Parent Company Financial Information

12 Months Ended

Dec. 31, 2020

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	2020		2019
Assets
Cash	$	4,049	$	3,544
Investment in wholly-owned subsidiary		146,608		129,371
Total assets	$	150,657	$	132,915
Liabilities and stockholders’ equity
Liabilities		—		—
Stockholders’ equity		150,657		132,915
Total liabilities and stockholders’ equity	$	150,657	$	132,915

Statements of Income	2020			2019			2018
Dividends from subsidiary	$	—		$	—		$	—
Other operating expenses		(242	)		(247	)		(226	)
Income tax benefit		70			73			66
Loss before undistributed earnings of subsidiary		(172	)		(174	)		(160	)
Equity in undistributed earnings of subsidiary		12,333			14,895			12,711
Net income	$	12,161		$	14,721		$	12,551

Statements of Cash Flows	2020			2019			2018
Net income	$	12,161		$	14,721		$	12,551
Adjustments to reconcile net income to net cash provided by operating activities
Stock-based compensation		574			475			424
Equity in undistributed earnings of subsidiary		(12,333	)		(14,895	)		(12,711	)
Net cash provided by operating activities		402			301			264
Cash flows from financing activities:
Common stock issued		111			96			91
Cash in lieu of fractional shares		(8	)		(8	)		(10	)
Net cash provided by financing activities		103			88			81
Net change in cash		505			389			345
Cash at beginning of year		3,544			3,155			2,810
Cash at end of year	$	4,049		$	3,544		$	3,155