2019 Q4 Form 10-K Financial Statement

#000114036121010845 Filed on March 30, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $54.32M
YoY Change 5.41%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $550.0K $2.220M $600.0K
YoY Change -8.33% -10.12% -9.09%
% of Gross Profit
Operating Expenses $45.38M
YoY Change -2.05%
Operating Profit
YoY Change
Interest Expense $6.422M
YoY Change 29.24%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.280M $8.940M $1.480M
YoY Change 54.05% 71.99% -149.66%
Income Tax $310.0K $1.080M $100.0K
% Of Pretax Income 13.6% 12.08% 6.76%
Net Earnings $1.980M $7.860M $1.390M
YoY Change 42.45% 59.79% -148.1%
Net Earnings / Revenue 14.47%
Basic Earnings Per Share $1.51
Diluted Earnings Per Share $380.8K $1.51 $268.3K
COMMON SHARES
Basic Shares Outstanding 5.199M 5.197M
Diluted Shares Outstanding 5.197M

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $89.87M $42.22M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $35.31M $35.70M $36.74M
YoY Change -3.88% -10.53% -1.24%
Goodwill $1.650M $1.650M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.054B $1.055B $1.038B
YoY Change 1.57% 1.57% 5.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $4.800M $4.800M $4.700M
YoY Change 2.13% 2.13% 27.03%
Deferred Revenue
YoY Change
Short-Term Debt $11.45M $11.50M $38.78M
YoY Change -70.47% -55.43% 26.3%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.800M $4.800M $4.700M
YoY Change 2.13% 2.13% 27.03%
LONG-TERM LIABILITIES
Long-Term Debt $2.000M $2.000M $2.600M
YoY Change -23.08% -23.08%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.000M $2.000M $2.600M
YoY Change -23.08% -23.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.800M $4.800M $4.700M
Total Long-Term Liabilities $2.000M $2.000M $2.600M
Total Liabilities $944.7M $944.7M $936.2M
YoY Change 0.91% 0.91% 5.73%
SHAREHOLDERS EQUITY
Retained Earnings $62.98M $57.61M
YoY Change 9.31%
Common Stock $46.86M $46.55M
YoY Change 0.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $109.8M $109.8M $102.0M
YoY Change
Total Liabilities & Shareholders Equity $1.054B $1.055B $1.038B
YoY Change 1.57% 1.57% 5.74%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $1.980M $7.860M $1.390M
YoY Change 42.45% 59.79% -148.1%
Depreciation, Depletion And Amortization $550.0K $2.220M $600.0K
YoY Change -8.33% -10.12% -9.09%
Cash From Operating Activities $4.440M $12.37M $4.730M
YoY Change -6.13% 1.78% 90.73%
INVESTING ACTIVITIES
Capital Expenditures -$480.0K $1.782M -$40.00K
YoY Change 1100.0% 272.8% -63.64%
Acquisitions
YoY Change
Other Investing Activities -$7.210M $30.91M $220.0K
YoY Change -3377.27% 147.08% -100.66%
Cash From Investing Activities -$7.690M $29.13M $180.0K
YoY Change -4372.22% 142.21% -100.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.910M 6.147M 8.680M
YoY Change -78.0% 69.62% -71.16%
NET CHANGE
Cash From Operating Activities 4.440M 12.37M 4.730M
Cash From Investing Activities -7.690M 29.13M 180.0K
Cash From Financing Activities 1.910M 6.147M 8.680M
Net Change In Cash -1.340M 47.65M 13.59M
YoY Change -109.86% 71.36% -1419.42%
FREE CASH FLOW
Cash From Operating Activities $4.440M $12.37M $4.730M
Capital Expenditures -$480.0K $1.782M -$40.00K
Free Cash Flow $4.920M $10.59M $4.770M
YoY Change 3.14% -9.32% 84.17%

Facts In Submission

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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="color: #000000; font-weight: bold;">SIGNIFICANT GROUP CONCENTRATIONS OF CREDIT RISK</div><div style="text-align: justify; color: #000000;">Most of the Company&#8217;s activities are with customers located within the Hampton Roads region. The types of securities that the Company invests in are included in Note 3. The types of lending that the Company engages in are included in Note 4. The Company has significant concentrations in the following industries: construction, lessors of real estate, activities related to real estate, ambulatory health care and religious organizations. The Company does not have any significant concentrations to any one customer.</div><div><br /></div><div style="text-align: justify; color: #000000;">At December 31, 2020 and 2019, there were $383.4 million and $344.1 million, or 45.84% and 46.01%, respectively, of total loans concentrated in commercial real estate. Commercial real estate for purposes of this note includes all construction loans, loans secured by multifamily residential properties, loans secured by farmland and loans secured by nonfarm, nonresidential properties. Refer to Note 3 for further detail.</div></div>
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643000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
2029000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
2017000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
397000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
347000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
67000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
97000
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
117000
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
0
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
345000
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
363000
CY2019Q4 us-gaap Deposits
Deposits
889496000
CY2020Q4 us-gaap Deposits
Deposits
1067236000
CY2019Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
399020000
CY2020Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
512936000
CY2019Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
889496000
CY2020Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
1067236000
CY2019 us-gaap Depreciation
Depreciation
2220000
CY2020 us-gaap Depreciation
Depreciation
2145000
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
0
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
907000
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2496000
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2505000
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.51
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.088
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.121
CY2020Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
151586000
CY2019Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
140225000
CY2019Q4 us-gaap Federal Funds Purchased Fair Value Disclosure
FederalFundsPurchasedFairValueDisclosure
11452000
CY2020Q4 us-gaap Federal Funds Purchased Fair Value Disclosure
FederalFundsPurchasedFairValueDisclosure
6619000
CY2019Q4 us-gaap Federal Funds Sold
FederalFundsSold
3975000
CY2020Q4 us-gaap Federal Funds Sold
FederalFundsSold
5000
CY2019Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
37000000
CY2020Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Amount Of Available Unused Funds
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds
374700000
CY2019Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Amount Of Available Unused Funds
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds
276300000
CY2019Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary By Interest Rate Type Fixed Rate
FederalHomeLoanBankAdvancesMaturitiesSummaryByInterestRateTypeFixedRate
37000000
CY2019Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
0
CY2020Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
0
CY2019 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
884000
CY2020 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
1781000
CY2020 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
587000
CY2020 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2019 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
581000
CY2020 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
3
CY2020 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
587000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
735630000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
829767000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
886000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
629000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
6037000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1214000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
11000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
481000
CY2020Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
744000
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1091000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
9530000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
9179000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
739336000
CY2020Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
834184000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
8444000
CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
2116000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2005000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1398000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9660000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
10111000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9541000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
363000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
319000
CY2019 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
2000
CY2020 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
20000
CY2020 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
818000
CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
0
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
818000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-82000
CY2019 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
0
CY2020 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
-99000
CY2019 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
2000
CY2020 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
62000
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-490000
CY2019Q4 us-gaap Goodwill
Goodwill
1650000
CY2020Q4 us-gaap Goodwill
Goodwill
1650000
CY2019 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
8866000
CY2020 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
3257000
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
11000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
481000
CY2019 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
149000
CY2020 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
67000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
424000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2033000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1692000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
6411000
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
11595000
CY2020Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
4200000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5910000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8940000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1877000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1241000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
521000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1080000
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1000
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
11000
CY2019 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
440000
CY2020 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
413000
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-625000
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-855000
CY2019 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-14923000
CY2020 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-5433000
CY2019 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
111000
CY2020 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
13823000
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1967000
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
966000
CY2019 us-gaap Increase Decrease In Savings Deposits
IncreaseDecreaseInSavingsDeposits
31105000
CY2020 us-gaap Increase Decrease In Savings Deposits
IncreaseDecreaseInSavingsDeposits
113916000
CY2020 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-34220000
CY2019 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-917000
CY2020 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3478000
CY2019 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1798000
CY2020 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
40009000
CY2019 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
40241000
CY2019 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
35718000
CY2020 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
36012000
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
384000
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
620000
CY2019 us-gaap Interest Expense
InterestExpense
6422000
CY2020 us-gaap Interest Expense
InterestExpense
5292000
CY2019 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
1136000
CY2020 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
1080000
CY2020 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
150000
CY2019 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
132000
CY2019 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
1309000
CY2020 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
725000
CY2019 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
3845000
CY2020 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
3337000
CY2020 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
516000
CY2019 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
755000
CY2020 us-gaap Interest Income Other Domestic Deposits
InterestIncomeOtherDomesticDeposits
267000
CY2019 us-gaap Interest Income Other Domestic Deposits
InterestIncomeOtherDomesticDeposits
689000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1488000
CY2019 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
33501000
CY2020 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
33717000
CY2020 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
12000
CY2019 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
31000
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33819000
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
34717000
CY2020 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
3068000
CY2019 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
2827000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
6396000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
5528000
CY2019Q4 us-gaap Interest Receivable
InterestReceivable
2762000
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
3613000
CY2019Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
48610000
CY2020Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
98633000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
248000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
110000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
339000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
352000
CY2019 us-gaap Labor And Related Expense
LaborAndRelatedExpense
24024000
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
25512000
CY2020 us-gaap Lease Cost
LeaseCost
380000
CY2019 us-gaap Lease Cost
LeaseCost
336000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1226191000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1054488000
CY2020Q4 us-gaap Liabilities
Liabilities
1109046000
CY2019Q4 us-gaap Liabilities
Liabilities
944732000
CY2020 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
3221000
CY2019 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
399000
CY2020Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
14413000
CY2019Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
590000
CY2020 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
34000
CY2019 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
115000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9541000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9660000
CY2019Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2020Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2020Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
2100000
CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
557000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
747865000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
836300000
CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
4012000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
3910000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
4220000
CY2020 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
3531000
CY2019 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
297000
CY2020Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
14413000
CY2019Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
590000
CY2019 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
168000
CY2020 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
11000
CY2020 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
45000
CY2019 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
283000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
826759000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
738205000
CY2020Q4 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
28550000
CY2019Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
738205000
CY2020Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
826759000
CY2019Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
0
CY2020Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
28550000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12370000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8635000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
5389000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
7860000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-122241000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
29131000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5389000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7860000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7860000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5389000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6147000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
161448000
CY2020 us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
98044000
CY2019 us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
16293000
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
262558000
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
360602000
CY2019 us-gaap Noninterest Expense
NoninterestExpense
38638000
CY2020 us-gaap Noninterest Expense
NoninterestExpense
42505000
CY2020 us-gaap Noninterest Income
NoninterestIncome
14698000
CY2019 us-gaap Noninterest Income
NoninterestIncome
14077000
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2019 us-gaap Occupancy Net
OccupancyNet
5628000
CY2020 us-gaap Occupancy Net
OccupancyNet
4852000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
331000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
377000
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0176
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1378000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
751000
CY2019 us-gaap Operating Expenses
OperatingExpenses
45378000
CY2020 us-gaap Operating Expenses
OperatingExpenses
48797000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
415000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
361000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
380000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
336000
CY2019Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilities
CY2020Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilities
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
751000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1364000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssets
CY2019 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
319000
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
380000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M2D
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
55000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
66000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
314000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
264000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
209000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
248000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4148000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2077000
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
2629000
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
5250000
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
1157000
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
618000
CY2019Q4 us-gaap Other Borrowings
OtherBorrowings
1950000
CY2020Q4 us-gaap Other Borrowings
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1350000
CY2020Q4 us-gaap Other Assets
OtherAssets
12838000
CY2019Q4 us-gaap Other Assets
OtherAssets
11408000
CY2020 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1102000
CY2019 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
552000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
5514000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2943000
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
16993000
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14614000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
4357000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2325000
CY2020 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
134000
CY2019 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
221000
CY2019Q4 us-gaap Other Liabilities
OtherLiabilities
4834000
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
5291000
CY2020 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3369000
CY2019 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2653000
CY2020 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
5250000
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
2629000
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2505000
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2496000
CY2020 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
73057000
CY2019 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
103036000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1782000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
924000
CY2019 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0
CY2020 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
37515000
CY2020 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
25000000
CY2019 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
10000000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29725000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
10747000
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
65699000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
13944000
CY2019 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
85000
CY2020 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
316000
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2203000
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
CY2020 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
96000
CY2019 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
85000
CY2020 us-gaap Professional Fees
ProfessionalFees
2196000
CY2019 us-gaap Professional Fees
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2311000
CY2019Q4 opof Financing Receivable Allowance For Credit Losses Acquired Impaired Loans
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0
CY2019Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Property Plant And Equipment Net
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33613000
CY2019Q4 us-gaap Property Plant And Equipment Net
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35312000
CY2020 us-gaap Provision For Loan And Lease Losses
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1000000
CY2019 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
318000
CY2019Q4 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
50000
CY2020Q4 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
18000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1312000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
751000
CY2018Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
83000
CY2019Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0
CY2020Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0
CY2020Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
17200000
CY2019Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
18200000
CY2020 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
8965000
CY2019 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
0
CY2019 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
33000000
CY2020 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
62000000
CY2019Q4 us-gaap Restricted Investments
RestrictedInvestments
2926000
CY2020Q4 us-gaap Restricted Investments
RestrictedInvestments
1367000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0
CY2020Q4 us-gaap Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
1367000
CY2019Q4 us-gaap Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
2926000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
62975000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
65859000
CY2019 us-gaap Revenues
Revenues
54318000
CY2020 us-gaap Revenues
Revenues
54707000
CY2019Q4 us-gaap Risk Weighted Assets
RiskWeightedAssets
863905000
CY2020Q4 us-gaap Risk Weighted Assets
RiskWeightedAssets
890091000
CY2020 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
21092000
CY2019 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
27382000
CY2019 us-gaap Shortterm Debt Maximum Monthend Outstanding Amount
ShorttermDebtMaximumMonthendOutstandingAmount
38138000
CY2020 us-gaap Shortterm Debt Maximum Monthend Outstanding Amount
ShorttermDebtMaximumMonthendOutstandingAmount
9080000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
102006000
CY2020 us-gaap Taxes Other
TaxesOther
661000
CY2019 us-gaap Taxes Other
TaxesOther
592000
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
11452000
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
6619000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
224000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
261000
CY2019 us-gaap Short Term Debt Weighted Average Interest Rate Over Time
ShortTermDebtWeightedAverageInterestRateOverTime
0.0071
CY2020 us-gaap Short Term Debt Weighted Average Interest Rate Over Time
ShortTermDebtWeightedAverageInterestRateOverTime
0.0019
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
11452000
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
6619000
CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0010
CY2019Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0010
CY2020Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
7600000
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
96000
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
85000
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
117145000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
109756000
CY2019Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04000
CY2020Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04000
CY2020Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06000
CY2019Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06000
CY2019Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0973
CY2020Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0856
CY2020Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1169
CY2019Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1173
CY2020Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
7579000
CY2020Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
9169000
CY2020Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
45400000
CY2019Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
45300000
CY2020Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
111557000
CY2020Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
40569000
CY2020Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
24824000
CY2019Q4 us-gaap Time Deposits
TimeDeposits
227918000
CY2020Q4 us-gaap Time Deposits
TimeDeposits
193698000
CY2020 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
254000
CY2019 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5216237
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5196812
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5216441
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5196853
CY2019 opof Paydowns On Available For Sale Securities
PaydownsOnAvailableForSaleSecurities
11984000
CY2020 opof Paydowns On Available For Sale Securities
PaydownsOnAvailableForSaleSecurities
12559000
CY2019Q4 opof Other Borrowings Fair Value Disclosure
OtherBorrowingsFairValueDisclosure
1950000
CY2020Q4 opof Other Borrowings Fair Value Disclosure
OtherBorrowingsFairValueDisclosure
1350000
CY2020 opof Financing Receivable Modifications Number Of Contracts Sold
FinancingReceivableModificationsNumberOfContractsSold
2
CY2020Q4 opof Financing Receivable Allowance For Credit Losses Acquired Impaired Loans
FinancingReceivableAllowanceForCreditLossesAcquiredImpairedLoans
0
CY2020 opof Property Transferred From Fixed Assets To Held For Sale Assets
PropertyTransferredFromFixedAssetsToHeldForSaleAssets
0
CY2020 dei Amendment Flag
AmendmentFlag
false
CY2020 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020 dei Document Period End Date
DocumentPeriodEndDate
2020-12-31
CY2020 dei Entity Address State Or Province
EntityAddressStateOrProvince
VA
CY2020 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2020 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2020 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2020Q2 dei Entity Public Float
EntityPublicFloat
59071073
CY2020 dei Entity Registrant Name
EntityRegistrantName
OLD POINT FINANCIAL CORP
CY2020 dei Entity Central Index Key
EntityCentralIndexKey
0000740971
CY2021Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5225295
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2020 dei Document Type
DocumentType
10-K
CY2020 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020 dei Entity Shell Company
EntityShellCompany
false
CY2020 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020 dei Entity Small Business
EntitySmallBusiness
true
CY2019 opof Property Transferred From Fixed Assets To Held For Sale Assets
PropertyTransferredFromFixedAssetsToHeldForSaleAssets
906000
CY2019 opof Increase Decrease In Loans Held For Investment
IncreaseDecreaseInLoansHeldForInvestment
25529000
CY2020 opof Increase Decrease In Loans Held For Investment
IncreaseDecreaseInLoansHeldForInvestment
-89588000
CY2020 opof Payments For Proceeds From Restricted Investments
PaymentsForProceedsFromRestrictedInvestments
-1559000
CY2019 opof Payments For Proceeds From Restricted Investments
PaymentsForProceedsFromRestrictedInvestments
-927000
CY2020 opof Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Other Changes Net
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldOtherChangesNet
84000
CY2019 opof Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Other Changes Net
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldOtherChangesNet
-38000
CY2020 opof Direct Or Indirect Loans To Principal Shareholders Executive Officers Or Directors Maximum
DirectOrIndirectLoansToPrincipalShareholdersExecutiveOfficersOrDirectorsMaximum
0.1
CY2020 opof Bad Checks And Other Losses
BadChecksAndOtherLosses
871000
CY2019 opof Bad Checks And Other Losses
BadChecksAndOtherLosses
291000
CY2019 opof Employee Professional Development
EmployeeProfessionalDevelopment
791000
CY2020 opof Employee Professional Development
EmployeeProfessionalDevelopment
658000
CY2019Q4 opof Loan Rates Number Of Migration Analysis Periods
LoanRatesNumberOfMigrationAnalysisPeriods
8
CY2020Q4 opof Loan Rates Number Of Migration Analysis Periods
LoanRatesNumberOfMigrationAnalysisPeriods
8
CY2019Q4 opof Number Of Quarters Remains On Each Migration Period
NumberOfQuartersRemainsOnEachMigrationPeriod
12
CY2020Q4 opof Number Of Quarters Remains On Each Migration Period
NumberOfQuartersRemainsOnEachMigrationPeriod
12
CY2020Q4 opof Number Of Branch Offices
NumberOfBranchOffices
16
CY2020Q4 opof Number Of Subsidiaries
NumberOfSubsidiaries
2
CY2020 opof Maturity Period Of Interest Bearing Deposits
MaturityPeriodOfInterestBearingDeposits
P1Y
CY2020 opof Deposit Liabilities Time Deposits Denomination Benchmark
DepositLiabilitiesTimeDepositsDenominationBenchmark
250000
CY2020Q4 opof Number Of Customers Exceeding Deposits Limit
NumberOfCustomersExceedingDepositsLimit
0
CY2020Q4 opof Percentage Of Aggregate Deposits
PercentageOfAggregateDeposits
0.05
CY2020 opof Number Of Geographical Area In Which Entity Operates
NumberOfGeographicalAreaInWhichEntityOperates
1
CY2019 opof Foreclosed Assets Sold
ForeclosedAssetsSold
83000
CY2020 opof Foreclosed Assets Sold
ForeclosedAssetsSold
254000
CY2020 opof Foreclosed Real Estate Income Expenses
ForeclosedRealEstateIncomeExpenses
42000
CY2019 opof Foreclosed Real Estate Income Expenses
ForeclosedRealEstateIncomeExpenses
0
CY2020Q4 opof Lessee Operating Lease Liability Payments Due After Year Three
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearThree
549000
CY2020Q4 opof Federal Funds Lines Available Balance
FederalFundsLinesAvailableBalance
100000000
CY2019Q4 opof Federal Funds Lines Available Balance
FederalFundsLinesAvailableBalance
55000000
CY2019Q4 opof Affordable Housing Program Number Of Investments
AffordableHousingProgramNumberOfInvestments
4
CY2020Q4 opof Affordable Housing Program Number Of Investments
AffordableHousingProgramNumberOfInvestments
4
CY2020 opof Affordable Housing Tax Credits Amount
AffordableHousingTaxCreditsAmount
419000
CY2019 opof Affordable Housing Tax Credits Amount
AffordableHousingTaxCreditsAmount
441000
CY2019 opof Expected Affordable Housing Tax Benefit Amount
ExpectedAffordableHousingTaxBenefitAmount
45000
CY2020 opof Expected Affordable Housing Tax Benefit Amount
ExpectedAffordableHousingTaxBenefitAmount
144000
CY2020 opof Operating Lease Number Of Leases Extended
OperatingLeaseNumberOfLeasesExtended
2
CY2020 opof Operating Lease Number Of New Leases
OperatingLeaseNumberOfNewLeases
3
CY2019 opof Income Tax Reconciliation Interest Expense On Tax Exempt Assets
IncomeTaxReconciliationInterestExpenseOnTaxExemptAssets
7000
CY2020 opof Income Tax Reconciliation Interest Expense On Tax Exempt Assets
IncomeTaxReconciliationInterestExpenseOnTaxExemptAssets
5000
CY2019 opof Income Tax Reconciliation Bank Owned Life Insurance
IncomeTaxReconciliationBankOwnedLifeInsurance
-164000
CY2020 opof Income Tax Reconciliation Bank Owned Life Insurance
IncomeTaxReconciliationBankOwnedLifeInsurance
-176000
CY2019 opof Income Tax Reconciliation Tax Exempt Interest
IncomeTaxReconciliationTaxExemptInterest
201000
CY2020 opof Income Tax Reconciliation Tax Exempt Interest
IncomeTaxReconciliationTaxExemptInterest
147000
CY2020Q4 opof Deferred Tax Assets Deferred Expense Debt Issuance Costs
DeferredTaxAssetsDeferredExpenseDebtIssuanceCosts
443000
CY2019Q4 opof Deferred Tax Assets Deferred Expense Debt Issuance Costs
DeferredTaxAssetsDeferredExpenseDebtIssuanceCosts
0
CY2019Q4 opof Deferred Tax Assets Bank Owned Life Insurance Benefit
DeferredTaxAssetsBankOwnedLifeInsuranceBenefit
64000
CY2020Q4 opof Deferred Tax Assets Bank Owned Life Insurance Benefit
DeferredTaxAssetsBankOwnedLifeInsuranceBenefit
68000
CY2020Q4 opof Deferred Tax Assets Interest On Nonaccrual Loans
DeferredTaxAssetsInterestOnNonaccrualLoans
9000
CY2019Q4 opof Deferred Tax Assets Interest On Nonaccrual Loans
DeferredTaxAssetsInterestOnNonaccrualLoans
17000
CY2019Q4 opof Deferred Tax Assets Acquisition Accounting
DeferredTaxAssetsAcquisitionAccounting
61000
CY2020Q4 opof Deferred Tax Assets Acquisition Accounting
DeferredTaxAssetsAcquisitionAccounting
14000
CY2019Q4 opof Deferred Tax Liabilities Acquisition Accounting
DeferredTaxLiabilitiesAcquisitionAccounting
76000
CY2020Q4 opof Deferred Tax Liabilities Acquisition Accounting
DeferredTaxLiabilitiesAcquisitionAccounting
67000
CY2019Q4 opof Deferred Tax Liabilities Unrealized Gains On Available For Sale Securities Gross
DeferredTaxLiabilitiesUnrealizedGainsOnAvailableForSaleSecuritiesGross
0
CY2020Q4 opof Deferred Tax Liabilities Unrealized Gains On Available For Sale Securities Gross
DeferredTaxLiabilitiesUnrealizedGainsOnAvailableForSaleSecuritiesGross
1081000
CY2019Q4 opof Deferred Tax Assets Investments In Pass Through Entities
DeferredTaxAssetsInvestmentsInPassThroughEntities
122000
CY2020Q4 opof Deferred Tax Assets Investments In Pass Through Entities
DeferredTaxAssetsInvestmentsInPassThroughEntities
224000
CY2020 opof Number Of Securities Held In Excess Of Ten Percent Stockholders Equity
NumberOfSecuritiesHeldInExcessOfTenPercentStockholdersEquity
0

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