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Parent Company Only Financial Information (Interim Condensed Statements of Income) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income        
Interest Expense $ 1,829 $ 3,203 $ 5,845 $ 10,967
Expenses        
Occupancy and equipment 866 889 2,726 2,668
Professional Fees 665 417 1,553 1,348
Noninterest Expense Directors Fees 166 168 505 527
Other 2,854 2,534 8,029 7,846
Federal income tax benefit (916) (734) (2,838) (1,495)
NET INCOME 4,686 4,357 14,705 11,608
Parent Company [Member]        
Income        
Dividends from subsidiaries 800 2,600 2,800 6,200
Interest income 7 0 8 1
Management fee and other 4 181 14 308
Total income 811 2,781 2,822 6,509
Interest Expense 266 3 349 4
Expenses        
Occupancy and equipment 16 15 49 45
Professional Fees 187 119 440 426
Noninterest Expense Directors Fees 87 86 258 269
Other 277 279 852 881
Total expenses 833 502 1,948 1,625
Income before income tax benefit and equity in undistributed earnings of subsidiaries (22) 2,279 874 4,884
Federal income tax benefit 172 67 403 276
Income before equity in undistributed earnings of subsidiaries 150 2,346 1,277 5,160
Income (Loss) from Subsidiaries, Net of Tax 4,536 2,011 13,428 6,448
NET INCOME $ 4,686 $ 4,357 $ 14,705 $ 11,608