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Parent Company Only Financial Information
12 Months Ended
Dec. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Parent Company Only Financial Information Parent Company Only Financial Information
Condensed Balance Sheets
December 31
20252024
Assets
Cash on deposit at the Bank$31,119 $34,498 
Investments in subsidiaries179,352 156,486 
Premises and equipment1,084 1,140 
Other assets49,732 47,663 
Total assets$261,287 $239,787 
Liabilities and Shareholders’ Equity
Subordinated debt, net of unamortized issuance costs
$29,514 $29,424 
Other liabilities377 87 
Shareholders’ equity231,396 210,276 
Total liabilities and shareholders’ equity$261,287 $239,787 
Condensed Statements of Income
Year Ended December 31
202520242023
Income
Dividends from subsidiaries$12,000 $22,000 $30,000 
Interest income503 511 191 
Other income10 11 13 
Total income12,513 22,522 30,204 
Expenses
Management fee1,180 1,188 952 
Interest expense1,065 1,065 1,065 
Audit, consulting, and legal fees868 561 577 
Director fees293 357 408 
Other416 362 354 
Total expenses3,822 3,533 3,356 
Income before income tax benefit and equity in undistributed earnings of subsidiaries8,691 18,989 26,848 
Federal income tax benefit685 626 654 
Income before equity in undistributed earnings of subsidiaries9,376 19,615 27,502 
Undistributed earnings of subsidiaries9,534 (5,726)(9,335)
Net income$18,910 $13,889 $18,167 
Condensed Statements of Cash Flows
Year Ended December 31
202520242023
Operating activities
Net income$18,910 $13,889 $18,167 
Adjustments to reconcile net income to cash provided by operations
Undistributed earnings of subsidiaries(9,534)5,726 9,335 
Share-based payment awards341 476 782 
Amortization of subordinated debt issuance costs90 89 90 
Depreciation56 56 52 
Deferred income tax expense (benefit)(62)313 228 
Net changes in:
Other assets(2,007)(27)(255)
Other liabilities290 (2)(199)
Net cash provided by (used in) operating activities8,084 20,520 28,200 
Investing activities
Net (purchases) sales of premises and equipment— — (77)
Net cash provided by (used in) investing activities— — (77)
Financing activities
Cash dividends paid on common stock(8,085)(8,147)(8,216)
Proceeds from the issuance of common stock1,331 1,523 1,617 
Common stock repurchased(4,709)(3,076)(3,415)
Common stock purchased for deferred compensation obligations— (1,332)(1,624)
Net cash provided by (used in) financing activities(11,463)(11,032)(11,638)
Increase (decrease) in cash and cash equivalents(3,379)9,488 16,485 
Cash and cash equivalents at beginning of period34,498 25,010 8,525 
Cash and cash equivalents at end of period$31,119 $34,498 $25,010