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Note 9 - Income Taxes - Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Allowance for loan loss $ 6,633,000 $ 5,567,000
Deferred compensation 5,758,000 4,703,000
Operating lease liability 3,427,000 0
State net operating loss 2,550,000 2,201,000
Accrued expenses 1,486,000 968,000
Securities 0 756,000
Investments in tax credit partnerships 655,000 543,000
Loans 501,000 434,000
Other assets 228,000 181,000
Write-downs and costs associated with other real estate owned 22,000 7,000
Total deferred tax assets 21,260,000 15,360,000
Property and equipment 1,054,000 1,154,000
Right-of-use operating lease asset 3,154,000 0
Securities 748,000 0
Loan costs 767,000 632,000
Mortgage servicing rights 299,000 193,000
Leases 266,000 336,000
Core deposit intangible 202,000 230,000
Other liabilities 183,000 267,000
Total deferred tax liabilities 6,673,000 2,812,000
Valuation allowance (121,000) (2,355,000)
Net deferred tax asset $ 14,466,000 $ 10,193,000