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Parent Company Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Condensed Statements of Condition | Following are the condensed statements of condition, income and cash flows for the Company's parent company: STATEMENTS OF CONDITION
|  | December 31,
(In thousands) |  | 2019 |  | 2018
ASSETS |  |  |  |  |  |
Cash |  | $ | 30,561 |  |  | $ | 32,367 |
Investment in subsidiary |  | 509,149 |  |  | 464,885 |
Receivable from subsidiary |  | 150 |  |  | 48 |
Other assets |  | 19,290 |  |  | 15,458 |
Total assets |  | $ | 559,150 |  |  | $ | 512,758 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |
Subordinated debentures |  | $ | 59,080 |  |  | $ | 59,067 |
Due to subsidiary |  | 33 |  |  | 40 |
Other liabilities |  | 26,622 |  |  | 17,826 |
Shareholders’ equity |  | 473,415 |  |  | 435,825 |
Total liabilities and shareholders’ equity |  | $ | 559,150 |  |  | $ | 512,758 |
Condensed Statements of Income | STATEMENTS OF INCOME
|  | For The Year Ended December 31,
(In thousands) |  | 2019 |  | 2018 |  | 2017
Operating Income |  |  |  |  |  |  |  |  |
Dividend income from subsidiary |  | $ | 36,900 |  |  | $ | 28,100 |  |  | $ | 16,800 |
Other income |  | 1,128 |  |  | 283 |  |  | 145 |
Total operating income |  | 38,028 |  |  | 28,383 |  |  | 16,945 |
Operating Expenses |  |  |  |  |  |  |  |  |
Interest on borrowings |  | 3,267 |  |  | 3,415 |  |  | 3,408 |
Fees to Bank |  | 160 |  |  | 160 |  |  | 160 |
Other operating expenses |  | 641 |  |  | 569 |  |  | 592 |
Total operating expenses |  | 4,068 |  |  | 4,144 |  |  | 4,160 |
Income before equity in undistributed income of subsidiaries and income taxes |  | 33,960 |  |  | 24,239 |  |  | 12,785 |
Equity in undistributed income of subsidiaries |  | 22,580 |  |  | 27,971 |  |  | 17,405 |
Income before income taxes |  | 56,540 |  |  | 52,210 |  |  | 30,190 |
Income tax benefit (expense) |  | 663 |  |  | 861 |  |  | (1,714 | )
Net Income |  | $ | 57,203 |  |  | $ | 53,071 |  |  | $ | 28,476 |
Condensed Statements of Cash Flows | STATEMENTS OF CASH FLOWS
|  | For The Year Ended December 31,
(In thousands) |  | 2019 |  | 2018 |  | 2017
Operating Activities |  |  |  |  |  |  |  |  |
Net income |  | $ | 57,203 |  |  | $ | 53,071 |  |  | $ | 28,476 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |
Equity in undistributed income of subsidiaries |  | (22,579 | ) |  | (27,971 | ) |  | (17,405 | )
Increase in other assets |  | (2,935 | ) |  | (1,772 | ) |  | (1,962 | )
(Decrease) increase in due to subsidiaries |  | (109 | ) |  | 82 |  |  | (20 | )
Increase (decrease) in other liabilities |  | 4,298 |  |  | (4,763 | ) |  | 3,721 |
Net cash provided by operating activities |  | 35,878 |  |  | 18,647 |  |  | 12,810 |
Investing Activities |  |  |  |  |  |  |  |  |
Proceeds from sale of investments |  | — |  |  | 214 |  |  | 110 |
Net cash provided by investing activities |  | — |  |  | 214 |  |  | 110 |
Financing Activities |  |  |  |  |  |  |  |  |
Net proceeds from issuance of common stock |  | 1,683 |  |  | 1,338 |  |  | 863 |
Common stock repurchases |  | (20,795 | ) |  | (27 | ) |  | — |
Cash dividends paid on common stock |  | (18,572 | ) |  | (17,170 | ) |  | (14,323 | )
Net cash used in financing activities |  | (37,684 | ) |  | (15,859 | ) |  | (13,460 | )
Net (decrease) increase in cash, cash equivalents and restricted cash |  | (1,806 | ) |  | 3,002 |  |  | (540 | )
Cash, cash equivalents and restricted cash at beginning of year |  | 32,367 |  |  | 29,365 |  |  | 29,905 |
Cash, cash equivalents and restricted cash at end of year |  | $ | 30,561 |  |  | $ | 32,367 |  |  | $ | 29,365 |

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