in tax laws, rates and return to provision adjustments— — %— — %(1,895)(2.4)%
Other, net(366)(0.9)%(443)(0.5)%133 0.2 %
Total income tax expense$8,856 21.4 %$15,607 20.9 %$14,165 18.2 %
Components of Provisional Tax Expense Related to Tax Law Changes The income tax expense recognized as a result of Tax Reform is as follows:
Year Ended
December 31,
(dollars in thousands)202020192018
Deferred taxes related to items recognized in continuing operations$— $— $(1,895)
Deferred taxes on net actuarial loss on defined benefit post-retirement benefit plans— — — 
Deferred taxes on net unrealized losses on available for sale investment securities— — — 
Total income tax (benefit) / expense related to Tax Reform$— $— $(1,895)