Annual report pursuant to Section 13 and 15(d)

Note 19 - Parent Company Only Statements - Condensed Statements of Cash Flows (Details)

v3.20.1
Note 19 - Parent Company Only Statements - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net income $ 12,097 $ 9,337
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock based compensation expense 301 204
Net surrender value of restricted stock awards (63) (72)
Other assets (5,407) 1,044
Total adjustments (1,140) 1,203
Net cash - operating activities 10,957 10,540
Cash flows from investing activities:    
Cash paid for acquisition (15,743) (8,689)
Net cash - investing activities (28,174) (31,167)
Cash flows from financing activities:    
Dividends paid 4,085 3,432
Net cash - financing activities 47,336 26,741
Net change in cash 30,119 6,114
Cash and cash equivalents at beginning of period 17,139 11,025
Cash and cash equivalents at end of period 47,258 17,139
Parent Company [Member]    
Cash flows from operating activities:    
Net income 12,097 9,337
Adjustments to reconcile net income to net cash provided by operating activities:    
Distributions in excess of income (equity in undistributed income): Peoples Bank 7,889 3,443
NWIN Risk Management, Inc (983) (829)
Stock based compensation expense 301 204
Net surrender value of restricted stock awards (63) (72)
Other assets (94) 519
Change in other liabilities (259) 275
Total adjustments 6,791 3,540
Net cash - operating activities 18,888 12,877
Cash flows from investing activities:    
Cash paid for acquisition (15,743) (8,689)
Investment in Peoples Bank (1,500)
Distribution from NWIN Risk Management, Inc 1,750
Net cash - investing activities (15,493) (8,689)
Cash flows from financing activities:    
Dividends paid (4,085) (3,432)
Proceeds from issuance of common stock
Net cash - financing activities (4,085) (3,432)
Net change in cash (690) 756
Cash and cash equivalents at beginning of period 881 125
Cash and cash equivalents at end of period $ 191 $ 881