Deferred tax assets and liabilities at December 31 are comprised of the following:
| (In Thousands) | ||||||||
| 2013 | 2012 | |||||||
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Deferred Tax Assets: |
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Allowance for loan losses |
$ | 1,766 | $ | 1,776 | ||||
|
Other |
788 | 766 | ||||||
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Total deferred tax assets |
2,554 | 2,542 | ||||||
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Deferred Tax Liabilities: |
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|
Accreted discounts on bonds |
73 | 55 | ||||||
|
FHLB stock dividends |
859 | 859 | ||||||
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Mortgage servicing rights |
702 | 701 | ||||||
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Other |
1,121 | 1,094 | ||||||
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Net unrealized gain on available- for-sale securities |
3 | 3,139 | ||||||
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Total deferred tax liabilities |
2,758 | 5,848 | ||||||
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Net Deferred Tax Liability |
$ | (204 | ) | $ | (3,306 | ) | ||
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