Annual report pursuant to Section 13 and 15(d)

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

v3.21.1
Note 19 - Parent Company Only Statements - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 16,604 $ 12,097
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock based compensation expense 415 301
Net surrender value of restricted stock awards (85) (63)
Other assets (1,817) (5,407)
Total adjustments 4,545 (1,140)
Net cash - operating activities 21,149 10,957
Cash flows from investing activities:    
Net cash - investing activities (186,558) (28,174)
Cash flows from financing activities:    
Dividends paid 4,291 4,085
Net cash - financing activities 138,073 47,336
Parent Company [Member]    
Cash flows from operating activities:    
Net income 16,604 12,097
Adjustments to reconcile net income to net cash provided by operating activities:    
Distributions in excess of income (equity in undistributed income): Peoples Bank (12,614) 7,889
NWIN Risk Management, Inc (923) (983)
Stock based compensation expense 415 301
Net surrender value of restricted stock awards (85) (63)
Other assets 190 (94)
Change in other liabilities 433 (259)
Total adjustments (12,584) 6,791
Net cash - operating activities 4,020 18,888
Cash flows from investing activities:    
Cash paid for acquisition 0 (15,743)
Investment in Peoples Bank 0 (1,500)
Distribution from NWIN Risk Management, Inc 885 1,750
Net cash - investing activities 885 (15,493)
Cash flows from financing activities:    
Dividends paid (4,291) (4,085)
Proceeds from issuance of common stock 0 0
Net cash - financing activities (4,291) (4,085)
Net change in cash 614 (690)
Cash at beginning of year 191 881
Cash at end of year $ 805 $ 191