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Parent Company Only Financial Information (Tables) | 9 Months Ended
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Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract] |
Interim Condensed Balance Sheets | Interim Condensed Balance Sheets
| September 30 2019 |  | December 31 2018
ASSETS |  |  |
Cash on deposit at the Bank | $ | 2,447 |  |  | $ | 2,499 |
Investments in subsidiaries | 156,850 |  |  | 143,942 |
Premises and equipment | 1,551 |  |  | 1,912 |
Other assets | 52,119 |  |  | 51,674 |
TOTAL ASSETS | $ | 212,967 |  |  | $ | 200,027 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
Other liabilities | $ | 591 |  |  | $ | 4,508 |
Shareholders' equity | 212,376 |  |  | 195,519 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 212,967 |  |  | $ | 200,027 |
Interim Condensed Statements of Income | Interim Condensed Statements of Income
| Three Months Ended September 30 |  | Nine Months Ended September 30
| 2019 |  | 2018 |  | 2019 |  | 2018
Income |  |  |  |  |  |  |
Dividends from subsidiaries | $ | 2,400 |  |  | $ | 4,900 |  |  | $ | 5,500 |  |  | $ | 10,900 |
Interest income | 1 |  |  | 1 |  |  | 5 |  |  | 1 |
Other income | 181 |  |  | 812 |  |  | 394 |  |  | 2,342 |
Total income | 2,582 |  |  | 5,713 |  |  | 5,899 |  |  | 13,243 |
Expenses |  |  |  |  |  |  |
Compensation and benefits | — |  |  | 1,068 |  |  | — |  |  | 3,227 |
Occupancy and equipment | 15 |  |  | 129 |  |  | 44 |  |  | 378 |
Audit, consulting, and legal fees | 110 |  |  | 154 |  |  | 355 |  |  | 586 |
Director fees | 90 |  |  | 106 |  |  | 277 |  |  | 313 |
Other | 254 |  |  | 142 |  |  | 872 |  |  | 450 |
Total expenses | 469 |  |  | 1,599 |  |  | 1,548 |  |  | 4,954 |
Income before income tax benefit and equity in undistributed earnings of subsidiaries | 2,113 |  |  | 4,114 |  |  | 4,351 |  |  | 8,289 |
Federal income tax benefit | 60 |  |  | 165 |  |  | 239 |  |  | 545 |
Income before equity in undistributed earnings of subsidiaries | 2,173 |  |  | 4,279 |  |  | 4,590 |  |  | 8,834 |
Undistributed earnings of subsidiaries | 2,269 |  |  | (583 | ) |  | 7,536 |  |  | 1,657 |
Net income | $ | 4,442 |  |  | $ | 3,696 |  |  | $ | 12,126 |  |  | $ | 10,491 |
Interim Condensed Statements of Cash Flows | Interim Condensed Statements of Cash Flows
| Nine Months Ended September 30
| 2019 |  | 2018
Operating activities |  |  |
Net income | $ | 12,126 |  |  | $ | 10,491 |
Adjustments to reconcile net income to cash provided by operations |  |  |
Undistributed earnings of subsidiaries | (7,536 | ) |  | (1,657 | )
Undistributed earnings of equity securities without readily determinable fair values | (182 | ) |  | (143 | )
Share-based payment awards under equity compensation plan | 415 |  |  | 449 |
Depreciation | 34 |  |  | 98 |
Changes in operating assets and liabilities which provided (used) cash |  |  |
Other assets | (35 | ) |  | 1,080 |
Other liabilities | 641 |  |  | (597 | )
Net cash provided by (used in) operating activities | 5,463 |  |  | 9,721 |
Investing activities |  |  |
Sales (purchases) of premises and equipment | — |  |  | (79 | )
Net cash provided by (used in) investing activities | — |  |  | (79 | )
Financing activities |  |  |
Cash dividends paid on common stock | (6,149 | ) |  | (6,126 | )
Proceeds from the issuance of common stock | 3,672 |  |  | 5,093 |
Common stock repurchased | (2,140 | ) |  | (6,212 | )
Common stock purchased for deferred compensation obligations | (898 | ) |  | (290 | )
Net cash provided by (used in) financing activities | (5,515 | ) |  | (7,535 | )
Increase (decrease) in cash and cash equivalents | (52 | ) |  | 2,107 |
Cash and cash equivalents at beginning of period | 2,499 |  |  | 185 |
Cash and cash equivalents at end of period | $ | 2,447 |  |  | $ | 2,292 |

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