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Parent Company Only Financial Information (Tables)
12 Months Ended
Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Interim Condensed Balance Sheets Condensed Balance Sheets
December 31
20212020
ASSETS
Cash on deposit at the Bank$11,535 $2,670 
Investments in subsidiaries178,395 166,096 
Premises and equipment1,482 1,529 
Other assets48,923 48,352 
TOTAL ASSETS$240,335 $218,647 
LIABILITIES AND SHAREHOLDERS’ EQUITY
Subordinated debt, net of unamortized issuance costs
$29,158 $— 
Other liabilities129 59 
Shareholders' equity211,048 218,588 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$240,335 $218,647 
Interim Condensed Statements of Income Condensed Statements of Income
Year Ended December 31
202120202019
Income
Dividends from subsidiaries$3,600 $9,300 $7,800 
Interest income12 
Net income (loss) on CSS joint venture— 577 (3,108)
Other income17 — — 
Total income3,629 9,878 4,699 
Expenses
Interest expense615 — 
Occupancy and equipment67 61 59 
Audit, consulting, and legal fees590 573 477 
Director fees352 356 368 
Other1,145 1,167 1,165 
Total expenses2,769 2,162 2,069 
Income before income tax benefit and equity in undistributed earnings of subsidiaries860 7,716 2,630 
Federal income tax benefit500 216 984 
Income before equity in undistributed earnings of subsidiaries1,360 7,932 3,614 
Undistributed earnings of subsidiaries18,139 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
202120202019
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 Plan433 413 523 
Share-based payment awards under the RSP86 14 — 
Amortization of subordinated debt issuance costs52 — — 
Depreciation50 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 liabilities70 40 69 
Net cash provided by (used in) operating activities1,480 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 stock1,593 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 activities7,387 (8,633)(8,540)
Increase (decrease) in cash and cash equivalents8,865 1,310 (1,139)
Cash and cash equivalents at beginning of period2,670 1,360 2,499 
Cash and cash equivalents at end of period$11,535 $2,670 $1,360