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Condensed Financial Statements Of Parent Company
 12 Months Ended
Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]  
Condensed Financial Statements of Parent Company CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY
Information relative to our parent company balance sheets at December 31, 2020 and 2019 and the related statements of income and cash flows for the years ended December 31, 2020, 2019 and 2018, are presented as follows:
Balance Sheets  
 December 31,
Dollars in thousands20202019
Assets  
Cash$5,937 $2,185 
Investment in subsidiaries327,354 267,132 
Other investments7 77 
Premises and equipment97 146 
Other assets1,837 1,317 
Total assets$335,232 $270,857 
Liabilities and Shareholders' Equity  
Subordinated debentures$29,364 $— 
Subordinated debentures owed to unconsolidated subsidiary trusts19,589 19,589 
Other liabilities4,699 3,504 
Total liabilities53,652 23,093 
Preferred stock, $1.00 par value, authorized 250,000 shares
— — 
Common stock and related surplus, $2.50 par value, authorized
  
20,000,000 shares; issued: 12,985,708 shares 2020, 12,474,641 shares 2019; outstanding: 12,942,004 shares 2020, 12,408,542 shares 2019
94,964 80,084 
Unallocated common stock held by Employee Stock Ownership Plan - 2020 - 43,704 shares, 2019 - 66,099 shares
(472)(714)
Retained earnings181,643 165,859 
Accumulated other comprehensive income5,445 2,535 
Total shareholders' equity281,580 247,764 
Total liabilities and shareholders' equity$335,232 $270,857 
Statements of Income   
 For the Year Ended December 31,
Dollars in thousands202020192018
Income   
Dividends from subsidiaries$10,000 $16,757 $10,600 
Other dividends and interest income33 54 28 
Management and service fees from subsidiaries1,856 1,542 1,555 
Total income11,889 18,353 12,183 
Expense   
Interest expense1,109 949 899 
Operating expenses3,306 3,755 2,565 
Total expenses4,415 4,704 3,464 
Income before income taxes and equity in   
undistributed income of subsidiaries7,474 13,649 8,719 
Income tax (benefit)(519)(276)(374)
Income before equity in undistributed income of subsidiaries7,993 13,925 9,093 
Equity in undistributed income of subsidiaries23,333 17,941 18,979 
Net income$31,326 $31,866 $28,072 


Statements of Cash Flows   
 For the Year Ended December 31,
Dollars in thousands202020192018
CASH FLOWS FROM OPERATING ACTIVITIES   
Net income$31,326 $31,866 $28,072 
Adjustments to reconcile net income to net cash provided by operating activities:
   
Equity in undistributed net income of subsidiaries(23,333)(17,941)(18,979)
Deferred tax benefit(141)(18)(8)
Depreciation57 50 41 
Share-based compensation expense211 274 181 
Earnings on bank owned life insurance1 — 7 
(Increase) decrease in other assets(285)491 (375)
Increase in other liabilities977 807 1,036 
Net cash provided by operating activities8,813 15,529 9,975 
CASH FLOWS FROM INVESTING ACTIVITIES   
Investment from subsidiaries(25,000)— — 
Purchases of premises and equipment(9)(123)(86)
Proceeds from sale of premises and equipment— 53 13 
Net cash used in investing activities(25,009)(70)(73)
CASH FLOWS FROM FINANCING ACTIVITIES   
Dividends paid on common stock(8,786)(7,361)(6,545)
Exercise of stock options— 7 122 
Proceeds from subordinated debt30,000 — — 
Purchase and retirement of common stock(1,444)(10,405)(1,689)
Proceeds from issuance of common stock, net of issuance costs178 159 237 
Net cash provided by ( used in) financing activities19,948 (17,600)(7,875)
Increase (decrease) in cash3,752 (2,141)2,027 
Cash:   
Beginning2,185 4,326 2,299 
Ending$5,937 $2,185 $4,326 
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION   
Cash payments for:   
Interest$1,145 $961 $875