Parent Company Only Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Condensed Financial Information Disclosure [Abstract]

Schedule of Condensed Balance Sheet

Condensed Balance Sheets	December 31,
Assets	2019		2018
Cash and due from banks	$	5,568	$	7,026
Investment in subsidiary		204,570		182,874
Other assets		172		175
Total assets	$	210,310	$	190,075
Liabilities and Stockholders' Equity
Subordinated note, net		9,885		9,865
Other liabilities		183		172
Total liabilities		10,068		10,037
Stockholders' equity		200,242		180,038
Total liabilities and stockholders' equity	$	210,310	$	190,075

Schedule of Condensed Statements of Income

Condensed Statements of Income	Year Ended December 31,
	2019		2018
Interest from subsidiary	$	2	$	2
Interest expense on subordinated note		(679)		(679)
Dividends received from subsidiary		3,935		1,436
Other expenses		(142)		(157)
Income before income tax benefit and equity in undistributed net income of subsidiary		3,116		602
Income tax benefit		172		175
Equity in undistributed earnings of subsidiary		19,429		23,570
Net income	$	22,717	$	24,347

Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows	Year Ended December 31,
	2019		2018
Cash flows from operating activities:
Net income	$	22,717	$	24,347
Equity in undistributed net income of subsidiary		(19,429)		(23,570)
Amortization		20		20
ESOP compensation expense for allocated shares		1,231		940
Share-based compensation expense related to stock options and restricted stock		869		767
Other assets		3		115
Other liabilities		11		6
Net cash from operating activities		5,422		2,625
Cash flows from investing activities:
Net proceeds from ESOP		275		269
Net cash from investing activities		275		269
Cash flows (used by) from financing activities:
Proceeds from stock options exercised		705		1,117
Common stock repurchased for employee/director taxes paid on restricted stock awards		(204)		(251)
Common stock repurchased		(4,800)		—
Dividends paid on common stock		(2,856)		(1,915)
Net cash (used by) from financing activities		(7,155)		(1,049)
Net (decrease) increase in cash and cash equivalents		(1,458)		1,845
Cash and cash equivalents, beginning of year		7,026		5,181
Cash and cash equivalents, end of year	$	5,568	$	7,026