Parent Company Financial Information

12 Months Ended

Dec. 31, 2019

Parent Company Financial Information [Abstract]

Parent Company Financial Information

(21) Parent Company Financial Information

This information should be read in conjunction with the other notes to the consolidated financial statements.  The following presents summary balance sheets and summary statements of income and cash flows information for the years ended December 31:

Balance Sheets	2019		2018
Assets
Cash	$	3,544	$	3,155
Investment in wholly-owned subsidiary		129,371		109,306
Total assets	$	132,915	$	112,461
Liabilities and stockholders’ equity
Liabilities		—		—
Stockholders’ equity		132,915		112,461
Total liabilities and stockholders’ equity	$	132,915	$	112,461

Statements of Income	2019			2018			2017
Dividends from subsidiary	$	—		$	—		$	—
Other operating expenses		(247	)		(226	)		(224	)
Income tax benefit		73			66			92
Loss before undistributed earnings of subsidiary		(174	)		(160	)		(132	)
Equity in undistributed earnings of subsidiary		14,895			12,711			8,880
Net income	$	14,721		$	12,551		$	8,748

Statements of Cash Flows	2019			2018			2017
Net income	$	14,721		$	12,551		$	8,748
Adjustments to reconcile net income to net cash provided by operating activities
Stock plan accruals		475			424			378
Equity in undistributed earnings of subsidiary		(14,895	)		(12,711	)		(8,880	)
Net cash provided by operating activities		301			264			246
Cash flows from financing activities:
Common stock issued		96			91			78
Cash in lieu of fractional shares		(8	)		(10	)		(10	)
Net cash provided by financing activities		88			81			68
Net change in cash		389			345			314
Cash at beginning of year		3,155			2,810			2,496
Cash at end of year	$	3,544		$	3,155		$	2,810