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PARENT COMPANY CONDENSED FINANCIAL STATEMENTS: (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheet |
CONDENSED BALANCE SHEETS |  |  |  |
|  | December 31,
(Dollar amounts in thousands) |  | 2020 |  | 2019
ASSETS |  |  |  |
Cash deposits in affiliated banks |  | $ | 2,480 |  |  | $ | 4,394 |
Investments in subsidiaries |  | 597,888 |  |  | 566,384 |
Land and headquarters building, net |  | 4,614 |  |  | 4,807 |
Other |  | 6,000 |  |  | 23 |
Total Assets |  | $ | 610,982 |  |  | $ | 575,608 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |
Liabilities |  |  |  |
Borrowings |  | $ | — |  |  | $ | 10,177 |
Dividends payable |  | 7,182 |  |  | 7,142 |
Other liabilities |  | 6,808 |  |  | 681 |
TOTAL LIABILITIES |  | 13,990 |  |  | 18,000 |
Shareholders' Equity |  | 596,992 |  |  | 557,608 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |  | $ | 610,982 |  |  | $ | 575,608 |
Schedule of Condensed Income Statement |
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME |  |  |  |
|  | Years Ended December 31,
(Dollar amounts in thousands) |  | 2020 |  | 2019 |  | 2018
Dividends from subsidiaries |  | $ | 31,069 |  |  | $ | 81,281 |  |  | $ | 13,651 |
Other income |  | 1,054 |  |  | 720 |  |  | 720 |
Interest on borrowings |  | (374) |  |  | (142) |  |  | — |
Other operating expenses |  | (3,430) |  |  | (4,327) |  |  | (2,814) |
Income before income taxes and equity in undistributed earnings of subsidiaries |  | 28,319 |  |  | 77,532 |  |  | 11,557 |
Income tax benefit |  | 801 |  |  | 908 |  |  | 934 |
Income before equity in undistributed earnings of subsidiaries |  | 29,120 |  |  | 78,440 |  |  | 12,491 |
Equity in undistributed earnings of subsidiaries |  | 24,724 |  |  | (29,568) |  |  | 34,092 |
Net income |  | $ | 53,844 |  |  | $ | 48,872 |  |  | $ | 46,583 |
Comprehensive income |  | $ | 71,109 |  |  | $ | 64,825 |  |  | $ | 40,199 |
Schedule of Condensed Cash Flow Statement |
CONDENSED STATEMENTS OF CASH FLOWS |  |  |  |  |  |
|  | Years Ended December 31,
(Dollar amounts in thousands) |  | 2020 |  | 2019 |  | 2018
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |
Net Income |  | $ | 53,844 |  |  | $ | 48,872 |  |  | $ | 46,583 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |
Depreciation and amortization |  | 328 |  |  | 193 |  |  | 193 |
Equity in undistributed earnings |  | (24,724) |  |  | (29,568) |  |  | (34,092) |
Contribution of shares to ESOP |  | 1,471 |  |  | 1,251 |  |  | 1,087 |
Restricted stock compensation |  | 820 |  |  | 801 |  |  | 745 |
Increase (decrease) in other liabilities |  | 6,127 |  |  | (2,150) |  |  | (585) |
(Increase) decrease in other assets |  | (5,977) |  |  | 1,187 |  |  | (900) |
NET CASH FROM OPERATING ACTIVITIES |  | 31,889 |  |  | 20,586 |  |  | 13,031 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |
Cash received (disbursed) from acquisitions |  | — |  |  | (6,571) |  |  | — |
NET CASH FROM INVESTING ACTIVITIES |  | — |  |  | (6,571) |  |  | — |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |
Principal payments on borrowings |  | (10,310) |  |  | — |  |  | — |
Purchase of treasury stock |  | (9,220) |  |  | (315) |  |  | (391) |
Dividends paid |  | (14,273) |  |  | (12,648) |  |  | (12,496) |
NET CASH FROM FINANCING ACTIVITES |  | (33,803) |  |  | (12,963) |  |  | (12,887) |
NET (DECREASE) INCREASE IN CASH |  | (1,914) |  |  | 1,052 |  |  | 144 |
CASH, BEGINNING OF YEAR |  | 4,394 |  |  | 3,342 |  |  | 3,198 |
CASH, END OF YEAR |  | $ | 2,480 |  |  | $ | 4,394 |  |  | $ | 3,342 |
Supplemental disclosures of cash flow information: |  |  |  |  |  |
Cash paid during the year for: |  |  |  |  |  |
Interest |  | $ | 375 |  |  | $ | — |  |  | $ | — |
Income taxes |  | $ | 7,538 |  |  | $ | 9,595 |  |  | $ | 7,185 |

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