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Parent Company Only Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Interim Condensed Balance Sheets | Condensed Balance Sheets
| December 31
| 2021 |  | 2020
ASSETS |  |  |
Cash on deposit at the Bank | $ | 11,535 |  |  | $ | 2,670 |
Investments in subsidiaries | 178,395 |  |  | 166,096 |
Premises and equipment | 1,482 |  |  | 1,529 |
Other assets | 48,923 |  |  | 48,352 |
TOTAL ASSETS | $ | 240,335 |  |  | $ | 218,647 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
Subordinated debt, net of unamortized issuance costs | $ | 29,158 |  |  | $ | — |
Other liabilities | 129 |  |  | 59 |
Shareholders' equity | 211,048 |  |  | 218,588 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 240,335 |  |  | $ | 218,647 |
Interim Condensed Statements of Income | Condensed Statements of Income
| Year Ended December 31
| 2021 |  | 2020 |  | 2019
Income |  |  |  |  |
Dividends from subsidiaries | $ | 3,600 |  |  | $ | 9,300 |  |  | $ | 7,800 |
Interest income | 12 |  |  | 1 |  |  | 7 |
Net income (loss) on CSS joint venture | — |  |  | 577 |  |  | (3,108) |
Other income | 17 |  |  | — |  |  | — |
Total income | 3,629 |  |  | 9,878 |  |  | 4,699 |
Expenses |  |  |  |  |
Interest expense | 615 |  |  | 5 |  |  | — |
Occupancy and equipment | 67 |  |  | 61 |  |  | 59 |
Audit, consulting, and legal fees | 590 |  |  | 573 |  |  | 477 |
Director fees | 352 |  |  | 356 |  |  | 368 |
Other | 1,145 |  |  | 1,167 |  |  | 1,165 |
Total expenses | 2,769 |  |  | 2,162 |  |  | 2,069 |
Income before income tax benefit and equity in undistributed earnings of subsidiaries | 860 |  |  | 7,716 |  |  | 2,630 |
Federal income tax benefit | 500 |  |  | 216 |  |  | 984 |
Income before equity in undistributed earnings of subsidiaries | 1,360 |  |  | 7,932 |  |  | 3,614 |
Undistributed earnings of subsidiaries | 18,139 |  |  | 2,953 |  |  | 9,410 |
Net income | $ | 19,499 |  |  | $ | 10,885 |  |  | $ | 13,024 |
Interim Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
| Year Ended December 31
| 2021 |  | 2020 |  | 2019
Operating activities |  |  |  |  |
Net income | $ | 19,499 |  |  | $ | 10,885 |  |  | $ | 13,024 |
Adjustments to reconcile net income to cash provided by operations |  |  |  |  |
Undistributed earnings of subsidiaries | (18,139) |  |  | (2,953) |  |  | (9,410) |
Undistributed earnings of equity securities without readily determinable fair values | — |  |  | (394) |  |  | 3,320 |
Loss on sale of joint venture investment | — |  |  | 394 |  |  | — |
Share-based payment awards under the Directors Plan | 433 |  |  | 413 |  |  | 523 |
Share-based payment awards under the RSP | 86 |  |  | 14 |  |  | — |
Amortization of subordinated debt issuance costs | 52 |  |  | — |  |  | — |
Depreciation | 50 |  |  | 47 |  |  | 46 |
Deferred income tax expense (benefit) | (267) |  |  | 351 |  |  | 114 |
Changes in operating assets and liabilities which provided (used) cash |  |  |  |  |
Other assets | (304) |  |  | 183 |  |  | (285) |
Other liabilities | 70 |  |  | 40 |  |  | 69 |
Net cash provided by (used in) operating activities | 1,480 |  |  | 8,980 |  |  | 7,401 |
Investing activities |  |  |  |  |
Sale of joint venture investment | — |  |  | 1,000 |  |  | — |
Purchases of premises and equipment | (2) |  |  | (37) |  |  | — |
Net cash provided by (used in) investing activities | (2) |  |  | 963 |  |  | — |
Financing activities |  |  |  |  |
Issuance of subordinated debt, net of unamortized issuance costs | 29,106 |  |  | — |  |  | — |
Cash dividends paid on common stock | (8,367) |  |  | (8,524) |  |  | (8,282) |
Proceeds from the issuance of common stock | 1,593 |  |  | 4,185 |  |  | 4,876 |
Common stock repurchased | (13,758) |  |  | (2,702) |  |  | (4,003) |
Common stock purchased for deferred compensation obligations | (1,187) |  |  | (1,592) |  |  | (1,131) |
Net cash provided by (used in) financing activities | 7,387 |  |  | (8,633) |  |  | (8,540) |
Increase (decrease) in cash and cash equivalents | 8,865 |  |  | 1,310 |  |  | (1,139) |
Cash and cash equivalents at beginning of period | 2,670 |  |  | 1,360 |  |  | 2,499 |
Cash and cash equivalents at end of period | $ | 11,535 |  |  | $ | 2,670 |  |  | $ | 1,360 |

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