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Parent-only Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2023
Parent-only Financial Statements [Abstract]  
Condensed Balance Sheets
Condensed Balance Sheets
    
  
    December 31,
 
Assets
  
2023
    
2022
  

           
Cash and due from banks
  
$
40
    
$
297
  
Investment in bank subsidiary
    
169,275
      
143,049
  
Dividends receivable
    
1,932
      
1,463
  
Goodwill
    
1,011
      
1,011
  
                 
Total assets
  
$
172,258
    
$
145,820
  
                 
Liabilities and Shareholders’ Equity
                
                 
Dividends Payable
   $ 1,932     $ 1,463  
Other liabilities
    
-
      
257
  
                 
Total liabilities
    
1,932
      
1,720
  
 
                
Total shareholders’ equity
    
170,326
      
144,100
  
 
                
Total liabilities and shareholders’ equity
  
$
172,258
    
$
145,820
  
Condensed Statements of Income
Condensed Statements of Comprehensive Income
  
For the Years Ended December 31,
  
   
2023
    
2022
    
2021
  
Income
                  
Dividends from subsidiary bank
  
$
6,790
    
$
4,738
    
$
4,078
  
                         
Total Income
    
6,790
      
4,738
      
4,078
  
                         
Expense
                        
Other
    
-
      
-
      
-
  
                         
Total expense
    
-
      
-
      
-
  
                         
Income and equity in undistributed net income of bank subsidiary
    
6,790
      
4,738
      
4,078
  
Equity in undistributed net income of bank subsidiary
    
21,485
      
24,900
      
19,081
  
                         
Income before Taxes
    28,275       29,638       23,159  
Income tax expense
    
-
      
-
      
-
  
                         
Net Income Available to Common Shareholders
  
$
28,275
    
$
29,638
    
$
23,159
  
                         
Other Comprehensive Income                        
Equity in other comprehensive (loss) income of subsidiary   $ 3,158     $ (9,447 )   $ 144  
Other comprehensive gain(loss)
   $ 3,158     $ (9,447 )   $ 144  
Comprehensive Income   $ 31,433     $ 20,191     $ 23,303  
Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
  
For the Years Ended December 31,
  
   
2023
    
2022
    
2021
  
                   
Operating Activities
                  
Net income
  
$
28,275
    
$
29,638
    
$
23,159
  
Items not requiring (providing) cash
                        
Equity in undistributed net income
    
(21,485
)
    
(24,900
)
    
(19,081
)
                         
Changes in
                        
Other current assets and liabilities
     (727 )    
(374
)
    
(102
)
                         
Net cash provided by operating activities
     6,063
      
4,364
      
3,976
  
                         
Financing Activities
                        
Common stock issued, net of offering costs
    
1
      
-
      
1
  
Dividends paid
     (6,323 )    
(4,364
)
    
(3,982
)
                         
Net cash used in financing activities
     (6,322 )    
(4,364
)
    
(3,981
)
                         
Increase (Decrease) in Cash and Due from Banks
    
(259
)
    
-
      
(5
)
                         
Cash and Due from Banks, Beginning of Period
    
297
      
297
      
302
  
                         
Cash and Due from Banks, End of Period
  
$
38
    
$
297
    
$
297
  
                         
Supplemental Disclosure of Cash Flows Information
                        
Dividends declared and not paid
  
$
1,932
    
$
1,463
    
$
1,089