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Parent Company Condensed Financial Statements | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | Note 19. Parent Company Condensed Financial Statements TECTONIC FINANCIAL, INC. CONDENSED BALANCE SHEETS
(In thousands) |  | December 31, 2021 |  |  | December 31, 2020 |
ASSETS |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 3,464 |  |  | $ | 221 |
Securities, not readily marketable |  |  | 100 |  |  |  | 100 |
Investment in subsidiaries |  |  | 81,907 |  |  |  | 57,646 |
Other assets |  |  | 268 |  |  |  | 2,175 |
Total assets |  | $ | 85,739 |  |  | $ | 60,142 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Other liabilities |  | $ | 552 |  |  | $ | 129 |
Shareholders’ equity |  |  | 85,187 |  |  |  | 60,013 |
Total liabilities and shareholders’ equity |  | $ | 85,739 |  |  | $ | 60,142 |
TECTONIC FINANCIAL, INC. CONDENSED STATEMENTS OF INCOME YEARS ENDED DECEMBER 31,
(In thousands) |  | 2021 |  |  | 2020 |
Income from subsidiaries |  | $ | 18,158 |  |  | $ | 11,710 |
Other income |  |  | 736 |  |  |  | 527 |
Total income |  |  | 18,894 |  |  |  | 12,237 |
Non-interest expense: |  |  |  |  |  |  |  |
Salaries and employee benefits |  |  | 946 |  |  |  | 682 |
Professional and administrative |  |  | 297 |  |  |  | 267 |
Other |  |  | 826 |  |  |  | 527 |
Total non-interest expense |  |  | 2,069 |  |  |  | 1,476 |
Income before income taxes |  |  | 16,825 |  |  |  | 10,761 |
Income tax benefit |  |  | 209 |  |  |  | 164 |
Net Income |  | $ | 17,034 |  |  | $ | 10,925 |
TECTONIC FINANCIAL, INC. CONDENSED STATEMENTS OF COMPREHENSIVE INCOME YEARS ENDED DECEMBER 31,
(In thousands) |  | 2021 |  |  | 2020 |
Net Income |  | $ | 17,034 |  |  | $ | 10,925 |
Other comprehensive (loss) income: |  |  |  |  |  |  |  |
Change in unrealized (loss) gain on investment securities available for sale |  |  | (502 | ) |  |  | 19 |
Tax effect |  |  | (106 | ) |  |  | 5 |
Other comprehensive (loss) income |  |  | (396 | ) |  |  | 14 |
Comprehensive income |  | $ | 16,638 |  |  | $ | 10,939 |
TECTONIC FINANCIAL, INC. CONDENSED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31,
(In thousands) |  | 2021 |  |  | 2020 |
Cash Flows from Operating Activities |  |  |  |  |  |  |  |
Net income |  | $ | 17,034 |  |  | $ | 10,925 |
Adjustments to reconcile net income to net cash used in operating activities: |  |  |  |  |  |  |  |
Equity in income of subsidiaries |  |  | (18,158 | ) |  |  | (11,710 | )
Stock based compensation |  |  | 330 |  |  |  | 151 |
Net change in other assets |  |  | 1,907 |  |  |  | (1,703 | )
Net change in other liabilities |  |  | 422 |  |  |  | - |
Net cash provided by (used in) operating activities |  |  | 1,535 |  |  |  | (2,337 | )
Cash Flows from Investing Activities |  |  |  |  |  |  |  |
Contributions to subsidiaries |  |  | (9,310 | ) |  |  | - |
Distributions from subsidiaries |  |  | 13,461 |  |  |  | 2,571 |
Net cash provided by investing activities |  |  | 4,151 |  |  |  | 2,571 |
Cash Flows from Financing Activities |  |  |  |  |  |  |  |
Proceeds from issuance of common shares |  |  | 400 |  |  |  | - |
Dividends paid on Series B Preferred Shares |  |  | (1,552 | ) |  |  | (1,552 | )
Dividends on common shares |  |  | (1,291 | ) |  |  | - |
Net cash used in financing activities |  |  | (2,443 | ) |  |  | (1,552 | )
Net change in cash and cash equivalents |  |  | 3,243 |  |  |  | (1,318 | )
Cash and cash equivalents at beginning of period |  |  | 221 |  |  |  | 1,539 |
Cash and cash equivalents at end of period |  | $ | 3,464 |  |  | $ | 221 |
Supplemental disclosures of cash flow information |  |  |  |  |  |  |  |
Cash paid during the year for: |  |  |  |  |  |  |  |
Income taxes |  | $ | 5,427 |  |  | $ | 700 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI http://asc.fasb.org/extlink&oid=120391182&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123454820&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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