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Parent Only Condensed Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets | CONDENSED BALANCE SHEETS December 31, 2018 and 2017
(In thousands) |  | 2018 |  | 2017
ASSETS |  |  |  |  |  |
Cash and cash equivalents |  | $ | 2,326 |  |  | $ | 3,296 |
Investment in Bank subsidiary |  | 222,514 |  |  | 210,816 |
Other assets |  | 367 |  |  | 750 |
Total assets |  | $ | 225,207 |  |  | $ | 214,862 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |
Liabilities: |  |  |  |  |  |
Junior subordinated debentures due to subsidiary grantor trust |  | $ | 5,155 |  |  | $ | 5,155 |
Other liabilities |  | 314 |  |  | 148 |
Total liabilities |  | 5,469 |  |  | 5,303 |
Shareholders’ equity: |  |  |  |  |  |
Common stock |  | 103,851 |  |  | 103,314 |
Retained earnings |  | 120,294 |  |  | 103,419 |
Accumulated other comprehensive (loss) income, net of tax |  | (4,407 | ) |  | 2,826 |
Total shareholders’ equity |  | 219,738 |  |  | 209,559 |
Total liabilities and shareholders’ equity |  | $ | 225,207 |  |  | $ | 214,862 |
Condensed Statements of Income and Comprehensive Income | CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Years Ended December 31, 2018, 2017, and 2016
(In thousands) |  | 2018 |  | 2017 |  | 2016
Income: |  |  |  |  |  |  |  |  |
Dividends declared by Subsidiary - eliminated in consolidation |  | $ | 2,850 |  |  | $ | 3,133 |  |  | $ | 13,010 |
Other income |  | 6 |  |  | 4 |  |  | 4 |
Total income |  | 2,856 |  |  | 3,137 |  |  | 13,014 |
Expenses: |  |  |  |  |  |  |  |  |
Interest on junior subordinated deferrable interest debentures |  | 199 |  |  | 147 |  |  | 121 |
Professional fees |  | 217 |  |  | 231 |  |  | 133 |
Other expenses |  | 548 |  |  | 1,019 |  |  | 779 |
Total expenses |  | 964 |  |  | 1,397 |  |  | 1,033 |
Income before equity in undistributed net income of Subsidiary |  | 1,892 |  |  | 1,740 |  |  | 11,981 |
Equity in undistributed net income of Subsidiary, net of distributions |  | 19,075 |  |  | 11,754 |  |  | 2,852 |
Income before income tax benefit |  | 20,967 |  |  | 13,494 |  |  | 14,833 |
Benefit from income taxes |  | 322 |  |  | 532 |  |  | 349 |
Net income |  | $ | 21,289 |  |  | $ | 14,026 |  |  | $ | 15,182 |
Comprehensive income |  | $ | 13,912 |  |  | $ | 16,867 |  |  | $ | 10,204 |
Condensed Statements of Cash Flows | CONDENSED STATEMENTS OF CASH FLOWS For the Years Ended December 31, 2018, 2017, and 2016
(In thousands) |  | 2018 |  | 2017 |  | 2016
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income |  | $ | 21,289 |  |  | $ | 14,026 |  |  | $ | 15,182 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |
Undistributed net income of subsidiary, net of distributions |  | (19,075 | ) |  | (11,754 | ) |  | (2,852 | )
Stock-based compensation |  | 482 |  |  | 384 |  |  | 284 |
Tax benefit from exercise of stock options |  | — |  |  | — |  |  | (30 | )
Net decrease (increase) in other assets |  | 372 |  |  | (114 | ) |  | (405 | )
Net increase (decrease) in other liabilities |  | 166 |  |  | (7 | ) |  | 64 |
Benefit for deferred income taxes |  | 11 |  |  | 155 |  |  | 98 |
Net cash provided by operating activities |  | 3,245 |  |  | 2,690 |  |  | 12,341 |
Cash flows used in investing activities: |  |  |  |  |  |  |  |  |
Investment in subsidiary |  | — |  |  | (151 | ) |  | (9,584 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividend payments on common stock |  | (4,270 | ) |  | (3,010 | ) |  | (2,715 | )
Purchase and retirement of common stock |  | (894 | ) |  | — |  |  | — |
Proceeds from exercise of stock options |  | 738 |  |  | 2,880 |  |  | 231 |
Proceeds from stock issued under employee stock purchase plan |  | 211 |  |  | — |  |  | — |
Excess tax benefit from exercise of stock options |  | — |  |  | — |  |  | 30 |
Net cash used in financing activities |  | (4,215 | ) |  | (130 | ) |  | (2,454 | )
(Decrease) increase in cash and cash equivalents |  | (970 | ) |  | 2,409 |  |  | 303 |
Cash and cash equivalents at beginning of year |  | 3,296 |  |  | 887 |  |  | 584 |
Cash and cash equivalents at end of year |  | $ | 2,326 |  |  | $ | 3,296 |  |  | $ | 887 |
Supplemental Disclosure of Cash Flow Information: |  |  |  |  |  |
Cash paid during the year for interest |  | $ | 185 |  |  | $ | 142 |  |  | $ | 112 |
Non-cash investing and financing activities: |  |  |  |  |  |  |  |
Common stock issued in acquisitions |  | $ | — |  |  | $ | 28,405 |  |  | $ | 16,678 |

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