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Note 20 - Parent Company (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Condensed Balance Sheet [Table Text Block]

(Dollar amounts in thousands)

 

December 31,

 
  

2021

  

2020

 

ASSETS

        

Cash and due from banks

 $805  $1,222 

Equity securities, at fair value

  818   609 

Investment in nonbank subsidiary

  1   1 

Investment in subsidiary bank

  150,588   149,272 

Other assets

  2,381   1,561 
         

TOTAL ASSETS

 $154,593  $152,665 
         

LIABILITIES

        

Trust preferred debt

 $8,248  $8,248 

Other liabilities

  1,010   607 

TOTAL LIABILITIES

  9,258   8,855 
         

STOCKHOLDERS' EQUITY

  145,335   143,810 
         

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

 $154,593  $152,665 
Condensed Income Statement [Table Text Block]
  

Year Ended December 31,

 

(Dollar amounts in thousands)

 

2021

  

2020

 
         

INCOME

        

Dividends from subsidiary bank

 $18,600  $4,700 

Dividends from nonbank subsidiary

  -   1,399 

Gain (loss) on equity securities

  209   (101)

Other

  5   7 
Total income  18,814   6,005 
         

EXPENSES

        

Interest expense

  151   192 

Salaries and employee benefits

  842   465 

Ohio state franchise tax

  1,144   1,082 

Other

  742   796 
Total expenses  2,879   2,535 
         

Income before income tax benefit

  15,935   3,470 
         

Income tax benefit

  (560)  (552)
         

Income before equity in undistributed net income of subsidiaries

  16,495   4,022 
         

Equity in undistributed net income of subsidiaries

  2,138   4,327 
         

NET INCOME

 $18,633  $8,349 
         

Comprehensive income

 $17,811  $10,791 
Condensed Cash Flow Statement [Table Text Block]
  

Year Ended December 31,

 
(Dollar amounts in thousands) 

2021

  

2020

 
         
OPERATING ACTIVITIES        

Net income

 $18,633  $8,349 

Adjustments to reconcile net income to net cash provided by operating activities:

        

Equity in undistributed net income of

        

Subsidiaries

  (2,138)  (4,327)

Stock-based compensation

  398   144 

(Gain) loss on equity securities

  (209)  101 

Other, net

  (664)  (609)
Net cash provided by operating activities  16,020   3,658 
         
FINANCING ACTIVITIES        

Stock options exercised

  94   12 

Repurchase of treasury shares

  (12,291)  (1,191)

Cash dividends

  (4,240)  (3,834)
Net cash used in financing activities  (16,437)  (5,013)
         
Decrease in cash  (417)  (1,355)
         
CASH AT BEGINNING OF YEAR  1,222   2,577 
         
CASH AT END OF YEAR $805  $1,222