XML 53 R41.htm IDEA: XBRL DOCUMENT v3.22.2.2
Income Taxes (Tables)
9 Months Ended
Sep. 30, 2022
Income Taxes  
Schedule of components of income tax expense

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended September 30, 

​

​

​

2022

​

​

2021

​

​

    

​

​

    

Percent of

  

  

​

​

    

Percent of

  

(dollars in thousands)

​

Amount

​

Pretax Income

  

​

Amount

​

Pretax Income

  

Taxes at statutory federal income tax rate

​

$

2,637

 

21.0

%

​

$

3,598

 

21.0

% 

Tax effect of:

​

​

​

 

​

​

​

​

​

 

​

​

Tax exempt income

​

​

(133)

 

(1.1)

%

​

​

(134)

 

(0.8)

% 

State income taxes, net of federal benefits

​

​

406

​

3.2

%

​

​

756

​

4.4

% 

Nondeductible items and other

​

​

30

 

0.2

%

​

​

(156)

 

(0.9)

% 

Applicable income taxes

​

$

2,940

​

23.3

%

​

$

4,064

​

23.7

% 

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Nine months ended September 30, 

​

​

​

2022

​

​

2021

​

​

    

​

​

    

Percent of

  

  

​

​

    

Percent of

 

(dollars in thousands)

​

Amount

​

Pretax Income

  

​

Amount

​

Pretax Income

 

Taxes at statutory federal income tax rate

​

$

7,906

 

21.0

% 

​

$

10,993

 

21.0

%

Tax effect of:

​

 

  

 

  

​

​

 

  

 

  

​

Tax exempt income

​

 

(372)

 

(1.0)

% 

​

 

(434)

 

(0.8)

%

State income taxes, net of federal benefits

​

 

1,515

 

4.0

% 

​

 

2,407

 

4.6

%

Nondeductible items and other

​

​

(496)

​

(1.3)

% 

​

​

(596)

​

(1.1)

%

Applicable income taxes

​

$

8,553

 

22.7

% 

​

$

12,370

 

23.7

%