XML 23 R43.htm IDEA: XBRL DOCUMENT v3.19.3
Income Taxes Income Taxes (Tables)
9 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
A reconciliation between the statutory income tax rate and our effective income tax rate for the three and nine months ended September 30, 2019 and 2018 is as follows:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Dollars in thousands
Percent
 
Percent
 
Percent
 
Percent
Applicable statutory rate
21.0
 %
 
21.0
 %
 
21.0
 %
 
21.0
 %
Increase (decrease) in rate resulting from:
 
 
 
 
 
 
 
Tax-exempt interest and dividends, net
(1.6
)%
 
(3.1
)%
 
(2.0
)%
 
(3.0
)%
State income taxes, net of Federal income tax benefit
1.9
 %
 
2.1
 %
 
1.8
 %
 
2.2
 %
Low-income housing and rehabilitation tax credits
(0.4
)%
 
(0.9
)%
 
(0.6
)%
 
(1.1
)%
Other, net
(2.4
)%
 
0.4
 %
 
(2.0
)%
 
1.0
 %
Effective income tax rate
18.5
 %
 
19.5
 %
 
18.2
 %
 
20.1
 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The components of applicable income tax expense for the three and nine months ended September 30, 2019 and 2018 are as follows:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
Dollars in thousands
2019
2018
 
2019
2018
Current
 
 
 
 
 
Federal
$
1,666

$
1,410

 
$
4,913

$
4,628

State
246

228

 
716

737

 
1,912

1,638

 
5,629

5,365

Deferred
 

 
 
 

 

Federal
(88
)
25

 
(294
)
(142
)
State
(12
)
4

 
(42
)
(22
)
 
(100
)
29

 
(336
)
(164
)
Total
$
1,812

$
1,667

 
$
5,293

$
5,201