XML 135 R122.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Parent Only Financial Information Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net Cash Provided by (Used in) Operating Activities                      
Net income $ 10,156 $ 10,826 $ 11,204 $ 8,672 $ 8,591 $ 9,198 $ 8,235 $ 9,731 $ 40,858 $ 35,755 $ 16,978
Share-based compensation                 2,584 2,513 1,871
Excess Tax Benefit (Expense) from Share-Based Compensation, Operating Activities                 264 48 (32)
Payments on operating lease liabilities                 1,470 1,431 1,444
Net cash provided by operating activities                 38,645 35,992 26,635
Net Cash Provided by (Used in) Investing Activities                      
Proceeds from redemption of Trust II stock                 315 0 0
Net cash used in investing activities                 (245,267) (111,012) (454,507)
Net Cash Provided by (Used in) Financing Activities                      
Proceeds from issuance of subordinated notes payable                 20,000 0 0
Repayment of subordinated notes payable                 (9,090) 0 0
Repayments of Other Long-Term Debt                 (10,076) 0 0
Proceeds from Issuance of Preferred Stock and Preference Stock                 11,992 0 0
Purchase of treasury stock                 (6,126) (5,478) (1,672)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock                 (683) 0 0
Cash dividends paid                 (6,688) (6,166) (5,652)
Proceeds from purchases of Employee Stock Purchase Plan shares                 134 160 66
Net cash provided by financing activities                 252,194 75,221 417,679
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect                 45,572 201 (10,193)
Cash and cash equivalents at the beginning of the period       57,110         57,110    
Cash and cash equivalents at the end of the period 102,682       57,110       102,682 57,110  
Parent company                      
Net Cash Provided by (Used in) Operating Activities                      
Net income                 40,858 35,755 16,978
Equity in undistributed earnings of consolidated subsidiaries                 (43,536) (40,107) (21,283)
Share-based compensation                 2,584 2,513 1,871
Excess Tax Benefit (Expense) from Share-Based Compensation, Operating Activities                 (91) (27) 8
Payments on operating lease liabilities                 0 0 (560)
Net increase (decreases) in other liabilities                 2,592 (2,090) (574)
Other, net                 (538) 3,413 560
Net cash provided by operating activities                 1,869 (543) (3,000)
Net Cash Provided by (Used in) Investing Activities                      
Dividends received from subsidiaries                 2,008 8,534 12,034
Proceeds from redemption of Trust II stock                 315 0 0
Net cash used in investing activities                 2,323 8,534 12,034
Net Cash Provided by (Used in) Financing Activities                      
Proceeds from Issuance of Long-term Debt                 (357) 55 55
Proceeds from issuance of subordinated notes payable                 20,000 0 0
Repayment of subordinated notes payable                 (9,090) 0 0
Repayments of Other Long-Term Debt                 (10,076) 0 0
Proceeds from Issuance of Preferred Stock and Preference Stock                 11,992 0 0
Proceeds from (Repayments of) Short-term Debt                 (500) 500 0
Purchase of treasury stock                 (6,126) (5,477) (1,672)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock                 (683) 0 0
Cash dividends paid                 (6,688) (6,166) (5,652)
Net cash provided by financing activities                 (1,394) (10,928) (7,203)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect                 2,798 (2,937) 1,831
Cash and cash equivalents at the beginning of the period       $ 331       $ 3,268 331 3,268 1,437
Cash and cash equivalents at the end of the period $ 3,129       $ 331       $ 3,129 $ 331 $ 3,268