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Condensed Financial Information of Parent Company (Tables) | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheet | Following are the condensed balance sheets of the Company (parent company only) and the related condensed statements of income and cash flows.
|  | Condensed Balance Sheets December 31,
(In thousands) |  | 2019 |  | 2018
Assets |  |  |  |  |  |
Cash and due from banks |  | $ | 17,032 |  | $ | 35,735
Short-term investments |  |  | 3,223 |  |  | 35,201
Securities available-for-sale, at fair value |  |  | 422,665 |  |  | 441,534
Loans, net |  |  | 45,187 |  |  | 20,188
Payments in excess of funding |  |  | 206,158 |  |  | 160,777
Investments in subsidiaries |  |  | 145,400 |  |  | 130,231
Premises and equipment, net |  |  | 19,940 |  |  | 21,358
Other assets |  |  | 137,226 |  |  | 117,374
Total assets |  | $ | 996,831 |  | $ | 962,398
Liabilities and Shareholders’ Equity |  |  |  |  |  |
Liabilities: |  |  |  |  |  |
Accounts and drafts payable |  | $ | 683,485 |  | $ | 693,026
Short-term borrowings |  |  | 18,000 |  |  | —
Other liabilities |  |  | 50,987 |  |  | 39,362
Total liabilities |  |  | 752,472 |  |  | 732,388
Total shareholders’ equity |  |  | 244,359 |  |  | 230,010
Total liabilities and shareholders’ equity |  | $ | 996,831 |  | $ | 962,398
Schedule of Condensed Statements of Income |
|  | Condensed Statements of Income For the Years Ended December 31,
(In thousands) |  | 2019 |  | 2018 |  | 2017
Income from subsidiaries – management fees |  | $ | 2,599 |  |  | $ | 2,668 |  | $ | 2,172
Information services revenue |  |  | 106,198 |  |  |  | 100,628 |  |  | 93,133
Net interest income after provision |  |  | 15,713 |  |  |  | 14,159 |  |  | 13,217
Gain (loss) on sales of investment securities |  |  | 19 |  |  |  | (42 | ) |  | —
Other income |  |  | 518 |  |  |  | 456 |  |  | 483
Total income |  |  | 125,047 |  |  |  | 117,869 |  |  | 109,005
Expenses: |  |  |  |  |  |  |  |  |  |
Salaries and employee benefits |  |  | 81,432 |  |  |  | 77,946 |  |  | 70,409
Other expenses |  |  | 26,136 |  |  |  | 23,442 |  |  | 20,333
Total expenses |  |  | 107,568 |  |  |  | 101,388 |  |  | 90,742
Income before income tax and equity in undistributed income of subsidiaries |  |  | 17,479 |  |  |  | 16,481 |  |  | 18,263
Income tax expense |  |  | 2,860 |  |  |  | 1,788 |  |  | 4,394
Income before undistributed income of subsidiaries |  |  | 14,619 |  |  |  | 14,693 |  |  | 13,869
Equity in undistributed income of subsidiaries |  |  | 15,785 |  |  |  | 15,575 |  |  | 11,145
Net income |  | $ | 30,404 |  |  | $ | 30,268 |  | $ | 25,014
Schedule of Condensed Statements of Cash Flows |
|  | Condensed Statements of Cash Flows For the Years Ended December 31,
(In thousands) |  | 2019 |  | 2018 |  | 2017
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 30,404 |  |  | $ | 30,268 |  |  | $ | 25,014 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed income of subsidiaries |  |  | (15,785 | ) |  |  | (15,575 | ) |  |  | (11,145 | )
Net change in other assets |  |  | (6,289 | ) |  |  | (1,012 | ) |  |  | (7,257 | )
Net change in other liabilities |  |  | 9,474 |  |  |  | 3,829 |  |  |  | 10,118 |
Stock-based compensation expense |  |  | 3,144 |  |  |  | 2,583 |  |  |  | 1,743 |
Other, net |  |  | 6,104 |  |  |  | 10,242 |  |  |  | 9,219 |
Net cash provided by operating activities |  |  | 27,052 |  |  |  | 30,335 |  |  |  | 27,692 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Net decrease (increase) in securities |  |  | 26,150 |  |  |  | 14,615 |  |  |  | (80,621 | )
Net (increase) decrease in loans |  |  | (24,999 | ) |  |  | (7,949 | ) |  |  | 34,944 |
Net increase in payments in excess of funding |  |  | (45,381 | ) |  |  | (21,674 | ) |  |  | (33,756 | )
Purchases of premises and equipment, net |  |  | (2,637 | ) |  |  | (4,211 | ) |  |  | (4,020 | )
Asset acquisition of Gateway Giving, LLC |  |  | (2,833 | ) |  |  | — |  |  |  | — |
Net cash used in investing activities |  |  | (49,700 | ) |  |  | (19,219 | ) |  |  | (83,453 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Net (decrease) increase in accounts and drafts payable |  |  | (21,875 | ) |  |  | (22,316 | ) |  |  | 20,397 |
Short-term borrowings |  |  | 18,000 |  |  |  | — |  |  |  | — |
Cash dividends paid |  |  | (15,234 | ) |  |  | (13,177 | ) |  |  | (10,675 | )
Purchase of common shares for treasury |  |  | (7,799 | ) |  |  | (8,838 | ) |  |  | (2,270 | )
Other financing activities, net |  |  | (1,125 | ) |  |  | (635 | ) |  |  | (267 | )
Net cash (used in) provided by financing activities |  |  | (28,033 | ) |  |  | (44,966 | ) |  |  | 7,185 |
Net decrease in cash and cash equivalents |  |  | (50,681 | ) |  |  | (33,850 | ) |  |  | (48,576 | )
Cash and cash equivalents at beginning of year |  |  | 70,936 |  |  |  | 104,786 |  |  |  | 153,362 |
Cash and cash equivalents at end of year |  | $ | 20,255 |  |  | $ | 70,936 |  |  | $ | 104,786 |

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