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Parent Only Condensed Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheets | CONDENSED BALANCE SHEETS December 31, 2017 and 2016
(In thousands) |  | 2017 |  | 2016
ASSETS |  |  |  |  |  |
Cash and cash equivalents |  | $ | 3,296 |  |  | $ | 887 |
Investment in Bank subsidiary |  | 210,816 |  |  | 167,666 |
Other assets |  | 750 |  |  | 790 |
Total assets |  | $ | 214,862 |  |  | $ | 169,343 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |
Liabilities: |  |  |  |  |  |
Junior subordinated debentures due to subsidiary grantor trust |  | $ | 5,155 |  |  | $ | 5,155 |
Other liabilities |  | 148 |  |  | 155 |
Total liabilities |  | 5,303 |  |  | 5,310 |
Shareholders’ equity: |  |  |  |  |  |
Common stock |  | 103,314 |  |  | 71,645 |
Retained earnings |  | 103,419 |  |  | 92,904 |
Accumulated other comprehensive (loss) income, net of tax |  | 2,826 |  |  | (516 | )
Total shareholders’ equity |  | 209,559 |  |  | 164,033 |
Total liabilities and shareholders’ equity |  | $ | 214,862 |  |  | $ | 169,343 |
Condensed Statements of Income and Comprehensive Income | CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Years Ended December 31, 2017, 2016, and 2015
(In thousands) |  | 2017 |  | 2016 |  | 2015
Income: |  |  |  |  |  |  |  |  |
Dividends declared by Subsidiary - eliminated in consolidation |  | $ | 3,133 |  |  | $ | 13,010 |  |  | $ | 2,260 |
Other income |  | 4 |  |  | 4 |  |  | 3 |
Total income |  | 3,137 |  |  | 13,014 |  |  | 2,263 |
Expenses: |  |  |  |  |  |  |  |  |
Interest on junior subordinated deferrable interest debentures |  | 147 |  |  | 121 |  |  | 99 |
Professional fees |  | 231 |  |  | 133 |  |  | 156 |
Other expenses |  | 1,019 |  |  | 779 |  |  | 411 |
Total expenses |  | 1,397 |  |  | 1,033 |  |  | 666 |
Income before equity in undistributed net income of Subsidiary |  | 1,740 |  |  | 11,981 |  |  | 1,597 |
Equity in undistributed net income of Subsidiary, net of distributions |  | 11,754 |  |  | 2,852 |  |  | 9,080 |
Income before income tax benefit |  | 13,494 |  |  | 14,833 |  |  | 10,677 |
Benefit from income taxes |  | 532 |  |  | 349 |  |  | 287 |
Income available to common shareholders |  | $ | 14,026 |  |  | $ | 15,182 |  |  | $ | 10,964 |
Comprehensive income |  | $ | 16,867 |  |  | $ | 10,204 |  |  | $ | 10,049 |
Condensed Statements of Cash Flows | CONDENSED STATEMENTS OF CASH FLOWS For the Years Ended December 31, 2017, 2016, and 2015
(In thousands) |  | 2017 |  | 2016 |  | 2015
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income |  | $ | 14,026 |  |  | $ | 15,182 |  |  | $ | 10,964 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |
Undistributed net income of subsidiary, net of distributions |  | (11,754 | ) |  | (2,852 | ) |  | (9,080 | )
Stock-based compensation |  | 384 |  |  | 284 |  |  | 238 |
Tax benefit from exercise of stock options |  | — |  |  | (30 | ) |  | (6 | )
Net (increase) decrease in other assets |  | (114 | ) |  | (405 | ) |  | 50 |
Net (decrease) increase in other liabilities |  | (7 | ) |  | 64 |  |  | (32 | )
Benefit from deferred income taxes |  | 155 |  |  | 98 |  |  | (5 | )
Net cash provided by operating activities |  | 2,690 |  |  | 12,341 |  |  | 2,129 |
Cash flows used in investing activities: |  |  |  |  |  |  |  |  |
Investment in subsidiary |  | (151 | ) |  | (9,584 | ) |  | — |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividend payments on common stock |  | (3,010 | ) |  | (2,715 | ) |  | (1,979 | )
Proceeds from exercise of stock options |  | 2,880 |  |  | 231 |  |  | 60 |
Tax benefit from exercise of stock options |  | — |  |  | 30 |  |  | 6 |
Net cash used in financing activities |  | (130 | ) |  | (2,454 | ) |  | (1,913 | )
Increase in cash and cash equivalents |  | 2,409 |  |  | 303 |  |  | 216 |
Cash and cash equivalents at beginning of year |  | 887 |  |  | 584 |  |  | 368 |
Cash and cash equivalents at end of year |  | $ | 3,296 |  |  | $ | 887 |  |  | $ | 584 |
Supplemental Disclosure of Cash Flow Information: |  |  |  |  |  |
Cash paid during the year for interest |  | $ | 142 |  |  | $ | 112 |  |  | $ | 97 |
Non-cash investing and financing activities: |  |  |  |  |  |  |  |
Common stock issued in acquisitions |  | $ | 28,405 |  |  | $ | 16,678 |  |  | $ | — |

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