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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, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents $ 11,151 $ 36,259  
Prepaid expenses and other assets 3,962 3,902  
Total assets 1,107,135 1,096,202  
Accrued expenses and other liabilities 4,790 6,520  
Total liabilities 999,428 998,866  
Common stock 91 91  
Additional paid-in capital 41,235 41,013  
Retained earnings 142,278 138,409  
Unearned employee stock ownership plan shares (870) (1,063)  
Total stockholders' equity 107,707 97,336 $ 110,031
Total liabilities and stockholders' equity 1,107,135 1,096,202  
Interest income 30,757 32,256  
Occupancy and equipment 3,626 3,812  
Data processing (2,187) (1,948)  
Professional services (1,051) (1,386)  
Income tax expense 2,548 3,226  
Net income 6,005 8,045  
Deferred income tax benefit (410) 103  
Amortization of restricted stock awards 225 227  
Amortization of unearned ESOP shares 193 193  
Earned ESOP shares priced above original cost 207 271  
Decrease in other assets 94 1,346  
Decrease in other liabilities (1,750) (115)  
Other, net 1 4  
Net cash provided (used) by operating activities 13,686 31,311  
Treasury stock purchased (629) (2,134)  
Stock awards withheld for tax withholding (64) (70)  
Dividends to stockholders (1,306) (1,049)  
Net cash provided by financing activities (1,808) 35,986  
Increase in cash and cash equivalents (25,108) (57,884)  
Cash and cash equivalents, beginning of year 36,259 94,143  
Cash and cash equivalents, end of year 11,151 36,259  
Parent Company [Member]      
Cash and cash equivalents 16,287 15,250  
Investment in subsidiaries 91,500 81,190  
Prepaid expenses and other assets 56 1,046  
Total assets 107,843 97,486  
Accrued expenses and other liabilities 136 150  
Total liabilities 136 150  
Common stock 91 91  
Additional paid-in capital 41,235 41,013  
Retained earnings 142,278 138,409  
Net unrealized losses on securities available for sale (13,191) (19,761)  
Unearned employee stock ownership plan shares (870) (1,063)  
Treasury stock, at cost, 4,670,757 and 4,647,686 shares (61,836) (61,353)  
Total stockholders' equity 107,707 97,336  
Total liabilities and stockholders' equity 107,843 97,486  
Interest income 321 43  
Equity income of subsidiaries 6,570 8,500  
Compensation and benefits (273) (272)  
Occupancy and equipment (32) (30)  
Data processing (8) (6)  
Professional services (129) (125)  
Other (433) (404)  
Income before income tax (expense) benefit 6,016 7,706  
Income tax expense (11) 339  
Net income 6,005 8,045  
Equity income of subsidiaries (6,570) (8,500)  
Deferred income tax benefit 0 4  
Amortization of restricted stock awards 225 227  
Amortization of unearned ESOP shares 193 193  
Earned ESOP shares priced above original cost 207 271  
Decrease in other assets 990 (261)  
Decrease in other liabilities (14) (13)  
Other, net 0 (1)  
Net cash provided (used) by operating activities 1,036 (35)  
Treasury stock purchased (629) (2,134)  
Stock awards withheld for tax withholding (64) (70)  
Dividends to stockholders (1,306) (1,049)  
Dividends received from Bank 2,000 6,000  
Net cash provided by financing activities 1 2,747  
Increase in cash and cash equivalents 1,037 2,712  
Cash and cash equivalents, beginning of year 15,250 12,538  
Cash and cash equivalents, end of year $ 16,287 $ 15,250