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Condensed Parent Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheet | CONDENSED BALANCE SHEETS December 31, 2021 and 2020 (Dollars in thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
ASSETS: |  | ​ |  |  | ​ |
Cash | ​ | $ | 11,445 | ​ | $ | 8,062
Investment in subsidiary | ​ |  | 462,788 | ​ |  | 384,743
Other assets | ​ |  | 5,380 | ​ |  | 4,413
​ | ​ | ​ | ​ | ​ | ​ | ​
Total assets | ​ | $ | 479,613 | ​ | $ | 397,218
​ | ​ | ​ | ​ | ​ | ​ | ​
LIABILITIES AND SHAREHOLDERS’ EQUITY: | ​ |  |  | ​ |  |
Other liabilities | ​ | $ | 753 | ​ | $ | 704
Other borrowings | ​ |  | 49,430 | ​ |  | 39,346
​ | ​ | ​ | ​ | ​ | ​ | ​
Total liabilities | ​ |  | 50,183 | ​ |  | 40,050
​ | ​ | ​ | ​ | ​ | ​ | ​
Shareholders’ equity | ​ |  | 429,430 | ​ |  | 357,168
​ | ​ | ​ | ​ | ​ | ​ | ​
Total liabilities and shareholders’ equity | ​ | $ | 479,613 | ​ | $ | 397,218
Condensed Income Statement | CONDENSED STATEMENTS OF INCOME Years ended December 31, 2021 and 2020 (Dollars in thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
INCOME: | ​ | ​ | ​ | ​ | ​ | ​
Interest income | ​ | $ | — | ​ | $ | —
Other income | ​ |  | 2 | ​ |  | —
Total income | ​ |  | 2 | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​
EXPENSES: | ​ |  |  | ​ |  |
Interest expense | ​ |  | 2,512 | ​ |  | 2,334
Other operating expenses | ​ |  | 1,109 | ​ |  | 1,625
Total expense | ​ |  | 3,621 | ​ |  | 3,959
​ | ​ | ​ | ​ | ​ | ​ | ​
Income (loss) before equity in undistributed earnings of subsidiaries and income tax benefit | ​ |  | (3,619) | ​ |  | (3,959)
Income tax benefit (expense) | ​ |  | 888 | ​ |  | 908
Income before equity in undistributed net income of subsidiaries | ​ |  | (2,731) | ​ |  | (3,051)
Equity in undistributed earnings of subsidiaries | ​ |  | 37,521 | ​ |  | 27,383
Net income | ​ | $ | 34,790 | ​ | $ | 24,332
Condensed Cash Flow Statement | STATEMENTS OF CASH FLOWS For the years ended December 31, 2021 and 2020 (Dollars in thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
Cash flows from operating activities: |  | ​ |  |  | ​ |
Net income | ​ | $ | 34,790 | ​ | $ | 24,332
Adjustments to reconcile net income to net cash (used in) provided by operating activities: | ​ |  |  | ​ |  |
Equity in undistributed income of subsidiary | ​ |  | (37,521) | ​ |  | (27,383)
Other assets | ​ |  | (652) | ​ |  | (2,417)
Other liabilities | ​ |  | 127 | ​ |  | 143
Net cash used in operating activities | ​ |  | (3,256) | ​ |  | (5,325)
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flows from investing activities: | ​ |  |  | ​ |  |
Net cash paid for business combinations | ​ |  | (6,130) | ​ |  | (6,713)
Equity contribution from subsidiary | ​ |  | 10,000 | ​ |  | 13,900
Net cash provided by investing activities | ​ |  | 3,870 | ​ |  | 7,187
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flows from financing activities: | ​ |  |  | ​ |  |
Issuance of common stock | ​ |  | 205 | ​ |  | 339
Proceeds from other borrowings | ​ | ​ | 7,500 | ​ | ​ | —
Cash dividends paid | ​ |  | (3,728) | ​ |  | (2,986)
Repurchase of common stock | ​ | ​ | (1,208) | ​ | ​ | (4,308)
Net cash (used in) provided by financing activities | ​ |  | 2,769 | ​ |  | (6,955)
​ | ​ | ​ | ​ | ​ | ​ | ​
Net change in cash and cash equivalents | ​ |  | 3,383 | ​ |  | (5,093)
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents, beginning of year | ​ |  | 8,062 | ​ |  | 13,155
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents, end of period | ​ | $ | 11,445 | ​ | $ | 8,062

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