Annual report pursuant to Section 13 and 15(d)

Income Taxes - Income Tax Reconciliation (Details)

v3.20.4
Income Taxes - Income Tax Reconciliation (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
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Tax Disclosure [Abstract]                      
Tax expense at federal income tax rate                 $ 8,143 $ 5,576 $ 2,516
State taxes                 206 62 28
Tax-exempt interest                 (373) (447) (377)
Bank-owned life insurance                 (75) (64) (4)
Stock compensation                 80 87 (247)
Interest expense exclusion                 19 26 21
Meals and entertainment                 31 29 18
Club dues                 40 38 30
Acquisition expenses                   156 155
NOL carryback claim                 (575)    
Other                 (37) (42) (138)
Total income tax expense (benefit) $ 3,353 $ 1,821 $ 1,980 $ 305 $ 1,676 $ 1,542 $ 829 $ 1,374 $ 7,459 $ 5,421 $ 2,002
Tax expense at federal income tax rate                 21.00% 21.00% 21.00%
State taxes                 0.53% 0.23% 0.23%
Tax-exempt interest                 (0.96%) (1.68%) (3.15%)
Bank-owned life insurance                 (0.19%) (0.24%) (0.03%)
Stock compensation                 0.21% 0.33% (2.06%)
Interest expense exclusion                 0.05% 0.10% 0.18%
Meals and entertainment                 0.08% 0.11% 0.15%
Club dues                 0.10% 0.14% 0.25%
Acquisition expenses                 0.00% 0.59% 1.29%
NOL carryback claim                 (1.48%) 0.00% 0.00%
Other                 (0.10%) (0.17%) (1.15%)
Total                 19.24% 20.41% 16.71%