Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

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INCOME TAXES (Details 2) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Deferred Tax Assets attributable to:    
Allowance for Loan Losses $ 3,373 $ 5,182
Accrued Pension/SERP 10,289 16,107
State Net Operating Loss and Tax Credit Carry-Forwards 5,074 4,804
Other Real Estate Owned 1,520 3,550
Federal Net Operating Loss and Tax Credit Carry-Forwards 50 401
Accrued SERP Liability 1,398 1,824
Other 1,787 2,414
Total Deferred Tax Assets 23,491 34,282
Deferred Tax Liabilities attributable to:    
Depreciation on Premises and Equipment 3,272 5,480
Deferred Loan Fees and Costs 2,266 3,342
Intangible Assets 3,035 4,319
Investments 469 714
Other 5 10
Total Deferred Tax Liabilities 9,047 13,865
Valuation Allowance 1,755 1,445
Net Deferred Tax Assets $ 12,689 $ 18,972