XML 128 R114.htm IDEA: XBRL DOCUMENT v3.22.1
Note 27 - Parent Company Only Financial Statements - Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Net income $ 10,359 $ 8,858
Stock-based compensation 354 290
Amortization of debt issuance costs 2 18
(Increase) decrease in other assets 1,714 (828)
Increase in other liabilities (1,043) 2,159
Net cash (used in) provided by operating activities 7,868 15,091
Net cash used in investing activities (126,304) (70,486)
Proceeds from subordinated debt, net of issuance costs 0 4,990
Cash dividends paid on common stock, net of reinvestment 2,505 2,007
Net cash (used in) provided by financing activities 167,145 136,907
(Decrease) increase in cash and cash equivalents 48,709 81,512
Beginning 127,297 45,785
Ending 176,006 127,297
Parent Company [Member]    
Net income 10,359 8,858
Equity in undistributed income of subsidiary 5,537 3,376
Stock-based compensation 354 290
Amortization of debt issuance costs 2 18
(Increase) decrease in other assets 5,020 (3)
Increase in other liabilities 1 4
Net cash (used in) provided by operating activities 159 5,797
Net cash used in investing activities (6,752) 0
Proceeds from subordinated debt, net of issuance costs 0 4,990
Cash dividends paid on common stock, net of reinvestment 2,505 2,007
Repurchase of common stock 39 2,118
Net cash (used in) provided by financing activities (2,544) 865
(Decrease) increase in cash and cash equivalents (9,137) 6,662
Beginning 16,440 9,778
Ending 7,303 16,440
Parent Company [Member] | Fincastle and SmartBank [Member]    
Net cash paid in acquisition of The Bank of Fincastle $ (6,752) $ 0