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Note 21 - Parent Company Financial Information (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Condensed Balance Sheet [Table Text Block]
  

CONDENSED BALANCE SHEETS

 
  

December 31,

 

(Amounts in thousands)

 

2021

  

2020

 

Assets

        

Cash and due from banks

 $7,728  $10,089 

Securities available for sale

  9,919    

Investment in subsidiaries

  405,374   412,161 

Other assets

  5,522   5,089 

Total assets

 $428,543  $427,339 
         

Liabilities

        

Other liabilities

 $768  $609 

Total liabilities

  768   609 
         

Stockholders' equity

        

Common stock

  16,878   17,723 

Additional paid-in capital

  147,619   173,345 

Retained earnings

  264,824   237,585 

Accumulated other comprehensive loss

  (1,546)  (1,923)

Total stockholders' equity

  427,775   426,730 

Total liabilities and stockholders' equity

 $428,543  $427,339 
Condensed Income Statement [Table Text Block]
  

CONDENSED STATEMENTS OF INCOME

 
  

Year Ended December 31,

 
  

2021

  

2020

  

2019

 

(Amounts in thousands)

            

Cash dividends received from subsidiary bank

 $53,200  $23,710  $38,500 

Other income

  8   3   444 

Other operating expense

  1,086   1,446   1,420 

Income before income taxes and equity in undistributed net income of subsidiaries

  52,122   22,267   37,524 

Income tax benefit

  (351)  (375)  (276)

Income before equity in undistributed net income of subsidiaries

  52,473   22,642   37,800 

Equity in (dividends in excess) of undistributed net income of subsidiaries

  (1,305)  13,284   1,002 

Net income

 $51,168  $35,926  $38,802 
Condensed Cash Flow Statement [Table Text Block]
  

CONDENSED STATEMENTS OF CASH FLOWS

 
  

Year Ended December 31,

 

(Amounts in thousands)

 

2021

  

2020

  

2019

 

Operating activities

            

Net income

 $51,168  $35,926  $38,802 

Adjustments to reconcile net income to net cash provided by operating activities

            

Net change in other operating activities

  253   1,047   1,865 

Net cash provided by operating activities

  51,421   36,973   40,667 

Investing activities

            

Purchase of investment securities

  (9,919)      

Dividends in excess of undistributed net income of subsidiaries

  1,305   (13,284)  (1,002)

Net cash provided by investing activities

  (8,614)  (13,284)  (1,002)

Financing activities

            

Proceeds from issuance of common stock

        136 

Payments for repurchase of common stock

  (28,882)  (21,872)  (16,362)

Payments of common dividends

  (18,059)  (17,876)  (15,060)

Net change in other financing activities

  1,773   2,150   1,893 
   (45,168)  (37,598)  (29,393)

Net increase (decrease) in cash and cash equivalents

  (2,361)  (13,909)  10,272 

Cash and cash equivalents at beginning of period

  10,089   23,998   13,726 

Cash and cash equivalents at end of period

 $7,728  $10,089  $23,998