Annual report pursuant to Section 13 and 15(d)

Note 16 - Income Taxes - Components of Net Deferred Tax Asset (Details)

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Note 16 - Income Taxes - Components of Net Deferred Tax Asset (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Allowance for credit losses $ 21,600 $ 17,733
Other real estate owned 728 225
Nonqualified equity awards 873 953
Nonaccrual interest 322 231
State tax credits 6,091 7,787
Investments 0 1,119
Deferred loan fees 5,875 891
Reserve for unfunded commitments 600 183
Accrued bonus 2,594 2,029
Capital loss carryforward 1,480 0
Lease liability 2,671 0
Deferred revenue 42 0
Differences in amounts reflected in financial statements and income tax basis of assets acquired and liabilities assumed in acquisition 0 121
Other deferred tax assets 885 487
Total deferred tax assets 43,761 31,759
Deferred tax liabilities:    
Net unrealized gain on securities available for sale 5,360 1,515
Depreciation 4,011 4,021
Prepaid expenses 543 516
Investments 79 0
Right-of-use assets and other leasing transactions 2,622 0
Acquired intangible assets 74 141
Total deferred tax liabilities 12,689 6,193
Net deferred tax assets $ 31,072 $ 25,566