XML 39 R25.htm IDEA: XBRL DOCUMENT
v3.21.1

Restrictions On Dividends, Loans, and Advances | 12 Months Ended
--- | ---
Dec. 31, 2020
Disclosure Of Restrictions On Dividends Loans And Advances Disclosure [Abstract] |
Restrictions On Dividends, Loans and Advances | NOTE 16. Restrictions On Dividends, Loans and Advances Federal and state banking regulations place certain restrictions on dividends paid and loans or advances made by the Bank to the Company. The total amount of dividends which may be paid at any date is generally limited to the lesser of the Bank’s retained earnings or the three preceding years’ undistributed net income of the Bank. Loans or advances are limited to 10% of the Bank’s capital stock and surplus on a secured basis. Capital stock and surplus is defined as tier 1 and tier 2 capital under the risk-based capital guidelines. In addition, dividends paid by the Bank to the Company would be prohibited if the effect thereof would cause the Bank’s capital to be reduced below applicable minimum capital requirements. At December 31, 2020, the Bank’s retained earnings available for the payment of dividends to the Company was $17.7 million. Accordingly, $83.4 million of the Company’s equity in the net assets of the Bank was restricted at December 31, 2020. Funds available for loans or advances by the Bank to the Company amounted to $10.5 million at December 31, 2020.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfRestrictionsOnDividendsLoansAndAdvancesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for a banking or savings institution's compliance during the year with (a) federal and state laws and regulations relative to dividend restrictions and (b) federal laws and regulations relative to insider loans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_RestrictionsOnDividendsLoansAndAdvancesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration