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Condensed Financial Statements of Parent Company (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheets | Condensed Balance Sheets
|  | December 31,
(Dollars in thousands) |  | 2024 |  | 2023
Assets |  |  |  |
Cash |  | $ | 12,528 |  |  | $ | 8,590 |
Investment in subsidiaries |  | 320,417 |  |  | 319,504 |
Debt and equity securities |  | 1,400 |  |  | 2,400 |
Equity method investments |  | 54,770 |  |  | 54,199 |
Other assets |  | 18,982 |  |  | 14,835 |
Total assets |  | $ | 408,097 |  |  | $ | 399,528 |
Liabilities and stockholders’ equity |  |  |  |
Other liabilities |  | $ | 28,631 |  |  | $ | 29,818 |
Subordinated debt |  | 73,787 |  |  | 73,540 |
Senior term loan |  | — |  |  | 6,786 |
Total liabilities |  | 102,418 |  |  | 110,144 |
Total stockholders’ equity |  | 305,679 |  |  | 289,384 |
Total liabilities and stockholders’ equity |  | $ | 408,097 |  |  | $ | 399,528 |
Schedule of Condensed Statements of Income | Condensed Statements of Income
|  | Year ended December 31,
(Dollars in thousands) |  | 2024 |  | 2023 |  | 2022
Income, dividends from the Bank |  | $ | 48,579 |  |  | $ | 23,014 |  |  | $ | 50,985 |
Operating expenses |  | 31,058 |  |  | 27,002 |  |  | 27,774 |
Income (loss), before income taxes |  | 17,521 |  |  | (3,988) |  |  | 23,211 |
Income taxes |  | (4,272) |  |  | (4,050) |  |  | (3,450) |
Net income |  | 21,793 |  |  | 62 |  |  | 26,661 |
Equity in undistributed income earnings (losses) of subsidiaries |  | (1,702) |  |  | 31,170 |  |  | (11,614) |
Net income |  | $ | 20,091 |  |  | $ | 31,232 |  |  | $ | 15,047 |
Schedule of Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
(Dollars in thousands) |  | 2024 |  | 2023 |  | 2022
OPERATING ACTIVITIES |  |  |  |  |  |
Net income |  | $ | 20,091 |  |  | $ | 31,232 |  |  | $ | 15,047 |
Equity in undistributed earnings (losses) of subsidiaries |  | 1,702 |  |  | (31,170) |  |  | 11,614 |
Stock-based compensation |  | 3,330 |  |  | 3,392 |  |  | 3,217 |
Depreciation and amortization |  | 305 |  |  | 305 |  |  | 269 |
Changes in other assets |  | (5,118) |  |  | (11,638) |  |  | (45,406) |
Changes in other liabilities |  | (251) |  |  | (2,887) |  |  | 16,358 |
Net cash from operating activities |  | 20,059 |  |  | (10,766) |  |  | 1,099 |
INVESTING ACTIVITIES |  |  |  |  |  |
Investment in subsidiaries |  | (1,550) |  |  | 150 |  |  | (240) |
Net cash from investing activities |  | (1,550) |  |  | 150 |  |  | (240) |
FINANCING ACTIVITIES |  |  |  |  |  |
Issuance of senior term loan |  | — |  |  | — |  |  | 9,877 |
Common stock options exercised |  | 1,489 |  |  | 637 |  |  | 2,069 |
Withholding cash issued in lieu of restricted stock |  | (443) |  |  | (847) |  |  | (670) |
Principal payments on senior term loan |  | (6,845) |  |  | (3,030) |  |  | (125) |
Stock purchase from noncontrolling interest |  | — |  |  | — |  |  | (33) |
Cash dividends paid on common stock |  | (8,772) |  |  | (8,639) |  |  | (8,355) |
Net cash from financing activities |  | (14,571) |  |  | (11,879) |  |  | 2,763 |
Net change in cash and cash equivalents |  | 3,938 |  |  | (22,495) |  |  | 3,622 |
Cash and cash equivalents, beginning of period |  | 8,590 |  |  | 31,085 |  |  | 27,463 |
Cash and cash equivalents, end of period |  | $ | 12,528 |  |  | $ | 8,590 |  |  | $ | 31,085 |

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