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Parent Company Only Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets |
CONDENSED BALANCE SHEETS | December 31,
| 2020 |  | 2019
Assets |  |  |
Cash | $ | 10,729 |  |  | $ | 750 |
Trading securities | 2,692 |  |  | 683 |
Investment in bank subsidiary | 456,531 |  |  | 349,307 |
Investment in non-bank subsidiaries | 15,681 |  |  | 24,606 |
Deferreds and current receivable | 1,788 |  |  | 1,576 |
Other assets | 1,264 |  |  | 1,479 |
Total assets | $ | 488,685 |  |  | $ | 378,401 |
Liabilities |  |  |
Borrowings from subsidiary | $ | 0 |  |  | $ | 850 |
Subordinated debentures | 70,620 |  |  | 70,620 |
Other liabilities | 1,928 |  |  | 1,965 |
Total liabilities | 72,548 |  |  | 73,435 |
Stockholders' equity | 416,137 |  |  | 304,966 |
Total liabilities and stockholders' equity | $ | 488,685 |  |  | $ | 378,401 |
Condensed Statements of Income |
CONDENSED STATEMENTS OF INCOME | Year Ended December 31,
Income: | 2020 |  | 2019 |  | 2018
Dividends from: |  |  |  |  |
Bank subsidiary | $ | 16,702 |  |  | $ | 12,696 |  |  | $ | 12,029 |
Non-bank subsidiaries | 10,350 |  |  | 0 |  |  | 3,000 |
Other | 216 |  |  | 208 |  |  | 212 |
Total income | 27,268 |  |  | 12,904 |  |  | 15,241 |
Expenses | (6,838) |  |  | (5,518) |  |  | (5,184) |
Income before income taxes and equity in undistributed net income of subsidiaries: | 20,430 |  |  | 7,386 |  |  | 10,057 |
Change in net unrealized holdings gains (losses) on equity securities not held for trading | (31) |  |  | 24 |  |  | 0 |
Income tax benefit | 1,306 |  |  | 1,177 |  |  | 1,116 |
Equity in undistributed net income of bank subsidiary | 18,197 |  |  | 27,580 |  |  | 24,031 |
Equity in undistributed (distributions in excess) of net income of non-bank subsidiaries | (7,159) |  |  | 3,914 |  |  | (1,485) |
Net income | 32,743 |  |  | 40,081 |  |  | 33,719 |
Dividends on preferred stock | (1,147) |  |  | 0 |  |  | 0 |
Net income available to common stockholders | $ | 31,596 |  |  | $ | 40,081 |  |  | $ | 33,719 |
Comprehensive income attributable to the parent | $ | 32,519 |  |  | $ | 39,856 |  |  | $ | 33,687 |
Condensed Statements of Cash Flows |
CONDENSED STATEMENTS OF CASH FLOWS | Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Net income |  |  |  |  |
Adjustments to reconcile net income to net cash provided by | $ | 32,743 |  |  | $ | 40,081 |  |  | $ | 33,719 |
operating activities: |  |  |  |  |
Equity in undistributed net income of bank subsidiary | (18,197) |  |  | (27,580) |  |  | (24,031) |
(Equity in undistributed) distributions in excess of net income of non–bank subsidiaries | 7,159 |  |  | (3,914) |  |  | 1,485 |
Net unrealized gains on trading securities | 31 |  |  | (24) |  |  | 0 |
Decrease (increase) in other assets | 21 |  |  | 177 |  |  | 872 |
Increase in other liabilities | 1,091 |  |  | 1,267 |  |  | 1,089 |
Net cash provided by operating activities | 22,848 |  |  | 10,007 |  |  | 13,134 |
Cash flows from investing activities |  |  |  |  |
Purchase of trading securities | (2,000) |  |  | (36) |  |  | (44) |
Investment in non-bank subsidiaries | 0 |  |  | 0 |  |  | (400) |
Outlays for business acquisition | (16,126) |  |  | 0 |  |  | 0 |
Investment in bank subsidiaries | (41,500) |  |  | 0 |  |  | 0 |
Net cash used in investing activities | (59,626) |  |  | (36) |  |  | (444) |
Cash flows from financing activities: |  |  |  |  |
Dividends paid on common stock | (10,981) |  |  | (10,358) |  |  | (10,237) |
Dividends paid on preferred stock | (1,147) |  |  | 0 |  |  | 0 |
Purchase of treasury stock | (1,307) |  |  | (1,291) |  |  | (2,454) |
Net proceeds from the issuance of preferred stock | 57,785 |  |  | 0 |  |  | 0 |
Net proceeds from issuance of common stock | 3,257 |  |  | 1,423 |  |  | 0 |
Net advance (to) from subsidiary | (850) |  |  | 650 |  |  | (1,200) |
Net cash provided by (used in) financing activities | 46,757 |  |  | (9,576) |  |  | (13,891) |
Net increase (decrease) in cash | 9,979 |  |  | 395 |  |  | (1,201) |
Cash beginning of year | 750 |  |  | 355 |  |  | 1,556 |
Cash end of year | $ | 10,729 |  |  | $ | 750 |  |  | $ | 355 |

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