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Condensed Financial Statements of Parent Company | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Condensed Financial Statements of Parent Company | Note 18 – Condensed Financial Statements of Parent Company
Balance Sheets |  |  |  |  |  |  |  |
|  | (In Thousands) |
|  | 2019 |  |  | 2018 |
Assets |  |  |  |  |  |  |  |
Cash |  | $ | 2,281 |  |  | $ | 1,727 |
Related party receivables: |  |  |  |  |  |  |  |
Dividends and accounts receivable from subsidiary |  |  | 4,080 |  |  |  | 9,808 |
Accrued interest receivable - municipals |  |  | 75 |  |  |  | 67 |
Securities - municipals |  |  | 17,196 |  |  |  | 12,977 |
Certificate of deposits |  |  | 1,974 |  |  |  | 1,974 |
Investment in subsidiaries |  |  | 206,553 |  |  |  | 118,151 |
Total Assets |  | $ | 232,159 |  |  | $ | 144,704 |
Liabilities |  |  |  |  |  |  |  |
Accrued expenses |  | $ | 133 |  |  | $ | 38 |
Dividends payable |  |  | 1,768 |  |  |  | 1,379 |
Total Liabilities |  |  | 1,901 |  |  |  | 1,417 |
Stockholders' Equity |  |  | 230,258 |  |  |  | 143,287 |
Total Liabilities and Stockholders' Equity |  | $ | 232,159 |  |  | $ | 144,704 |
Statements of Income and Comprehensive Income |  |  |  |  |  |  |  |  |  |  |  |
|  | (In Thousands) |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Income |  |  |  |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 13,137 |  |  | $ | 8,350 |  |  | $ | 6,850 |
Interest - municipals / certificates of deposit |  |  | 374 |  |  |  | 389 |  |  |  | 313 |
Gain (loss) on sales of available-for-sale securities |  |  | - |  |  |  | (19 | ) |  |  | - |
Total income |  |  | 13,511 |  |  |  | 8,720 |  |  |  | 7,163 |
Operating Expenses |  |  | 999 |  |  |  | 1,020 |  |  |  | 828 |
Income Before Income Taxes and Equity in Undistributed Earnings of Subsidiaries |  |  | 12,512 |  |  |  | 7,700 |  |  |  | 6,335 |
Income Taxes (Benefit) |  |  | (166 | ) |  |  | (362 | ) |  |  | (422 | )
|  |  | 12,678 |  |  |  | 8,062 |  |  |  | 6,757 |
Equity in undistributed earnings of subsidiaries |  |  | 5,724 |  |  |  | 6,887 |  |  |  | 5,963 |
Net Income |  |  | 18,402 |  |  |  | 14,949 |  |  |  | 12,720 |
Other Comprehensive Income (Loss): |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gains (losses) on securities |  |  | 4,112 |  |  |  | (829 | ) |  |  | 146 |
Comprehensive Income |  | $ | 22,514 |  |  | $ | 14,120 |  |  | $ | 12,866 |
Statements of Cash Flows |  |  |  |  |  |  |  |  |  |  |  |
|  | (In Thousands) |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 18,402 |  |  | $ | 14,949 |  |  | $ | 12,720 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed net income (distributions in excess earnings) of subsidiaries |  |  | (5,724 | ) |  |  | (6,887 | ) |  |  | (5,963 | )
Accretion and amortization of securities |  |  | 99 |  |  |  | 190 |  |  |  | 206 |
Other assets and liabilities |  |  | (1,604 | ) |  |  | (6,991 | ) |  |  | 159 |
Net cash provided by operating activities |  |  | 11,173 |  |  |  | 1,261 |  |  |  | 7,122 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |  |  |  |
Activity in available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |
Maturities, prepayments and calls |  |  | 7,060 |  |  |  | 5,030 |  |  |  | 2,815 |
Sales |  |  | 500 |  |  |  | 3,300 |  |  |  | - |
Purchases |  |  | (11,453 | ) |  |  | (2,695 | ) |  |  | (4,482 | )
Purchases of certificates of deposit |  |  | - |  |  |  | - |  |  |  | (1,974 | )
Net cash provided by (used in) investing activities |  |  | (3,893 | ) |  |  | 5,635 |  |  |  | (3,641 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Payment of dividends |  |  | (6,345 | ) |  |  | (4,956 | ) |  |  | (4,443 | )
Purchase of Treasury stock |  |  | (381 | ) |  |  | (490 | ) |  |  | (196 | )
Net cash used in financing activities |  |  | (6,726 | ) |  |  | (5,446 | ) |  |  | (4,639 | )
Net Change in Cash and Cash Equivalents |  |  | 554 |  |  |  | 1,450 |  |  |  | (1,158 | )
Cash and Cash Equivalents - Beginning of year |  |  | 1,727 |  |  |  | 277 |  |  |  | 1,435 |
Cash and Cash Equivalents - End of year |  | $ | 2,281 |  |  | $ | 1,727 |  |  | $ | 277 |

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- References No definition available. + Details
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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 + Details
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