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Note 9 - Income Taxes - Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Allowance for credit losses $ 12,854,000 $ 6,633,000
Deferred compensation 5,903,000 5,758,000
Operating lease liability 3,214,000 3,427,000
State net operating loss 2,838,000 2,550,000
Deferred PPP loan fees 2,592,000 0
Accrued expenses 3,074,000 1,486,000
Investments in tax credit partnerships 935,000 655,000
Loans 562,000 501,000
Other assets 91,000 228,000
Write-downs and costs associated with other real estate owned 26,000 22,000
Total deferred tax assets 32,089,000 21,260,000
Property and equipment 1,116,000 1,054,000
Right-of-use operating lease asset 2,996,000 3,154,000
Securities 3,258,000 748,000
Loan costs 951,000 767,000
Mortgage servicing rights 637,000 299,000
Leases 224,000 266,000
Core deposit intangible 151,000 202,000
Other liabilities 343,000 183,000
Total deferred tax liabilities 9,676,000 6,673,000
Valuation allowance (93,000) (121,000)
Net deferred tax asset $ 22,320,000 $ 14,466,000