XML 127 R114.htm IDEA: XBRL DOCUMENT v3.20.4
Note 15 - Income Taxes - Reconciliation of Statutory Federal Tax Rate and Effective Tax Rate From Continuing Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Federal income tax at the statutory rate, amount                 $ 9,683 $ 10,457 $ 9,475
Federal income tax at the statutory rate                 21.00% 21.00% 21.00%
State income tax, net of federal benefit, amount                 $ 1,109 $ 1,220 $ 1,016
State income tax, net of federal benefit                 3.12% 3.12% 2.25%
Total effective income tax rate reconciliation, amount                 $ 10,792 $ 11,677 $ 10,491
Total effective income tax rate reconciliation                 24.12% 24.12% 23.25%
Tax-exempt interest income, amount                 $ (500) $ (637) $ (702)
Tax-exempt interest income                 (1.51%) (1.28%) (1.56%)
Nondeductible goodwill impairment and disposition, amount                 $ 0 $ 0 $ 569
Nondeductible goodwill impairment and disposition                 0.00% 0.00% 1.26%
Bank owned life insurance, amount                 $ (139) $ (249) $ (144)
Bank owned life insurance                 (0.42%) (0.50%) (0.32%)
Deferred tax revaluation, amount                 $ 0 $ (98) $ (1,669)
Deferred tax revaluation                 0.00% (0.20%) (3.70%)
Other items, net, amount                 $ 33 $ 301 $ 237
Other items, net                 (0.10%) 0.10% 0.53%
Total income tax expense $ 3,389 $ 2,332 $ 2,270 $ 2,195 $ 2,833 $ 2,580 $ 2,951 $ 2,630 $ 10,186 $ 10,994 $ 8,782
Income tax at the effective tax rate                 22.09% 22.24% 19.46%