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Parent Company Only Condensed Financial Information (Tables)
 12 Months Ended
Dec. 31, 2024
Parent Company Only Condensed Financial Information [Abstract]  
Condensed Statements of Condition
CONDENSED STATEMENTS OF CONDITION

   
Years ended December 31:
  
Assets
  
2024
    
2023
  
Cash and cash equivalents
  
$
2,741
    
$
6,248
  
Investment in subsidiaries
    
156,348
      
148,597
  
Notes receivable – subsidiaries
    
2,251
      
2,683
  
Other assets
    
270
      
293
  
Total assets
  
$
161,610
    
$
157,821
  
                 
Liabilities
                
Notes payable
  
$
2,501
    
$
2,394
  
Subordinated debentures
    
8,500
      
8,500
  
Other liabilities
    
281
      
2,920
  
Total liabilities
    
11,282
      
13,814
  
                 
Shareholders’ Equity
                
Total shareholders’ equity
    
150,328
      
144,007
  
Total liabilities and shareholders’ equity
  
$
161,610
    
$
157,821
  
Condensed Statements of Income
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

   
Years ended December 31:
  
Income:
  
2024
    
2023
  
Interest on notes
  
$
108
    
$
91
  
Dividends from subsidiaries
    
5,000
      
5,020
  
                 
Expenses:
                
Interest on notes
    
115
      
91
  
Interest on subordinated debentures
    
618
      
598
  
Operating expenses
    
390
      
369
  
Income before income taxes and equity in undistributed earnings of subsidiaries
    
3,985
      
4,053
  
Income tax benefit
    
207
      
196
  
Equity in undistributed earnings of subsidiaries
    
6,807
      
8,382
  
Net Income
  
$
10,999
    
$
12,631
  
Other comprehensive income (loss), net of tax
     944       3,385  
Comprehensive Income
  
$
11,943
    
$
16,016
  
Condensed Statements of Cash Flows
CONDENSED STATEMENTS OF CASH FLOWS

   
Years ended December 31:
  
Cash flows from operating activities:
  
2024
    
2023
  
Net Income
 
$
10,999
    
$
12,631
  
Adjustments to reconcile net income to net cash provided by operating activities:
                
Equity in undistributed earnings of subsidiaries
   
(6,807
)
    
(8,382
)
Common stock issued to ESOP
    500       124  
Change in other assets
   
23
      
(34
)
Change in other liabilities
   
(2,639
)
    
101
  
Net cash provided by operating activities
   
2,076
      
4,440
  
                 
Cash flows from investing activities:
                
Proceeds from closing of OVBC Captive
     —
       2,364
  
Change in notes receivable
    
432
      
(318
)
Net cash provided by (used in) investing activities
    
432
      
2,046
  
                 
Cash flows from financing activities:
                
Change in notes payable
   
107
      
18
  
Purchases of treasury stock
     (1,945 )     (82 )
Cash dividends paid
   
(4,177
)
    
(4,871
)
Net cash used in financing activities
   
(6,015
)
    
(4,935
)
                 
Cash and cash equivalents:
                
Change in cash and cash equivalents
   
(3,507
)
    
1,551
  
Cash and cash equivalents at beginning of year
   
6,248
      
4,697
  
Cash and cash equivalents at end of year
 
$
2,741
    
$
6,248