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Note 22 - HMN Financial, Inc. Financial Information (Parent Company Only) - Condensed Financial Statements for the Parent Company Only (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash and cash equivalents $ 94,143 $ 86,269  
Prepaid expenses and other assets 5,427 7,241  
Total assets 1,069,538 909,580  
Accrued expenses and other liabilities 6,635 8,986  
Total liabilities 959,507 806,328  
Common stock 91 91  
Additional paid-in capital 40,740 40,480  
Retained earnings 131,413 117,849  
Unearned employee stock ownership plan shares (1,256) (1,450)  
Treasury stock, at cost, 4,564,087 and 4,359,552 shares (59,374) (55,000)  
Total stockholders' equity 110,031 103,252 $ 92,648
Total liabilities and stockholders' equity 1,069,538 909,580  
Interest income 30,208 29,108  
Occupancy and equipment 4,372 4,429  
Data processing (1,445) (1,314)  
Professional services (1,438) (1,405)  
Income tax expense 5,365 4,068  
Net income 13,564 10,302  
Deferred income tax benefit 612 (802)  
Earned ESOP shares priced above original cost 239 145  
Amortization of restricted stock awards 243 238  
Amortization of unearned ESOP shares 194 193  
Decrease in other assets 1,503 1,175  
(Decrease) increase in other liabilities (2,307) 670  
Net cash provided (used) by operating activities 24,303 16,942  
Treasury stock purchased (4,589) (1,450)  
Stock awards withheld for tax withholding (7) (60)  
Net cash provided by financing activities 151,011 119,409  
Cash and cash equivalents, beginning of year 86,269    
Cash and cash equivalents, end of year 94,143 86,269  
Parent Company [Member]      
Cash and cash equivalents 12,538 10,970 $ 7,722
Investment in subsidiaries 96,867 91,558  
Prepaid expenses and other assets 785 891  
Deferred tax asset, net 4 14  
Total assets 110,194 103,433  
Accrued expenses and other liabilities 163 181  
Total liabilities 163 181  
Common stock 91 91  
Additional paid-in capital 40,740 40,480  
Retained earnings 131,413 117,849  
Net unrealized (loss) gains on securities available for sale (1,583) 1,282  
Unearned employee stock ownership plan shares (1,256) (1,450)  
Treasury stock, at cost, 4,564,087 and 4,359,552 shares (59,374) (55,000)  
Total stockholders' equity 110,031 103,252  
Total liabilities and stockholders' equity 110,194 103,433  
Interest income 31 43  
Equity income of subsidiaries 14,174 10,815  
Compensation and benefits (282) (243)  
Occupancy and equipment (30) (30)  
Data processing (6) (6)  
Professional services (111) (93)  
Other (405) (383)  
Income before income tax benefit 13,371 10,103  
Income tax expense 193 199  
Net income 13,564 10,302  
Equity income of subsidiaries (14,174) (10,815)  
Deferred income tax benefit 10 10  
Earned ESOP shares priced above original cost 239 145  
Amortization of restricted stock awards 243 238  
Amortization of unearned ESOP shares 194 193  
Decrease in other assets 106 (281)  
(Decrease) increase in other liabilities (18) (34)  
Net cash provided (used) by operating activities 164 (242)  
Treasury stock purchased (4,589) (1,450)  
Stock awards withheld for tax withholding (7) (60)  
Dividends received from Bank 6,000 5,000  
Net cash provided by financing activities 1,404 3,490  
Increase in cash and cash equivalents 1,568 3,248  
Cash and cash equivalents, beginning of year 10,970 7,722  
Cash and cash equivalents, end of year $ 12,538 $ 10,970