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CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY (Tables)
 12 Months Ended
Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheets Condensed Balance Sheets
 December 31,
(Dollars in thousands)20212020
Assets  
Cash$27,463 $15,566 
Investment in subsidiaries322,002 265,679 
Other assets13,715 6,077 
     Total assets$363,180 $287,322 
Liabilities and stockholders’ equity  
Other liabilities$15,822 $4,432 
Subordinated debt73,030 43,407 
     Total liabilities88,852 47,839 
     Total stockholders’ equity274,328 239,483 
     Total liabilities and stockholders’ equity$363,180 $287,322 
Condensed Statements of Income Condensed Statements of Income
 Year ended December 31,
(Dollars in thousands)202120202019
Income, dividends from the Bank$19,165 $6,688 $6,280 
Operating expenses22,458 16,804 14,296 
Loss from continuing operations, before income taxes(3,293)(10,116)(8,016)
Income tax benefit - continuing operations(2,090)(2,082)(1,880)
Net loss from continuing operations(1,203)(8,034)(6,136)
Income from discontinued operations, before income taxes— — 575 
Income tax expense - discontinued operations— — 148 
Net income from discontinued operations— — 427 
Equity in undistributed income earnings of subsidiaries40,324 45,445 32,700 
Net income$39,121 $37,411 $26,991 
Preferred dividends$35 $461 $479 
Net income available to common shareholders$39,086 $36,950 $26,512 
Condensed Statements of Cash Flows Condensed Statements of Cash Flows
(Dollars in thousands)202120202019
OPERATING ACTIVITIES   
     Net income$39,121 $37,411 $26,991 
     Equity in undistributed earnings of subsidiaries(40,324)(45,445)(32,700)
     Stock-based compensation3,208 2,278 1,759 
     Other assets(6,849)(2,101)(4,104)
     Other liabilities11,390 1,767 344 
     Net cash from operating activities6,546 (6,090)(7,710)
INVESTING ACTIVITIES   
     Investment in subsidiaries(15,871)(3,713)16,791 
     Net cash from investing activities(15,871)(3,713)16,791 
FINANCING ACTIVITIES   
     Proceeds from stock issuance— 240 1,033 
     Subordinated debt issuance (redemption), net of issuance costs29,448 40,000 (12,400)
     Common stock repurchased— (15,657)— 
     Preferred stock redemption(7,334)— (500)
     Common stock options exercised4,930 4,464 2,164 
     Withholding cash issued in lieu of restricted stock(249)— — 
     Issuance of subsidiary membership units500 — — 
     Cash dividends paid on common stock(6,038)(4,275)(2,290)
     Cash dividends paid on preferred stock(35)(461)(479)
     Net cash from financing activities21,222 24,311 (12,472)
Net change in cash11,897 14,508 (3,391)
Cash at beginning of period15,566 1,058 4,449 
Cash at end of period$27,463 $15,566 $1,058 
Noncash common stock converted from subordinated debt$— $— $1,000