Income Taxes (Tables)

9 Months Ended

Sep. 30, 2020

Income Taxes

Schedule of effective income tax rate reconciliation

	Three months ended September 30,
	2020				2019
			Percent of				Percent of
(dollars in thousands)	Amount		Pretax Income		Amount		Pretax Income
Taxes at statutory federal income tax rate	$	4,894	21.0	%	$	1,982	21.0	%
Tax effect of:
Tax exempt income		(134)	(0.6)	%		(107)	(1.1)	%
Other		888	3.8	%		457	4.8	%
Applicable income taxes	$	5,648	24.2	%	$	2,332	24.7	%

	Nine months ended September 30,
	2020				2019
			Percent of				Percent of
(dollars in thousands)	Amount		Pretax Income		Amount		Pretax Income
Taxes at statutory federal income tax rate	$	9,491	21.0	%	$	6,114	21.0	%
Tax effect of:
Tax exempt income		(382)	(0.8)	%		(329)	(1.1)	%
Other		1,589	3.5	%		1,440	4.9	%
Applicable income taxes	$	10,698	23.7	%	$	7,225	24.8	%