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Parent Company Condensed Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Financial Statements | The following is condensed financial information of the parent company as of December 31, 2020 and 2019 and for the years ended December 31, 2020, 2019 and 2018: Schedule of Condensed Financial Statements Condensed Balance Sheets
|  | 2020 |  |  | 2019 |
(Dollars in thousands) |  | As of December 31, |
|  | 2020 |  |  | 2019 |
Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 105 |  |  | $ | 173 |
Investment securities |  |  | 212 |  |  |  | 239 |
Investment in subsidiaries |  |  | 146,896 |  |  |  | 129,049 |
Other |  |  | 1,217 |  |  |  | 929 |
Total assets |  | $ | 148,430 |  |  | $ | 130,390 |
Liabilities and stockholders’ equity: |  |  |  |  |  |  |  |
Subordinated debentures |  | $ | 21,651 |  |  | $ | 21,651 |
Other |  |  | 107 |  |  |  | 132 |
Stockholders’ equity |  |  | 126,672 |  |  |  | 108,607 |
Total liabilities and stockholders’ equity |  | $ | 148,430 |  |  | $ | 130,390 |
Condensed Statements of Earnings
|  | 2020 |  |  | 2019 |  |  | 2018 |
(Dollars in thousands) |  | Years ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Dividends from Bank |  | $ | 6,900 |  |  | $ | 4,500 |  |  | $ | 3,200 |
Interest income |  |  | 21 |  |  |  | 31 |  |  |  | 29 |
Other non-interest income |  |  | 7 |  |  |  | 7 |  |  |  | 7 |
Interest expense |  |  | (614 | ) |  |  | (970 | ) |  |  | (1,078 | )
Other expense, net |  |  | (352 | ) |  |  | (304 | ) |  |  | (325 | )
Earnings before equity in undistributed earnings |  |  | 5,962 |  |  |  | 3,264 |  |  |  | 1,833 |
Increase in undistributed equity of Bank |  |  | 13,087 |  |  |  | 6,801 |  |  |  | 7,567 |
Increase in undistributed equity of Nonbank subsidiary |  |  | 248 |  |  |  | 338 |  |  |  | 740 |
Earnings before income taxes |  |  | 19,297 |  |  |  | 10,403 |  |  |  | 10,140 |
Income tax benefit |  |  | (196 | ) |  |  | (259 | ) |  |  | (286 | )
Net earnings |  |  | 19,493 |  |  |  | 10,662 |  |  |  | 10,426 |
Other comprehensive income (loss) |  |  | 4,208 |  |  |  | 9,230 |  |  |  | (3,579 | )
Total comprehensive income |  | $ | 23,701 |  |  | $ | 19,892 |  |  | $ | 6,847 |
Condensed Statements of Cash Flows
|  | 2020 |  |  | 2019 |  |  | 2018 |
(Dollars in thousands) |  | Years ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 19,493 |  |  | $ | 10,662 |  |  | $ | 10,426 |
Increase in undistributed equity of subsidiaries |  |  | (13,335 | ) |  |  | (7,139 | ) |  |  | (8,307 | )
Amortization of purchase accounting adjustment on subordinated debentures |  |  | - |  |  |  | - |  |  |  | 167 |
Other |  |  | (312 | ) |  |  | 23 |  |  |  | 381 |
Net cash provided by operating activities |  |  | 5,846 |  |  |  | 3,546 |  |  |  | 2,667 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Purchase of investment securities |  |  | (2 | ) |  |  | (1 | ) |  |  | - |
Proceeds from sales of investments |  |  | 28 |  |  |  | - |  |  |  | 7 |
Net cash provided by (used in) investing activities |  |  | 26 |  |  |  | (1 | ) |  |  | 7 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from exercise of stock options |  |  | 42 |  |  |  | 36 |  |  |  | 534 |
Payment of dividends |  |  | (3,633 | ) |  |  | (3,508 | ) |  |  | (3,325 | )
Purchase of treasury stock |  |  | (2,349 | ) |  |  | - |  |  |  | - |
Net cash used in financing activities |  |  | (5,940 | ) |  |  | (3,472 | ) |  |  | (2,791 | )
Net (decrease) increase in cash |  |  | (68 | ) |  |  | 73 |  |  |  | (117 | )
Cash at beginning of year |  |  | 173 |  |  |  | 100 |  |  |  | 217 |
Cash at end of year |  | $ | 105 |  |  | $ | 173 |  |  | $ | 100 |

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- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
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