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Parent Company Only Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Parent Company Only Condensed Financial Information [Abstract] |
Condensed Balance Sheets |
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | 2019 |  | 2018
﻿Assets |  |  |  |  |
﻿Cash and cash equivalents | $ | 10,037 |  | $ | 2,675
﻿Investment in banking subsidiary |  | 88,317 |  |  | 62,479
﻿Investment in and advances to other subsidiary |  | 238 |  |  | 233
﻿Other assets |  | 2,045 |  |  | 1,213
﻿Total assets | $ | 100,637 |  | $ | 66,600
﻿ |  |  |  |  |
﻿Liabilities and Equity |  |  |  |  |
﻿Subordinated debentures | $ | 14,806 |  | $ | 14,767
﻿Other borrowings |  | 5,000 |  |  | 6,000
﻿Accrued expenses and other liabilities |  | 167 |  |  | 274
﻿Stockholders' equity |  | 80,664 |  |  | 45,559
﻿Total liabilities and stockholders' equity | $ | 100,637 |  | $ | 66,600
﻿
Condensed Statements Of Operations |
﻿ |  |  |  |  |
﻿ |
﻿ | 2019 |  | 2018
﻿ |  |  |  |  |
﻿Interest income | $ | - |  | $ | -
﻿Other income |  | 70 |  |  | 95
﻿Interest expense |  | 1,353 |  |  | 604
﻿Other expense |  | 758 |  |  | 877
﻿Loss before income tax and before undistributed subsidiary income |  | (2,041) |  |  | (1,386)
﻿Tax effect |  | 427 |  |  | 290
﻿Loss after income tax and before undistributed subsidiary income |  | (1,614) |  |  | (1,096)
﻿Equity in undistributed subsidiary income |  | 11,215 |  |  | 5,369
﻿Net income | $ | 9,601 |  | $ | 4,273
﻿Comprehensive income | $ | 9,702 |  | $ | 4,247
﻿
Condensed Statements Of Cash Flows |
﻿ |  |  |  |  |
﻿ | 2019 |  | 2018
﻿Cash flows from operating activities |  |  |  |  |
﻿Net Income | $ | 9,601 |  | $ | 4,273
﻿Adjustments: |  |  |  |  |
﻿Effect of subsidiaries' operations |  | (11,215) |  |  | (5,369)
﻿Amortization, net |  | 39 |  |  | -
﻿Change in other assets and other liabilities |  | (939) |  |  | 95
﻿Net cash used by operating activities |  | (2,514) |  |  | (1,001)
﻿ |  |  |  |  |
﻿Cash flows from investing activities |  |  |  |  |
﻿ Investments in banking subsidiary |  | (14,000) |  |  | (13,133)
﻿Net cash used by investing activities |  | (14,000) |  |  | (13,133)
﻿ |  |  |  |  |
﻿Cash flows from financing activities |  |  |  |  |
﻿Proceeds from other borrowings |  | 4,000 |  |  | 8,000
﻿Repayments of other borrowings |  | (5,000) |  |  | (2,000)
﻿Net proceeds from issuance of subordinated debentures |  | - |  |  | 9,612
﻿Net proceeds from the issuance of preferred stock private placement |  | 14,000 |  |  | -
﻿Net proceeds from the issuance of common stock private placement |  | 9,641 |  |  | -
﻿Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes |  | (23) |  |  | (42)
﻿Exercise of warrants to common stock |  | 1,258 |  |  | 716
﻿Net cash from financing activities |  | 23,876 |  |  | 16,286
﻿Net change in cash and cash equivalents |  | 7,362 |  |  | 2,152
﻿Beginning cash and cash equivalents |  | 2,675 |  |  | 523
﻿Ending cash and cash equivalents | $ | 10,037 |  | $ | 2,675
﻿

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