XML 55 R42.htm IDEA: XBRL DOCUMENT v3.25.1

Note 16 - Company Only Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Condensed Balance Sheet [Table Text Block]

		December 31,
		2024				2023
Assets
Cash in subsidiary		$	6,551			$	7,273
Due from other financial institutions			7,000				7,000
Investment in subsidiary			159,810				158,748
Deferred tax asset			736				624
Other assets			1,614				1,542
		$	175,711			$	175,187
Liabilities and Stockholders' Equity
Subordinated notes, net of unamortized issuance costs		$	18,736			$	19,678
Accrued expenses and other liabilities			598				126
Total stockholders’ equity			156,377				155,383
		$	175,711			$	175,187

Condensed Income Statement [Table Text Block]

		For the years ended December 31,
		2024				2023
Dividends from subsidiary		$	7,000			$	14,700
Interest expense			778				794
Other income			107				—
Other expense			1,946				1,689
Income before income tax and undistributed subsidiary excess distributions			4,383				12,217
Income tax benefit			(691	)			(642	)
Income before equity in undistributed subsidiary excess distributions			5,074				12,859
Equity in undistributed subsidiary (excess distributions)			(1,001	)			(3,466	)
Net income		$	4,073			$	9,393

Condensed Cash Flow Statement [Table Text Block]

		For the years ended December 31,
		2024				2023
Cash flows from operating activities
Net income		$	4,073			$	9,393
Adjustments:
Amortization			58				44
Equity in undistributed subsidiary excess distributions			1,001				3,466
Gain on redemption of Subordinated notes			(107	)			—
Change in other assets			(184	)			297
Change in accrued expenses and other liabilities			485				10
Net cash from operating activities			5,326				13,210
Cash flows used in financing activities
Repurchase and retirement of common stock			(156	)			(2,393	)
Proceeds from repurchase of Subordinated notes			(906	)			—
Cash dividends paid on common stock			(4,986	)			(5,056	)
Net cash used in financing activities			(6,048	)			(7,449	)
Net change in cash in subsidiary			(722	)			5,761
Beginning cash in subsidiary			14,273				8,512
Ending cash in subsidiary		$	13,551			$	14,273

X

- Definition

Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

+ Details

Name:	srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix:	srt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

+ Details

Name:	srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix:	srt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

+ Details

Name:	srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix:	srt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration