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Parent Company Only Financial Information (Interim Condensed Statements of Income) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Expenses    
Interest Expense $ 3,244 $ 1,283
Occupancy and equipment 1,005 966
Professional Fees 535 549
Noninterest Expense Directors Fees 204 201
Other 3,007 2,830
Federal income tax benefit (1,084) (935)
NET INCOME 5,321 4,734
Parent Company [Member]    
Income    
Dividends from subsidiaries 5,000 800
Interest income 22 3
Management fee and other 3 4
Total income 5,025 807
Expenses    
Interest Expense 266 266
Management Fee Expense 238 225
Professional Fees 119 120
Noninterest Expense Directors Fees 111 106
Other 91 72
Total expenses 825 789
Income before income tax benefit and equity in undistributed earnings of subsidiaries 4,200 18
Federal income tax benefit 168 163
Income before equity in undistributed earnings of subsidiaries 4,368 181
Income (Loss) from Subsidiaries, Net of Tax 953 4,553
NET INCOME $ 5,321 $ 4,734