XML 133 R109.htm IDEA: XBRL DOCUMENT v3.24.1
Income Taxes - Net Deferred Tax Asset (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Deferred tax assets:    
Allowance for loan losses $ 7,642 $ 3,981
Loan fees 1,053 898
Deferred compensation 1,476 1,115
Benefit plans 60 56
Unrealized loss on securities 4,992 5,137
Lease adjustments 74 193
Business combination adjustments 5,669 2,066
Acquired NOL, Section 1231, and charitable contribution carryforwards 3,832 686
Rabbi Trust 593 985
Riverview AMT credits 696 771
Equity Comp 256 0
Riverview subordinated debt fair value adjustment 327 353
Software renewal costs 335 420
Unfunded and loan basis adjustments 635 0
Investments in Flow-through entities 391 0
Other 378 874
Deferred tax assets, gross, total 28,409 17,535
Deferred tax liabilities:    
Depreciation (1,397) (1,175)
Bond accretion (187) (97)
Goodwill and intangibles (1,017) (362)
Prepaid expenses (227) (797)
Business combination adjustments 0 (398)
Benefit plans (1,199) (1,049)
Interest Rate Swaps (236) 0
Deferred tax liabilities, gross, total (4,263) (3,878)
Deferred tax asset, net $ 24,146 $ 13,657