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CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY (Tables)
 12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Schedule of Condensed Balance Sheets
Condensed Balance Sheets
December 31,December 31,
20242023
Assets
Cash and cash equivalents$17,786 $18,175 
Equity investments1,851 1,691 
Other assets383 402 
Investment in subsidiary221,589 221,267 
Total assets$241,609 $241,535 
Liabilities and Stockholders' Equity
Other borrowings$61,606 $67,465 
Other liabilities919 736 
Total liabilities62,525 68,201 
Total stockholders’ equity179,084 173,334 
Total liabilities and stockholders’ equity$241,609 $241,535 
Schedule of Statements of Operations
Statements of Operations
Year ended December 31,Year ended December 31,
20242023
Interest income$— $— 
Interest expense3,875 4,184 
Net interest expense(3,875)(4,184)
Dividend income from bank subsidiary18,750 12,000 
Non-interest (loss) gain(15)127 
Non-interest expense(898)(762)
Net income before benefit for income taxes and equity in undistributed income of subsidiaries13,962 7,181 
Benefit for income taxes1,006 1,073 
Net earnings before equity in undistributed income of subsidiaries14,968 8,254 
Equity in undistributed income of subsidiaries(1,217)4,805 
Net income$13,751 $13,059 
Schedule of Statements of Cash flows
Statements of Cash Flows
Year ended December 31,Year ended December 31,
20242023
Change in cash and cash equivalents:
Cash flows from operating activities:
Net income$13,751 $13,059 
Depreciation expense— 12 
Net valuation (loss) gain on equity securities15 (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 assets19 (28)
Other liabilities183 (34)
Net cash used in operating activities(3,565)(3,923)
Cash flows from investing activities:
Purchase of equity investments(450)(750)
Equity investment capital distribution275 132 
Dividend from bank subsidiary18,750 12,000 
Net cash provided by (used in) investing activities18,575 11,382 
Cash flows from financing activities:
Amortization of debt issuance costs224 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 exercised22 28 
Cash dividends paid(3,346)(3,040)
Net cash (used in) provided by financing activities(15,399)(8,505)
Net decrease in cash and cash equivalents(389)(1,046)
Cash and cash equivalents at beginning of year18,175 19,221 
Cash and cash equivalents at end of year$17,786 $18,175