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Parent Company Only Financial Information (Interim Condensed Statements of Income) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income        
Interest Expense $ 1,927 $ 3,565 $ 4,016 $ 7,764
Expenses        
Occupancy and equipment 915 912 1,860 1,779
Professional Fees 452 498 888 931
Noninterest Expense Directors Fees 180 177 339 359
Other 2,553 2,564 5,175 5,312
Federal income tax benefit (881) (558) (1,922) (761)
NET INCOME 4,621 4,187 10,019 7,251
Parent Company [Member]        
Income        
Dividends from subsidiaries 700 1,850 2,000 3,600
Interest income 1 0 1 1
Management fee and other 4 126 10 127
Total income 705 1,976 2,011 3,728
Interest Expense 83 0 83 0
Expenses        
Occupancy and equipment 17 15 33 30
Professional Fees 135 175 253 307
Noninterest Expense Directors Fees 86 89 171 183
Other 311 310 575 603
Total expenses 632 589 1,115 1,123
Income before income tax benefit and equity in undistributed earnings of subsidiaries 73 1,387 896 2,605
Federal income tax benefit 131 97 231 209
Income before equity in undistributed earnings of subsidiaries 204 1,484 1,127 2,814
Income (Loss) from Subsidiaries, Net of Tax 4,417 2,703 8,892 4,437
NET INCOME $ 4,621 $ 4,187 $ 10,019 $ 7,251