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Parent Company Only Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Interim Condensed Balance Sheets | Condensed Balance Sheets
| December 31
| 2020 |  | 2019
ASSETS |  |  |
Cash on deposit at the Bank | $ | 2,670 |  |  | $ | 1,360 |
Investments in subsidiaries | 166,096 |  |  | 157,415 |
Premises and equipment | 1,529 |  |  | 1,539 |
Other assets | 48,352 |  |  | 49,887 |
TOTAL ASSETS | $ | 218,647 |  |  | $ | 210,201 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
Other liabilities | $ | 59 |  |  | $ | 19 |
Shareholders' equity | 218,588 |  |  | 210,182 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 218,647 |  |  | $ | 210,201 |
Interim Condensed Statements of Income | Condensed Statements of Income
| Year Ended December 31
| 2020 |  | 2019 |  | 2018
Income |  |  |  |  |
Dividends from subsidiaries | $ | 9,300 |  |  | $ | 7,800 |  |  | $ | 13,100 |
Interest income | 1 |  |  | 7 |  |  | 1 |
Net income (loss) on CSS joint venture | 577 |  |  | (3,108) |  |  | 274 |
Other income (loss) | — |  |  | — |  |  | 2,756 |
Total income | 9,878 |  |  | 4,699 |  |  | 16,131 |
Expenses |  |  |  |  |
Compensation and benefits | — |  |  | — |  |  | 4,132 |
Occupancy and equipment | 61 |  |  | 59 |  |  | 513 |
Audit, consulting, and legal fees | 573 |  |  | 477 |  |  | 774 |
Director fees | 356 |  |  | 368 |  |  | 413 |
Other | 1,172 |  |  | 1,165 |  |  | 796 |
Total expenses | 2,162 |  |  | 2,069 |  |  | 6,628 |
Income before income tax benefit and equity in undistributed earnings of subsidiaries | 7,716 |  |  | 2,630 |  |  | 9,503 |
Federal income tax benefit | 216 |  |  | 984 |  |  | 749 |
Income before equity in undistributed earnings of subsidiaries | 7,932 |  |  | 3,614 |  |  | 10,252 |
Undistributed earnings of subsidiaries | 2,953 |  |  | 9,410 |  |  | 3,769 |
Net income | $ | 10,885 |  |  | $ | 13,024 |  |  | $ | 14,021 |
Interim Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
| Year Ended December 31
| 2020 |  | 2019 |  | 2018
Operating activities |  |  |  |  |
Net income | $ | 10,885 |  |  | $ | 13,024 |  |  | $ | 14,021 |
Adjustments to reconcile net income to cash provided by operations |  |  |  |  |
Undistributed earnings of subsidiaries | (2,953) |  |  | (9,410) |  |  | (3,769) |
Undistributed earnings of equity securities without readily determinable fair values | (394) |  |  | 3,320 |  |  | (144) |
Loss on sale of joint venture investment | 394 |  |  | — |  |  | — |
Share-based payment awards under the Directors Plan | 413 |  |  | 523 |  |  | 612 |
Share-based payment awards under the RSP | 14 |  |  | — |  |  | — |
Depreciation | 47 |  |  | 46 |  |  | 134 |
Deferred income tax expense (benefit) | 351 |  |  | 114 |  |  | (31) |
Changes in operating assets and liabilities which provided (used) cash |  |  |  |  |
Other assets | 183 |  |  | (285) |  |  | 1,237 |
Other liabilities | 40 |  |  | 69 |  |  | (937) |
Net cash provided by (used in) operating activities | 8,980 |  |  | 7,401 |  |  | 11,123 |
Investing activities |  |  |  |  |
Sale of joint venture investment | 1,000 |  |  | — |  |  | — |
Purchases of premises and equipment | (37) |  |  | — |  |  | (96) |
Net cash provided by (used in) investing activities | 963 |  |  | — |  |  | (96) |
Financing activities |  |  |  |  |
Cash dividends paid on common stock | (8,524) |  |  | (8,282) |  |  | (8,169) |
Proceeds from the issuance of common stock | 4,185 |  |  | 4,876 |  |  | 6,864 |
Common stock repurchased | (2,702) |  |  | (4,003) |  |  | (7,007) |
Common stock purchased for deferred compensation obligations | (1,592) |  |  | (1,131) |  |  | (401) |
Net cash provided by (used in) financing activities | (8,633) |  |  | (8,540) |  |  | (8,713) |
Increase (decrease) in cash and cash equivalents | 1,310 |  |  | (1,139) |  |  | 2,314 |
Cash and cash equivalents at beginning of period | 1,360 |  |  | 2,499 |  |  | 185 |
Cash and cash equivalents at end of period | $ | 2,670 |  |  | $ | 1,360 |  |  | $ | 2,499 |

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