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Parent Company Only Financial Information (Tables) | 9 Months Ended
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Sep. 30, 2020
Condensed Financial Information Disclosure [Abstract] |
Interim Condensed Balance Sheets | Interim Condensed Balance Sheets
| September 30 2020 |  | December 31 2019
ASSETS |  |  |
Cash on deposit at the Bank | $ | 627 |  |  | $ | 1,360 |
Investments in subsidiaries | 170,268 |  |  | 157,415 |
Premises and equipment | 1,505 |  |  | 1,539 |
Other assets | 50,184 |  |  | 49,887 |
TOTAL ASSETS | $ | 222,584 |  |  | $ | 210,201 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
Other liabilities | $ | 39 |  |  | $ | 19 |
Shareholders' equity | 222,545 |  |  | 210,182 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 222,584 |  |  | $ | 210,201 |
Interim Condensed Statements of Income | Interim Condensed Statements of Income
| Three Months Ended September 30 |  | Nine Months Ended September 30
| 2020 |  | 2019 |  | 2020 |  | 2019
Income |  |  |  |  |  |  |
Dividends from subsidiaries | $ | 2,600 |  |  | $ | 2,400 |  |  | $ | 6,200 |  |  | $ | 5,500 |
Interest income | — |  |  | 1 |  |  | 1 |  |  | 5 |
Other income (loss) | 181 |  |  | 181 |  |  | 308 |  |  | 394 |
Total income | 2,781 |  |  | 2,582 |  |  | 6,509 |  |  | 5,899 |
Expenses |  |  |  |  |  |  |
Occupancy and equipment | 15 |  |  | 15 |  |  | 45 |  |  | 44 |
Audit, consulting, and legal fees | 119 |  |  | 110 |  |  | 426 |  |  | 355 |
Director fees | 86 |  |  | 90 |  |  | 269 |  |  | 277 |
Other | 282 |  |  | 254 |  |  | 885 |  |  | 872 |
Total expenses | 502 |  |  | 469 |  |  | 1,625 |  |  | 1,548 |
Income before income tax benefit and equity in undistributed earnings of subsidiaries | 2,279 |  |  | 2,113 |  |  | 4,884 |  |  | 4,351 |
Federal income tax benefit | 67 |  |  | 60 |  |  | 276 |  |  | 239 |
Income before equity in undistributed earnings of subsidiaries | 2,346 |  |  | 2,173 |  |  | 5,160 |  |  | 4,590 |
Undistributed earnings of subsidiaries | 2,011 |  |  | 2,269 |  |  | 6,448 |  |  | 7,536 |
Net income | $ | 4,357 |  |  | $ | 4,442 |  |  | $ | 11,608 |  |  | $ | 12,126 |
Interim Condensed Statements of Cash Flows | Interim Condensed Statements of Cash Flows
| Nine Months Ended September 30
| 2020 |  | 2019
Operating activities |  |  |
Net income | $ | 11,608 |  |  | $ | 12,126 |
Adjustments to reconcile net income to cash provided by operations |  |  |
Undistributed earnings of subsidiaries | (6,448) |  |  | (7,536) |
Undistributed earnings of equity securities without readily determinable fair values | (61) |  |  | (182) |
Share-based payment awards under equity compensation plan | 334 |  |  | 415 |
Depreciation | 34 |  |  | 34 |
Changes in operating assets and liabilities which provided (used) cash |  |  |
Other assets | (236) |  |  | (35) |
Other liabilities | 19 |  |  | 641 |
Net cash provided by (used in) operating activities | 5,250 |  |  | 5,463 |
Investing activities - none |  |  |
Financing activities |  |  |
Cash dividends paid on common stock | (6,386) |  |  | (6,149) |
Proceeds from the issuance of common stock | 3,274 |  |  | 3,672 |
Common stock repurchased | (1,619) |  |  | (2,140) |
Common stock purchased for deferred compensation obligations | (1,252) |  |  | (898) |
Net cash provided by (used in) financing activities | (5,983) |  |  | (5,515) |
Increase (decrease) in cash and cash equivalents | (733) |  |  | (52) |
Cash and cash equivalents at beginning of period | 1,360 |  |  | 2,499 |
Cash and cash equivalents at end of period | $ | 627 |  |  | $ | 2,447 |

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