XML 136 R112.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY - Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 13,751 $ 13,059
Depreciation expense 2,174 2,371
Net valuation (loss) gain on equity securities 856 (447)
Net change in:    
Other assets (1,775) 54
Other liabilities 2,711 794
Net cash from operating activities 20,176 13,124
Cash flows from investing activities:    
Equity investment capital distribution 276 132
Net cash from investing activities 113,739 (34,205)
Cash flows from financing activities:    
Amortization of debt issuance costs 224 223
Other borrowings principal reductions (6,083) (5,167)
Repurchase shares of common stock (6,097) (421)
Surrender of restricted shares of common stock (119) (129)
Common stock options exercised 22 28
Cash dividends paid (3,346) (3,040)
Net cash from financing activities (120,881) 22,856
Net decrease in cash and cash equivalents 13,034 1,775
Cash and cash equivalents at beginning of period 37,138 35,363
Cash and cash equivalents at end of period 50,172 37,138
Parent Company    
Cash flows from operating activities:    
Net income 13,751 13,059
Depreciation expense 0 12
Net valuation (loss) gain on equity securities 15 (127)
Adjustments to reconcile net income to net cash provided by operating activities - Equity in undistributed income of subsidiary (17,533) (16,805)
Net change in:    
Other assets 19 (28)
Other liabilities 183 (34)
Net cash from operating activities (3,565) (3,923)
Cash flows from investing activities:    
Purchase of equity investments (450) (750)
Equity investment capital distribution 275 132
Dividend from bank subsidiary 18,750 12,000
Net cash from investing activities 18,575 11,382
Cash flows from financing activities:    
Amortization of debt issuance costs 224 223
Other borrowings principal reductions (6,083) (5,167)
Repurchase shares of common stock (6,097) (420)
Surrender of restricted shares of common stock (119) (129)
Common stock options exercised 22 28
Cash dividends paid (3,346) (3,040)
Net cash from financing activities (15,399) (8,505)
Net decrease in cash and cash equivalents (389) (1,046)
Cash and cash equivalents at beginning of period 18,175 19,221
Cash and cash equivalents at end of period $ 17,786 $ 18,175