XML 103 R85.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Parent Company Only Financial Information - Summary of Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 3,088 $ 355
Adjustments to reconcile net income to net cash used in operating activities    
Net cash provided by operating activities 1,371 1,636
Cash flows from investing activities:    
Net cash used in investing activities (110,383) (1,378)
Cash flows from financing activities:    
Purchase of treasury stock 0 (600)
Proceeds from other borrowings 5,000 0
Net cash provided by financing activities 239,148 10,830
Parent    
Cash flows from operating activities:    
Net income 3,088 355
Adjustments to reconcile net income to net cash used in operating activities    
Payments from ESOP loan 209 209
Equity in undistributed earnings of Bank (3,601) (841)
Other (256) (558)
Net cash provided by operating activities (560) (835)
Cash flows from investing activities:    
Cash paid in business combination (40,388)  
Purchase ABB preferred stock (10,848)  
Capital injection into the Bank (5,000)  
Net cash used in investing activities (56,236)  
Cash flows from financing activities:    
Purchase of treasury stock   (600)
Proceeds from other borrowings 5,000  
Dividend from Bank 40,600  
Net cash provided by financing activities 45,600 (600)
Net change in cash and cash equivalents (11,196) (1,435)
Cash and cash equivalents at beginning of period 11,560 12,995
Cash and cash equivalents at end of period $ 364 $ 11,560