SB Financial (SBFG) 10-K 8 Mar 21 2020 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Feb. 21, 2021	Jun. 30, 2020
Document Information Line Items
Entity Registrant Name	SB FINANCIAL GROUP, INC.
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		7,389,626
Entity Public Float			$ 127,500,000
Amendment Flag	false
Entity Central Index Key	0000767405
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Incorporation, State or Country Code	OH
Entity Interactive Data Current	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 140,690	$ 27,064
Interest bearing time deposits	5,823
Available-for-sale securities	149,406	100,948
Loans held for sale	7,234	7,258
Loans, net of unearned income	872,723	825,510
Allowance for loan losses	(12,574)	(8,755)
Premises and equipment, net	23,557	23,385
Federal Reserve and Federal Home Loan Bank Stock, at cost	5,303	4,648
Foreclosed assets held for sale, net	23	305
Interest receivable	3,799	3,106
Goodwill	22,091	17,792
Cash value of life insurance	17,530	17,221
Mortgage servicing rights	7,759	11,017
Other assets	14,475	9,078
Total assets	1,257,839	1,038,577
Liabilities
Non interest bearing demand	251,649	158,357
Interest bearing demand	176,785	131,084
Savings	174,864	119,359
Money market	216,164	173,666
Time deposits	229,549	257,753
Total deposits	1,049,011	840,219
Repurchase agreements	20,189	12,945
Federal Home Loan Bank advances	8,000	16,000
Trust preferred securities	10,310	10,310
Interest payable	616	1,191
Other liabilities	26,790	21,818
Total liabilities	1,114,916	902,483
Commitments & Contingent Liabilities
Shareholders’ Equity
Preferred stock, no par value; authorized 200,000 shares; 2020 - 0 shares outstanding, 2019 - 0 shares outstanding
Common stock, no par value; authorized 10,000,000 shares; 2020 - 8,180,712 shares issued, 2019 - 8,180,712 shares issued	54,463	54,463
Additional paid-in capital	14,845	15,023
Retained earnings	84,578	72,704
Accumulated other comprehensive income	2,210	659
Treasury stock, at cost; (2020 - 808,456 common shares, 2019 - 417,785 common shares)	(13,173)	(6,755)
Total shareholders’ equity	142,923	136,094
Total liabilities and shareholders’ equity	$ 1,257,839	$ 1,038,577

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares shares in Thousands	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in Dollars per share)
Preferred stock, shares authorized	200,000	200,000
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	8,180,712	8,180,712
Treasury stock shares	808,456	417,785

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Loans
Taxable		$ 39,735	$ 40,529
Tax exempt		239	300
Securities
Taxable		2,328	3,226
Tax exempt		333	345
Total interest income		42,635	44,400
Interest Expense
Deposits		6,070	8,660
Repurchase agreements & other		70	82
Federal Home Loan Bank advance expense		309	402
Trust preferred securities expense		256	430
Total interest expense		6,705	9,574
Net Interest Income		35,930	34,826
Provision for loan losses		4,500	800
Net interest income after provision for loan losses		31,430	34,026
Noninterest Income
Wealth management fees		3,245	3,093
Customer service fees		2,807	2,761
Gain on sale of mortgage loans & OMSR		25,350	8,413
Mortgage loan servicing fees, net		(5,138)	(397)
Gain on sale of non-mortgage loans		453	1,255
Title insurance income		1,913	1,120
Net gain on sale of securities			206
Other income		1,466	1,565
Total noninterest income		30,096	18,016
Noninterest Expense
Salaries and employee benefits		25,397	22,064
Net occupancy expense		2,891	2,603
Equipment expense		3,186	2,828
Data processing fees		3,055	1,973
Professional fees		3,307	2,476
Marketing expense		658	895
Telephone and communications		535	466
Postage and delivery expense		415	340
State, local and other taxes		1,146	1,092
Employee expense		535	795
Other expense		1,962	1,878
Total noninterest expense		43,087	37,410
Income before income tax		18,439	14,632
Provision for income taxes	[1]	3,495	2,659
Net Income		14,944	11,973
Preferred share dividends			950
Net income available to common shareholders		$ 14,944	$ 11,023
Basic earnings per common share (in Dollars per share)		$ 1.96	$ 1.71
Diluted earnings per common share (in Dollars per share)		$ 1.96	$ 1.51
[1]	Income tax expense for Edon calculated using a 21% statuatory rate

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 14,944	$ 11,973
Other comprehensive income
Gross unrealized holding gain arising in the period	1,963	1,327
Related tax expense	(412)	(279)
Less: reclassification adjustment for gain realized in income		206
Related tax expense		(43)
Net effect on other comprehensive income	1,551	1,211
Total comprehensive income	$ 16,495	$ 13,184

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total
Balance at Dec. 31, 2018	$ 13,979	$ 40,485	$ 15,226	$ 64,012	$ (552)	$ (2,715)	$ 130,435
Net income				11,973			11,973
Other comprehensive income					1,211		1,211
Conversion of preferred to common	(13,979)	13,978					(1)
Stock reissue for purchase of Peak Title			22			117	139
Dividends on common stock				(2,331)			(2,331)
Dividends on preferred stock				(950)			(950)
Restricted stock vesting			(321)			321
Stock options exercised			(321)			572	251
Repurchased stock						(5,050)	(5,050)
Stock based compensation expense			417				417
Balance at Dec. 31, 2019		54,463	15,023	72,704	659	(6,755)	136,094
Net income				14,944			14,944
Other comprehensive income					1,551		1,551
Dividends on common stock				(3,070)			(3,070)
Restricted stock vesting			(307)			307
Stock options exercised			(253)			441	188
Repurchased stock						(7,166)	(7,166)
Stock based compensation expense			382				382
Balance at Dec. 31, 2020		$ 54,463	$ 14,845	$ 84,578	$ 2,210	$ (13,173)	$ 142,923

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends preferred stock, per share amount	$ 0.40	$ 0.65
Dividends common stock, per share amount		$ 0.36

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating Activities
Net Income	$ 14,944	$ 11,973
Items not requiring (providing) cash
Depreciation and amortization	1,937	1,879
Provision for loan losses	4,500	800
Expense of share-based compensation plan	382	417
Amortization of premiums and discounts on securities	643	314
Amortization of intangible assets	46	8
Amortization of originated mortgage servicing rights	4,762	2,126
Impairment of mortgage servicing rights	3,586	1,094
Deferred income taxes	(2,444)	(279)
Proceeds from sale of loans held for sale	603,178	368,154
Originations of loans held for sale	(582,538)	(364,472)
Gain from sale of loans	(25,803)	(9,668)
Loss (gain) on sales of assets	(2)	5
Net gains on sales of securities		(206)
Changes in
Interest receivable	(693)	(284)
Other assets	(5,209)	(3,680)
Interest payable & other liabilities	6,618	10,648
Net cash provided by operating activities	23,907	18,829
Investing Activities
Purchases of available-for-sale securities	(129,796)	(38,455)
Proceeds from maturities of interest bearing time deposits	5,719
Proceeds from maturities of available-for-sale securities	84,021	22,527
Proceeds from sales of available-for-sale securities		7,375
Proceeds from sales of portfolio loans		11,265
Net change in loans	(31,706)	(65,504)
Purchase of premises, equipment	(1,980)	(2,043)
Proceeds from sales of premises, equipment	301	24
Purchase of bank owned life insurance		(50)
Purchase of Federal Reserve and Federal Home Loan Bank Stock	(538)	(525)
Proceeds from sale of foreclosed assets	500	372
Acquisition, net of cash acquired	16,263	(2,600)
Net cash used in investing activities	(57,216)	(67,614)
Financing Activities
Net increase in demand deposits, money market, interest checking & savings accounts	195,501	21,376
Net increase (decrease) in time deposits	(37,762)	16,291
Net increase (decrease) in securities sold under agreements to repurchase	7,244	(2,239)
Repayment of Federal Home Loan Bank advances	(8,000)
Net proceeds from share-based compensation plans	188	251
Stock repurchase plan	(7,166)	(5,050)
Issuance of common shares		139
Conversion of preferred stock		(1)
Dividends on common shares	(3,070)	(2,331)
Dividends on preferred shares		(950)
Net cash provided by financing activities	146,935	27,486
Increase (decrease) in cash and cash equivalents	113,626	(21,299)
Cash and cash equivalents, beginning of year	27,064	48,363
Cash and cash equivalents, end of year	140,690	27,064
Supplemental cash flow information
Interest paid	7,280	9,292
Income taxes paid	5,180	3,084
Fair value of assets acquired - premises and equipment (Peak Title)		1,161
Supplemental non-cash disclosure
Initial recognition of right-of-use lease assets	248	293
Transfer of loans to loans held for sale		11,114
Transfer of loans to foreclosed assets	207	551
In conjunction with the Edon acquisition, liabilities assumed were:
Fair value of assets acquired	66,769
Cash paid in acquisition	(15,493)
Liabilities assumed	$ 51,276

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Organization and Summary of Significant Accounting Policies	Note 1: Organization and Summary of Significant Accounting Policies Organization and Nature of Operations SB Financial Group, Inc. (the “Company”) is a financial holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, The State Bank and Trust Company (“State Bank”), SBFG Title, LLC dba Peak Title Agency (“SBFG Title”), SB Captive, Inc. (“SB Captive”), RFCBC, Inc. (“RFCBC”), Rurbanc Data Services, Inc. dba RDSI Banking Systems (“RDSI”), and Rurban Statutory Trust II (“RST II”). State Bank owns all the outstanding stock of Rurban Mortgage Company (“RMC”), and State Bank Insurance, LLC (“SBI”). The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. The Company is subject to competition from other financial institutions, and regulated by certain federal and state agencies and undergoes periodic examinations by those regulatory authorities. Principles of Consolidation The Consolidated Financial Statements include the accounts of the Company, State Bank, SBFG Title, SB Captive, RFCBC, RDSI, RMC, RST II, and SBI. All significant intercompany accounts and transactions were eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, loan servicing rights, and fair value of financial instruments. Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. At December 31, 2020 and 2019, cash equivalents consisted primarily of interest-bearing and noninterest bearing demand deposit balances held by correspondent banks. At December 31, 2020, the Company’s correspondent cash accounts exceeded federally insured limits by $10.6 million. Additionally, the Company had approximately $115.9 million of cash held by the FRB and the FHLB, which is not federally insured. Securities Available-for-sale securities, which include any debt security for which the Company has no immediate plan to sell but which may be sold in the future, are carried at fair value. Unrealized gains and losses are recorded, net of related income tax effects, in other comprehensive income. Amortization of premiums and accretion of discounts are recorded as interest income from securities. Realized gains and losses are recorded as net security gains (losses). Gains and losses on sales of securities are determined on the specific-identification method. For debt securities with fair value below carrying value when the Company does not intend to sell the debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, the Company recognizes the credit component of an other-than-temporary impairment of the debt security in earnings and the remaining portion in other comprehensive income. Mortgage Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to noninterest income. Gains and losses on loan sales are recorded in noninterest income. The Company utilizes third-party hedges to minimize the impact of interest rate risk fluctuations, and their impact is realized through noninterest income. Loans Loans that management has the intent and ability to hold for the foreseeable future, or until maturity or payoffs, are reported at their outstanding principal balances adjusted for any charge offs, the allowance for loan losses, any deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. Interest income is reported on the interest method and includes amortization of net deferred loan fees and costs over the loan term. Generally, loans are placed on nonaccrual status not later than 90 days past due. Past due status is based on the contractual terms of the loan. All interest accrued, but not collected for loans that are placed on nonaccrual or charged off, is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the non-collectability of a loan balance is probable. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as new information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical charge off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected on the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration each of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial, agricultural, and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. When a loan moves to nonaccrual status, total unpaid interest accrued to date is reversed from income. Subsequent payments are applied to the outstanding principal balance with the interest portion of the payment recorded on the balance sheet as a contra-loan. Interest received on impaired loans may be realized once all contractual principal amounts are received or when a borrower establishes a history of six consecutive timely principal and interest payments. It is at the discretion of management to determine when a loan is placed back on accrual status upon receipt of six consecutive timely payments. Large groups of smaller balance homogenous loans are collectively evaluated for impairment. Accordingly, individual consumer and residential loans are not separately identified for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method for buildings and equipment over the estimated useful lives of the assets. Leasehold improvements are capitalized and depreciated using the straight-line method over the terms of the respective leases. Long-lived Asset Impairment The Company evaluates the recoverability of the carrying value of long-lived assets whenever events or circumstances indicate the carrying amount may not be recoverable. If a long-lived asset is tested for recoverability and the undiscounted estimated future cash flows expected to result from the use and eventual disposition of the asset is less than the carrying amount of the asset, the asset’s cost is adjusted to fair value and an impairment loss is recognized as the amount by which the carrying amount of a long-lived asset exceeds its fair value. Federal Reserve Bank and Federal Home Loan Bank Stock FRB and FHLB stock are required investments for institutions that are members of the FRB and FHLB systems. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment. Foreclosed Assets Held for Sale Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less costs to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of the carrying amount or the fair value less cost to sell. Revenue and expenses from operations related to foreclosed assets and changes in the valuation allowance are included in net income or expense from foreclosed assets. Goodwill Goodwill is tested for impairment annually. If the implied fair value of goodwill is lower than its carrying amount, goodwill impairment is indicated and goodwill is written down to its implied fair value. Core Deposits and Other Intangibles Intangible assets are being amortized on a straight-line basis over weighted-average periods ranging from one to fifteen years. Such assets are periodically evaluated as to the recoverability of their carrying value. Purchased software is being amortized using the straight-line method over periods ranging from one to three years. Derivatives The Company utilizes derivative financial instruments to help manage exposure to interest rate risk and the effects that changes in interest rates may have on net income and the fair value of assets and liabilities. The Company enters into interest rate swap agreements as part of its asset liability management strategy to help manage its interest rate risk position. Additionally, the Company enters into forward contracts for the future delivery of mortgage loans to third-party investors and enters into interest rate lock commitments (“IRLCs”) with potential borrowers to fund specific mortgage loans that will be sold into the secondary market. The forward contracts are entered into in order to economically hedge the effect of changes in interest rates resulting from the Company’s commitment to fund the loans. The IRLCs and forward contracts are not designated as accounting hedges and are recorded at fair value with the changes in fair value reflected in noninterest income on the consolidated statements of income. The fair value of derivative instruments with a positive fair value are reported in accrued income and other assets in the consolidated balance sheets, while the derivative instruments with a negative fair value are reported in accrued expenses and other liabilities in the consolidated balance sheets. For exchange-traded contracts, fair value is based on quoted market prices. For non-exchange traded contracts, fair value is based on dealer quotes, pricing models, discounted cash flow methodologies or similar techniques for which the determination of fair value may require significant management judgment or estimation. Mortgage Servicing Rights Mortgage servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance, (Accounting Standards Codification “ASC” 806-50), servicing rights from the sale or securitization of loans originated by the Company are initially measured at fair value at the date of transfer. The Company subsequently measures each class of servicing asset using the amortization method. Under the amortization method, servicing rights are amortized in proportion to and over the period of estimated net servicing income. The amortized assets are assessed for impairment based on fair value at each reporting date. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost of service, the discount rate, the custodial earning rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may have an adverse impact on the value of the mortgage servicing right and may result in a reduction to noninterest income. Each class of separately recognized servicing assets subsequently measured using the amortization method is evaluated and measured for impairment. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the carrying amount of the servicing assets for that tranche. The valuation allowance is adjusted to reflect changes in the measurement of impairment after the initial measurement of impairment. Changes in valuation allowances are reported with “Mortgage loan servicing fees, net” in the income statement. Fair value in excess of the carrying amount of servicing assets for that stratum is not recognized. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income. Share-Based Employee Compensation Plan At December 31, 2020 and 2019, the Company had a share-based employee compensation plan (see Note 19 to the Consolidated Financial Statements). Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company – put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before the maturity or the ability to unilaterally cause the holder to return specific assets. Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740). The income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. Uncertain tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the term “upon examination” also includes resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiaries. With a few exceptions, the Company is no longer subject to U.S. Federal, State and Local examinations by tax authorities for the years before 2017. As of December 31, 2020, the Company had no uncertain income tax positions. Treasury Shares Treasury stock is stated at cost. Cost is determined by the weighted-average cost method. Earnings Per Share Earnings per common share is computed using the two-class method. Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during each period. Diluted earnings per share reflect additional potential common shares and convertible preferred shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options which are determined using the treasury stock method and convertible preferred shares which are determined using the converted method. Treasury stock shares are not deemed outstanding for earnings per share calculations. Comprehensive Income Comprehensive income consists of net income and other comprehensive income, net of applicable income taxes. Other comprehensive income includes unrealized appreciation (depreciation) on available-for-sale securities. AOCI consists solely of the cumulative unrealized gains and losses on available-for-sale securities net of income tax. Revenue Recognition The Company recognizes revenues as they are earned based on contractual terms, as transactions occur, or services are provided and collectability is reasonably assured. The Company’s principal source of revenue is interest income from loans and leases and investment securities. The Company also earns noninterest income from various banking and financial services offered through State Bank. Interest income is the largest source of revenue for the Company which is primarily recognized on an accrual basis. Noninterest income is earned through a variety of financial and transaction services provided to corporate and consumer clients such as trust and wealth advisory, deposit account, debit card, mortgage banking and insurance. New and applicable accounting pronouncements: ASU No. 2017-04: Intangibles – Goodwill and Other (Topic 350) This ASU simplifies the test for goodwill impairment. Specifically, these amendments eliminate Step 2 from the goodwill impairment test, and also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. The Company has adopted this ASU, and management did not believe the changes will have a material effect on the Company’s accounting and disclosures. ASU No. 2018-13: Fair Value Measurement - Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement (Topic 820) The updated guidance improves the disclosure requirements for fair value measurements. The ASU removes certain disclosures required by Topic 820 related to transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The ASU modifies certain disclosures required by Topic 820 related to disclosure of transfers into and out of Level 3 of the fair value hierarchy; the requirement to disclose the timing of liquidation of an investee’s assets and the date when restrictions from redemption might lapse only if the investee has communicated the timing to the entity or announced the timing publicly for investments in certain entities that calculate net asset value; and clarification that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurement as of the reporting date. The ASU adds certain disclosure requirements related to changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted- average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 fair value measurements. The amendments in this update are effective for fiscal years, and interim periods within those fiscal years beginning after December 15, 2019. The impact of this new guidance did not have a material impact on the Company’s consolidated financial statements. Accounting standards not yet adopted: ASU No. 2020-04: Reference Rate Reform – Facilitation of the Effects of Reference Rate Reform on Financial Reporting (Topic 848) This guidance provides temporary options to ease the potential burden in accounting for reference rate reform. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective as of March 12, 2020 through December 31, 2022. The Company anticipates being fully prepared to implement a replacement for the reference rate and has determined that any change will not have a material impact to the consolidated financial statements. ASU No. 2020-01: Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323 and Topic 815 This guidance was issued in January 2020 to clarify that a company should consider observable transactions that require a company to either apply or discontinue the equity method of accounting under Topic 323, Investments-Equity Method and Joint Ventures, for the purposes of applying the measurement alternative in accordance with Topic 321 immediately before applying or upon discontinuing the equity method. The amendments also clarify that when determining the accounting for certain forward contracts and purchased options a company should not consider, whether upon settlement or exercise, if the underlying securities would be accounted for under the equity method or fair value option. The guidance is effective beginning after December 15, 2020. The Company is currently assessing the impact on its accounting and disclosures. ASU No. 2016-13: Financial Instruments – Credit Losses (Topic 326) This ASU, which is commonly known as “CECL,” replaces the current GAAP incurred impairment methodology regarding credit losses with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments in this update affect an entity to varying degrees depending on the credit quality of the assets held by the entity, their duration, and how the entity applies current GAAP. The adoption of ASU 2016-13 is likely to result in an increase in the allowance for loan losses as a result of changing from an “incurred loss” model, which encompasses allowances for current known and inherent losses within the portfolio, to an “expected loss” model, which encompasses allowances for losses expected to be incurred over the life of the portfolio. Furthermore, ASU 2016-13 will necessitate that we establish an allowance for expected credit losses on debt securities. In December 2018, the OCC, the Federal Reserve Board, and the FDIC approved a final rule to address changes to credit loss accounting under GAAP, including banking organizations’ implementation of CECL. The final rule provides banking organizations the option to phase in over a three-year period the day-one adverse effects on regulatory capital that may result from the adoption of the new accounting standard. On November 15, 2019, the FASB delayed the effective date for certain small public companies and other private companies. As the Company is currently a smaller reporting company, the amendment will delay the effective date of ASU No. 2016-13 to the fiscal year beginning January 1, 2023. While we are currently unable to reasonably estimate the impact of adopting ASU 2016-13, we expect that the impact of adoption will be significantly influenced by the composition, characteristics and quality of our loan and securities portfolios as well as the prevailing economic conditions and forecasts as of the adoption date. The Company implemented a process to track required data by utilizing accounting software in preparation for compliance. We anticipate being fully prepared for implementation by January 1, 2023. Reclassifications: Certain reclassifications have been made to prior period financial statements to conform to the current financial statement presentation. These reclassifications had no effect on net income.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Note 2: Earnings Per Share Earnings per common share (“EPS”) is computed using the two-class method. Basic earnings per common share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the applicable period, excluding participating securities. Participating securities include non-vested restricted stock awards. Non-vested restricted stock awards are considered participating securities to the extent the holders of these securities receive non-forfeitable dividends at the same rate as holders of common shares. Diluted earnings per common share is computed using the weighted-average number of shares determined for the basic earnings per common share plus the convertible impact of preferred shares and the dilutive effect of stock compensation using the treasury stock method. EPS for the years ended December 31, 2020 and 2019 is computed as follows: Twelve Months Ended Dec. 31, ($ and outstanding shares in thousands - except per share data) 2020 2019 Distributed earnings allocated to common shares $ 3,070 $ 2,331 Undistributed (in excess of) earnings allocated to common shares 11,858 8,675 Net earnings allocated to common shares 14,928 11,006 Net earnings allocated to participating securities 16 17 Dividends on convertible preferred shares - 950 Net Income allocated to common shares and participating securities $ 14,944 $ 11,973 Weighted average shares outstanding for basic earnings per share 7,613 6,456 Dilutive effect of stock compensation 22 46 Dilutive effect of convertible shares - 1,433 Weighted average shares outstanding for diluted earnings per share 7,635 7,935 Basic earnings per common share $ 1.96 $ 1.71 Diluted earnings per common share $ 1.96 $ 1.51 There were no anti-dilutive shares in 2020 or 2019.

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Business Combination	Note 3: Business Combination Effective June 5, 2020, the Company acquired Edon Bancorp and its subsidiary, The Edon State Bank Company of Edon, Ohio. Edon Bancorp was headquartered in Edon, Ohio and had one retail banking office. The Edon State Bank was merged with and into State Bank, with State Bank surviving. Under the terms of the merger agreement, shareholders of Edon received fixed consideration of $103.50 in cash for each share of Edon common stock for total consideration of $15.5 million. The Company accounted for the transaction under the acquisition method of accounting, which means that the acquired assets and liabilities were recorded at fair value at the date of acquisition. In accordance with ASC 805, the Company expensed approximately $1.2 million of direct acquisition costs during the twelve months ended December 31, 2020. The $1.2 million in merger expense was split between data processing and professional fees expense. As a result of the acquisition, the Company recorded $4.3 million of goodwill and $0.7 million of intangible assets in the second quarter of 2020. The Company was able to increase both its deposit and loan base and acquire new households in a new market. It is expected that this transaction will result in business synergies and economies of scale. The acquisition was consistent with the Company’s strategy to expand its presence in Northwest Ohio and to increase profitability by introducing existing products and services to the acquired customer base. The intangible assets are related to core deposits, which are being amortized over 10 years on a straight-line basis. For tax purposes, goodwill is non-deductible but will be evaluated annually for impairment. The following table summarizes the fair value of the total consideration transferred as part of the acquisition as well as the fair value of identifiable assets and liabilities assumed as of the effective date of the transaction based on assumptions that are subject to change as management continues to evaluate relevant information as it becomes available. If, prior to the end of the one-year measurement period for finalizing the purchase price allocation, relevant information becomes available which would indicate adjustments are required to the purchase price allocation, such adjustments will be recorded in the reporting period in which the adjustment amounts are determined. Potential adjustments, if any, will be related to assets that may have changes to valuation amounts that were not readily determinable at the acquisition date. The contractual principal of loans at the acquisition date was $16.8 million and the estimate of the contractual cash flows not expected to be collected is $0.4 million. ($ in thousands) June 5, Fair value of assets acquired Cash and cash equivalents $ 31,756 Interest bearing time deposits 11,542 Investment securities 1,362 Federal Home Loan Bank stock 117 Loans held for investment 16,395 Premises and equipment 446 Goodwill 4,299 Core deposit intangible 660 Other assets 192 Total assets acquired $ 66,769 Fair value of liabilities assumed Deposits $ 51,053 Other liabilities 223 Total liabilities assumed 51,276 Total purchase price (cash) $ 15,493 Pro Forma Financial Information The results of operations of Edon Bancorp have been included in the Company’s consolidated financial statements since the acquisition date of June 5, 2020. The following schedule includes the pro forma results for the three and twelve months ended December 31, 2020 and 2019, as if the Edon acquisition had occurred as of the beginning of the reporting periods presented. The acquisition’s impact was immaterial to the Company’s operating performance for the twelve months ended December 31, 2020. Twelve Months Ended Summary of Operations ($ in thousands) 2020 2019 Net interest income $ 36,429 $ 36,307 Provision for loan losses 4,500 806 Net interest income after provision $ 31,929 $ 35,501 Non interest income 30,140 18,132 Non interest expense 44,158 38,484 Income before income taxes $ 17,911 $ 15,149 Income tax expense* 3,384 2,768 Net income $ 14,527 $ 12,381 Preferred share dividends - 487 Net income to common shareholders $ 14,527 $ 11,894 Basic earnings per share $ 1.90 $ 1.84 Diluted earnngs per share $ 1.90 $ 1.56 * Income tax expense for Edon calculated using a 21% statuatory rate Certain nonrecurring costs were included in the pro-forma, specifically $0.7 million was incurred by Edon prior to the acquisition in the 2020 fiscal year and the Company incurred $1.2 million in nonrecurring costs for the acquisition in the 2020 fiscal year. The Company and Edon incurred no acquisition related costs for the 2019 fiscal year.

Available-for-Sale Securities

Available-for-Sale Securities	12 Months Ended
	Dec. 31, 2020
Securities [Abstract]
Available-for-Sale Securities	Note 4: Available-for-Sale Securities The amortized cost and appropriate fair values, together with gross unrealized gains and losses, of available-for-sale securities are as follows: Gross Gross Amortized Unrealized Unrealized ($ in thousands) Cost Gains Losses Fair Value December 31, 2020: U.S. Treasury and Government agencies $ 6,541 $ 323 $ - $ 6,864 Mortgage-backed securities 125,973 1,845 (57 ) 127,761 State and political subdivisions 11,595 680 - 12,275 Other corporate securities 2,500 6 - 2,506 Totals $ 146,609 $ 2,854 $ (57 ) $ 149,406 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value December 31, 2019: U.S. Treasury and Government agencies $ 12,023 $ 181 $ (2 ) $ 12,202 Mortgage-backed securities 77,892 492 (202 ) 78,182 State and political subdivisions 10,199 366 (1 ) 10,564 Totals $ 100,114 $ 1,039 $ (205 ) $ 100,948 The amortized cost and fair value of securities available-for-sale at December 31, 2020, by contractual maturity, are shown below. Expected maturities differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Fair ($ in thousands) Cost Value Within one year $ 3,560 $ 3,630 Due after one year through five years 3,681 3,760 Due after five years through ten years 8,011 8,413 Due after ten years 5,384 5,842 20,636 21,645 Mortgage-backed securities 125,973 127,761 Totals $ 146,609 $ 149,406 The fair value of securities pledged as collateral, to secure public deposits and for other purposes, was $53.7 million at December 31, 2020, and $34.8 million at December 31, 2019. Securities delivered for repurchase agreements (not included above) were $28.2 million at December 31, 2020 and $19.5 million at December 31, 2019. There were no realized gains or losses on available-for-sale securities in 2020. Gross gains of $0.2 million was a reclassification from accumulated other comprehensive income and is included in the net gain on sales of securities for 2019. The related tax expense for net security gains for 2019 was $0.04 million and was a reclassification from accumulated other comprehensive income and is included in the income tax expense line in the income statement. Certain investments in debt securities are reported in the financial statements at an amount less than their historical cost. Total fair value of these investments at December 31, 2020 and 2019, was $27.3 million and $38.8 million, respectively, which was approximately 18 percent and 38 percent, respectively, of the Company’s available-for-sale investment portfolio. Based on evaluation of available evidence, including recent changes in market interest rates, credit rating information and information obtained from regulatory filings, management believes the declines in fair value for these securities are temporary. Should the impairment of any of these securities become other than temporary, the cost basis of the investment will be reduced and the resulting loss recognized in net income in the period the other-than-temporary impairment is identified. The following tables present securities with unrealized losses at December 31, 2020 and 2019: Less than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Treasury and Government agencies $ - $ - $ - $ - $ - $ - Mortgage-backed securities 26,582 (54 ) 717 (3 ) 27,299 (57 ) State and political subdivisions - - - - - - Other corporate securities - - - - - - Totals $ 26,582 $ (54 ) $ 717 $ (3 ) $ 27,299 $ (57 ) Less than 12 Months 12 Months or Longer Total December 31, 2019 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury and Government agencies $ 872 $ (1 ) $ 2,598 $ (1 ) $ 3,470 $ (2 ) Mortgage-backed securities 30,692 (157 ) 4,264 (45 ) 34,956 (202 ) State and political subdivisions 339 (1 ) - - 339 (1 ) Totals $ 31,903 $ (159 ) $ 6,862 $ (46 ) $ 38,765 $ (205 ) The unrealized loss on the securities portfolio decreased by $0.15 million as of December 31, 2020, from the prior year. Management reviews these securities on a quarterly basis and has determined that no impairment exists. Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concern warrants such evaluation. When the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 5: Loans and Allowance for Loan Losses The following tables present the categories of loans at December 31, 2020 and 2019: Total Loans Nonaccrual Loans ($ in thousands) December 2020 December 2019 December 2020 December 2019 Commercial & industrial $ 204,767 $ 151,047 $ 902 $ 1,772 Commercial real estate - owner occupied 113,169 98,488 1,450 1,362 Commercial real estate - nonowner occupied 257,651 268,294 962 464 Agricultural 55,235 50,994 - - Residential real estate 182,165 193,159 2,704 1,635 Home equity line of credit (HELOC) 46,310 48,070 390 249 Consumer 14,847 14,738 18 18 Total loans $ 874,144 $ 824,790 $ 6,426 $ 5,500 Net deferred costs (fees) $ (1,421 ) $ 720 Total loans, net deferred costs (fees) $ 872,723 $ 825,510 Allowance for loan losses $ (12,574 ) $ (8,755 ) The Company makes commercial, agri-business, consumer and residential loans to customers throughout its defined market area. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since a portion of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Each customer’s creditworthiness is evaluated on a case-by-case basis. The amount of collateral obtained, if deemed necessary, is based on management’s credit evaluation of the customer. Collateral held varies, but may include accounts receivable, inventory, property, plant and equipment, commercial real estate and residential real estate. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements, including commercial paper, bond financing and similar transactions. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. Forward sale commitments are commitments to sell groups of residential mortgage loans that the Company originates or purchases as part of its mortgage banking activities. The Company commits to sell the loans at specified prices in a future period, typically within forty-five days. These commitments are acquired to reduce market risk on mortgage loans in the process of origination and mortgage loans held-for-sales since the Company is exposed to interest rate risk during the period between issuing a loan commitment and the sales of the loan into the secondary market. Listed below is a summary of loan commitments, unused lines of credit and standby letters of credit as of December 31, 2020 and 2019. ($ in thousands) 2020 2019 Loan commitments and unused lines of credit $ 215,616 $ 187,855 Standby letters of credit 3,161 2,657 Totals $ 218,777 $ 190,512 There are various contingent liabilities that are not reflected in the consolidated financial statements, including claims and legal actions arising in the ordinary course of business. In the opinion of management, after consultation with legal counsel, the ultimate disposition of these matters is not expected to have a material effect on the Company’s consolidated financial condition or results of operations. The risk characteristics of each loan portfolio segment are as follows: Commercial & Industrial and Agricultural Commercial & industrial and agricultural loans are primarily based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not be as expected and the collateral securing these loans may fluctuate in value. Most commercial loans are secured by the assets being financed or other business assets, such as accounts receivable or inventory, and may include a personal guarantee. Short-term loans may be made on an unsecured basis. In the case of loans secured by accounts receivable, the availability of funds for the repayment of these loans may be substantially dependent on the ability of the borrower to collect amounts due from its customers. Commercial Real Estate (Owner and Nonowner Occupied) Commercial real estate loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial real estate lending typically involves higher loan principal amounts and the repayment of these loans is generally dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy. The characteristics of properties securing the Company’s commercial real estate portfolio are diverse, but with geographic location almost entirely in the Company’s market area. Management monitors and evaluates commercial real estate loans based on collateral, geography and risk grade criteria. In general, the Company avoids financing single purpose projects unless other underwriting factors are present to help mitigate risk. In addition, management tracks the level of owner-occupied commercial real estate versus non-owner-occupied loans. Construction loans are underwritten utilizing feasibility studies, independent appraisal reviews and financial analysis of the developers and property owners. Construction loans are generally based on estimates of costs and value associated with the completed project. These estimates may be inaccurate. Construction loans often involve the disbursement of substantial funds with repayment substantially dependent on the success of the ultimate project. Sources of repayment for these types of loans may be pre-committed permanent loans from approved long-term lenders, sales of developed property or an interim loan commitment from the Company until permanent financing is obtained. These loans are closely monitored by on-site inspections and are considered to have higher risks than other real estate loans due to their ultimate repayment being sensitive to interest rate changes, governmental regulation of real property, general economic conditions and the availability of long-term financing. Residential Real Estate, Home Equity Line of Credit (“HELOC”) and Consumer Residential and consumer loans consist of two segments – residential mortgage loans and personal loans. Residential mortgage loans are secured by 1-4 family residences and are generally owner-occupied, and the Company generally establishes a maximum loan-to-value ratio and requires private mortgage insurance if that ratio is exceeded. HELOCs are typically secured by a subordinate interest in 1-4 family residences, and consumer personal loans are secured by consumer personal assets, such as automobiles or recreational vehicles. Some consumer personal loans are unsecured, such as small installment loans and certain lines of credit. Repayment of these loans is primarily dependent on the personal income of the borrowers, which can be impacted by economic conditions in their market areas, such as unemployment levels. Repayment can also be impacted by changes in property values on residential properties. Risk is mitigated by the fact that these loans are of smaller individual amounts and spread over a large number of borrowers. The following tables present the balance of the allowance for loan and lease losses (“ALLL”) and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2020 and 2019: ($ in thousands) For the Twelve Months Ended December 31, 2020 Commercial Commercial Agricultural Residential Consumer Total Beginning balance $ 1,883 $ 3,602 $ 434 $ 2,203 $ 633 $ 8,755 Charge offs (582 ) - - (82 ) (79 ) (743 ) Recoveries 16 - - 40 6 62 Provision 1,757 1,849 62 373 459 4,500 Ending balance $ 3,074 $ 5,451 $ 496 $ 2,534 $ 1,019 $ 12,574 December 31, 2020 Commercial Commercial Agricultural Residential Consumer Total Allowance: Ending balance: individually evaluated for impairment $ - $ 174 $ - $ 160 $ 3 $ 337 Ending balance: collectively evaluated for impairment $ 3,074 $ 5,277 $ 496 $ 2,374 $ 1,016 $ 12,237 Totals $ 3,074 $ 5,451 $ 496 $ 2,534 $ 1,019 $ 12,574 Loans: Ending balance: individually evaluated for impairment $ 849 $ 2,202 $ - $ 2,746 $ 162 $ 5,959 Ending balance: collectively evaluated for impairment $ 203,918 $ 368,618 $ 55,235 $ 179,419 $ 60,995 $ 868,185 Totals $ 204,767 $ 370,820 $ 55,235 $ 182,165 $ 61,157 $ 874,144 ($ in thousands) Commercial Commercial Agricultural Residential Consumer Total Beginning balance $ 1,435 $ 2,923 $ 482 $ 2,567 $ 760 $ 8,167 Charge offs (143 ) - - (53 ) (63 ) (259 ) Recoveries 9 1 - 14 23 47 Provision (credit) 582 678 (48 ) (325 ) (87 ) 800 Ending balance $ 1,883 $ 3,602 $ 434 $ 2,203 $ 633 $ 8,755 December 31, 2019 Commercial Commercial real estate Agricultural Residential real estate Consumer Total Allowance: Ending balance: individually evaluated for impairment $ 511 $ 147 $ - $ 68 $ - $ 726 Ending balance: collectively evaluated for impairment $ 1,372 $ 3,455 $ 434 $ 2,135 $ 633 $ 8,029 Totals $ 1,883 $ 3,602 $ 434 $ 2,203 $ 633 $ 8,755 Loans: Ending balance: individually evaluated for impairment $ 1,722 $ 1,558 $ - $ 2,274 $ 31 $ 5,585 Ending balance: collectively evaluated for impairment $ 149,325 $ 365,224 $ 50,994 $ 190,885 $ 62,777 $ 819,205 Totals $ 151,047 $ 366,782 $ 50,994 $ 193,159 $ 62,808 $ 824,790 Credit Risk Profile The Company categorizes loans into risk categories (loan grades) based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis includes loans with an outstanding balance greater than $100,000 and non-homogeneous loans, such as commercial and commercial real estate loans. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings: Pass (grades 1 – 4): Special Mention (grade 5): Substandard (grade 6): Doubtful (grade 7): Loss (grade 8): The following tables present the credit risk profile of the Company’s loan portfolio based on rating category as of December 31, 2020 and 2019: ($ in thousands) Commercial & industrial Commercial real estate - owner occupied Commercial real estate - nonowner occupied Agricultural Residential real estate HELOC Consumer Total Pass (1 - 4) $ 202,543 $ 108,726 $ 250,405 $ 55,227 $ 178,575 $ 45,866 $ 14,807 $ 856,149 Special Mention (5) 1,485 2,993 3,338 - - - 14 7,830 Substandard (6) 151 - 3,026 8 3,560 444 26 7,215 Doubtful (7) 588 1,450 882 - 30 - - 2,950 Loss (8) - - - - - - - - Total Loans $ 204,767 $ 113,169 $ 257,651 $ 55,235 $ 182,165 $ 46,310 $ 14,847 $ 874,144 December 31, 2019 Commercial Commercial real estate - owner occupied Commercial real estate - nonowner occupied Agricultural Residential real estate HELOC Consumer Total Pass (1 - 4) $ 147,667 $ 96,836 $ 265,839 $ 50,994 $ 190,438 $ 47,787 $ 14,706 $ 814,267 Special Mention (5) 597 - 543 - - - - 1,140 Substandard (6) 1,444 290 1,663 - 2,689 283 32 6,401 Doubtful (7) 1,339 1,362 249 - 32 - - 2,982 Loss (8) - - - - - - - - Total Loans $ 151,047 $ 98,488 $ 268,294 $ 50,994 $ 193,159 $ 48,070 $ 14,738 $ 824,790 The Company evaluates the loan risk grading system definitions and allowance for loan loss methodology on an ongoing basis. The Company uses a five-year average of historical losses for the general component of the allowance for loan loss calculation. No significant changes were made to the loan risk grading system definitions and allowance for loan loss methodology during the periods presented. The following tables present the Company’s loan portfolio aging analysis as of December 31, 2020 and 2019: ($ in thousands) 30-59 Days 60-89 Days Greater Than Total Past Total Loans December 31, 2020 Past Due Past Due Past Due Due Current Receivable Commercial & industrial $ 380 $ - $ 618 $ 998 $ 203,769 $ 204,767 Commercial real estate - owner occupied - - 1,450 1,450 111,719 113,169 Commercial real estate - nonowner occupied - 141 699 840 256,811 257,651 Agricultural 8 - - 8 55,227 55,235 Residential real estate 12 1,393 1,212 2,617 179,548 182,165 HELOC 190 74 198 462 45,848 46,310 Consumer 123 42 20 185 14,662 14,847 Total Loans $ 713 $ 1,650 $ 4,197 $ 6,560 $ 867,584 $ 874,144 30-59 Days 60-89 Days Greater Than Total Past Total Loans December 31, 2019 Past Due Past Due Past Due Due Current Receivable Commercial & industrial $ 64 $ - $ 312 $ 376 $ 150,671 $ 151,047 Commercial real estate - owner occupied - - - - 98,488 98,488 Commercial real estate - nonowner occupied - - 215 215 268,079 268,294 Agricultural 13 - - 13 50,981 50,994 Residential real estate 309 415 644 1,368 191,791 193,159 HELOC 166 91 56 313 47,757 48,070 Consumer 65 93 14 172 14,566 14,738 Total Loans $ 617 $ 599 $ 1,241 $ 2,457 $ 822,333 $ 824,790 All loans past due 90 days are systematically placed on nonaccrual status. A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), when based on current information and events, it is probable that the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming commercial loans but also include loans modified in TDRs where concessions have been granted to borrowers experiencing financial difficulties. These concessions could include a reduction in the interest rate on the loan, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. The following tables present impaired loan activity for the twelve months ended December 31, 2020 and 2019: ($ in thousands) Recorded Unpaid Principal Related Average Recorded Interest Income December 31, 2020 Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial & industrial $ 849 $ 1,645 $ - $ 1,878 $ 50 Commercial real estate - owner occupied 1,441 1,441 - 1,573 11 Commercial real estate - nonowner occupied 182 182 - 258 14 Agricultural - - - - - Residential real estate 1,017 1,084 - 1,243 64 HELOC 89 89 98 4 Consumer 7 7 - 12 1 With a specific allowance recorded: Commercial & industrial - - - - - Commercial real estate - owner occupied - - - - - Commercial real estate - nonowner occupied 579 579 174 579 3 Agricultural - - - - - Residential real estate 1,729 1,774 160 1,785 14 HELOC 66 66 3 83 6 Consumer - - - - - Totals: Commercial & industrial $ 849 $ 1,645 $ - $ 1,878 $ 50 Commercial real estate - owner occupied $ 1,441 $ 1,441 $ - $ 1,573 $ 11 Commercial real estate - nonowner occupied $ 761 $ 761 $ 174 $ 837 $ 17 Agricultural $ - $ - $ - $ - $ - Residential real estate $ 2,746 $ 2,858 $ 160 $ 3,028 $ 78 HELOC $ 155 $ 155 $ 3 $ 181 $ 10 Consumer $ 7 $ 7 $ - $ 12 $ 1 ($ in thousands) Recorded Unpaid Principal Related Average Recorded Interest Income December 31, 2019 Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial & industrial $ 722 $ 1,092 $ - $ 1,377 $ 114 Commercial real estate - owner occupied - - - - - Commercial real estate - nonowner occupied 196 197 - 259 21 Agricultural - - - - - Residential real estate 1,621 1,687 - 2,001 106 HELOC 16 16 18 1 Consumer 15 15 - 19 1 With a specific allowance recorded: Commercial & industrial 1,000 1,000 511 823 49 Commercial real estate - owner occupied 1,362 1,362 147 1,362 38 Commercial real estate - nonowner occupied - - - - - Agricultural - - - - - Residential real estate 653 653 68 666 31 HELOC - - - - - Consumer - - - - - Totals: Commercial & industrial $ 1,722 $ 2,092 $ 511 $ 2,200 $ 163 Commercial real estate - owner occupied $ 1,362 $ 1,362 $ 147 $ 1,362 $ 38 Commercial real estate - nonowner occupied $ 196 $ 197 $ - $ 259 $ 21 Agricultural $ - $ - $ - $ - $ - Residential real estate $ 2,274 $ 2,340 $ 68 $ 2,667 $ 137 HELOC $ 16 $ 16 $ - $ 18 $ 1 Consumer $ 15 $ 15 $ - $ 19 $ 1 Impaired loans less than $100,000 are included in groups of homogenous loans. These loans are evaluated based on delinquency status. Interest income recognized on a cash basis does not materially differ from interest income recognized on an accrual basis. Troubled Debt Restructured (TDR) Loans TDRs are modified loans where a concession was provided to a borrower experiencing financial difficulties. Loan modifications are considered TDRs when the concessions provided are not available to the borrower through either normal channels or other sources. However, not all loan modifications are TDRs. TDR Concession Types The Company’s standards relating to loan modifications consider, among other factors, minimum verified income requirements, cash flow analysis, and collateral valuations. Each potential loan modification is reviewed individually and the terms of the loan are modified to meet a borrower’s specific circumstances at a point in time. All loan modifications, including those classified as TDRs, are reviewed and approved. The types of concessions provided to borrowers include: ● Interest rate reduction: A reduction of the stated interest rate to a nonmarket rate for the remaining original life of the debt. The Company also may grant interest rate concessions for a limited timeframe on a case by case basis. ● Amortization or maturity date change beyond what the collateral supports, including a change that does any of the following: (1) Lengthens the amortization period of the amortized principal beyond market terms. This concession reduces the minimum monthly payment and increases the amount of the balloon payment at the end of the term of the loan. Principal is generally not forgiven. (2) Reduces the amount of loan principal to be amortized. This concession also reduces the minimum monthly payment and increases the amount of the balloon payment at the end of the term of the loan. Principal is generally not forgiven. (3) Extends the maturity date or dates of the debt beyond what the collateral supports. This concession generally applies to loans without a balloon payment at the end of the term of the loan. In addition, there may be instances where renewing loans potentially require non-market terms and would then be reclassified as TDRs. ● Other: A concession that is not categorized as one of the concessions described above. These concessions include, but are not limited to: principal forgiveness, collateral concessions, covenant concessions, and reduction of accrued interest. Principal forgiveness may result from any TDR modification of any concession type. There were no new TDRs during the period ended December 31, 2020. The following table represents new TDR activity for the twelve months ended December 31, 2019: ($ in thousands) Number of Loans Pre-Modification Post Modification Commercial & industrial 3 $ 763 $ 763 Total modifications 3 $ 763 $ 763 Interest Total Only Term Combination Modification Commercial & industrial $ 150 $ 613 $ - $ 763 Total modifications $ 150 $ 613 $ - $ 763 There were no TDRs modified during the past twelve months that have subsequently defaulted. On March 22, 2020, a statement was issued by the Company’s bank regulators and titled the “Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus” (the “Interagency Statement”) that encourages financial institutions to work prudently with borrowers who are unable to meet the contractual payment obligations due to the effects of COVID-19. Additionally, Section 4013 of the CARES Act further provides that a qualified loan modification is exempt by law from classification as a troubled debt restructure as defined by GAAP, from the period beginning March 1, 2020 until the earlier of December 31, 2021 or the date that is 60 days after the date on which the national emergency concerning the COVID-19 outbreak under the National Emergencies Act (50 U.S.C. 1601 et seq.) terminates. As of December 31, 2020, the Company had nine loans with a total balance of $23.2 million still on payment deferral. The Company was an active participant in the Paycheck Protection Program (“PPP”) initiative as detailed in the discussion of financial results for 2020. The Company originated approximately 700 loans with a total balance of $83.6 million. As of December 31, 2020, $70.6 million in balances remained outstanding. Fees for the originations were $3.2 million of which $1.4 million was taken into income during 2020.

Accounting for Certain Loans Ac

Accounting for Certain Loans Acquired in a Transfer	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Accounting for Certain Loans Acquired in a Transfer	Note 6: Accounting for Certain Loans Acquired in a Transfer The Company acquired loans in the acquisition of The Edon State Bank Company of Edon, Ohio, effective June 5, 2020. None of the acquired loans had evidence of deterioration of credit quality since origination, and it was probable, at acquisition, that all contractually required payments would be collected. The following table presents the carrying amount of the acquired loans included in the balance sheet as of December 31, 2020: ($ in thousands) December 31, Commercial & industrial $ 1,499 Commercial real estate - owner occupied - Commercial real estate - nonowner occupied 505 Agricultural 9,180 Residential real estate 3,176 Home equity line of credit (HELOC) - Consumer 93 Total loans $ 14,453 Accretable yield, or income expected to be collected as of December 31, 2020 is $0.3 million.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note 7: Premises and Equipment Major classifications of premises and equipment stated at cost were as follows at December 31: ($ in thousands) 2020 2019 Land $ 3,996 $ 3,945 Buildings and improvements 26,743 26,953 Equipment 11,506 10,786 Construction in process 997 128 43,242 41,812 Less accumulated depreciation (19,685 ) (18,427 ) Net premises and equipment $ 23,557 $ 23,385

Goodwill and Intangibles

Goodwill and Intangibles	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangibles	Note 8: Goodwill and Intangibles On June 5, 2020, the Company acquired Edon Bancorp (“Edon”) and its subsidiary, The Edon State Bank Company of Edon, Ohio. The acquisition resulted in approximately $4.3 million in goodwill. On March 15, 2019, the Company formed SBFG Title, LLC (“Title”) and purchased all of the assets and real estate of an Ohio based title agency. The purchase resulted in approximately $1.4 million in goodwill. The balance of goodwill as of December 31, 2020 and December 31, 2019 was $22.1 million and $17.8 million, respectively. Twelve Twelve ($ in thousands) Carrying Amount Carrying Amount Beginning balance $ 17,792 $ 16,353 Acquired goodwill 4,325 1,439 Measurement period adjustments (26 ) - Ending balance $ 22,091 $ 17,792 Impairment exists when a reporting unit’s carrying value of goodwill exceeds its fair value. Goodwill is tested on the last day of the last quarter of each calendar year. At December 31, 2020, the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of the reporting unit exceeded its carrying value, including goodwill. The qualitative assessment indicated that it was more likely than not that the fair value of the reporting unit exceeded its carrying value, resulting in no impairment. Carrying basis and accumulated amortization of intangible assets were as follows at December 31: 2020 2019 Gross Carrying Accumulated Gross Carrying Accumulated ($ in thousands) Amount Amortization Amount Amortization Core deposits intangible $ 5,359 $ (4,735 ) $ 4,698 $ (4,692 ) Customer relationship intangible 200 (170 ) 200 (166 ) Banking intangibles $ 5,559 $ (4,905 ) $ 4,898 $ (4,858 ) Amortization expense for intangibles for the years ended December 31, 2020 and 2019 was $0.05 million and $0.01 million, respectively. Estimated amortization expense for each of the following five years is immaterial.

Mortgage Banking and Servicing

Mortgage Banking and Servicing Rights	12 Months Ended
	Dec. 31, 2020
Mortgage Servicing Rights [Abstract]
Mortgage Banking and Servicing Rights	Note 9: Mortgage Banking and Servicing Rights Mortgage loans serviced for others are not included in the accompanying balance sheets. The unpaid principal balance of mortgage loans serviced for others approximated $1.3 billion and $1.2 billion at December 31, 2020 and 2019, respectively. Contractually specified servicing fees of approximately $3.2 million and $2.6 million were included in mortgage loan servicing fees in the income statement for the years ended December 31, 2020 and 2019, respectively. The following table summarizes mortgage servicing rights capitalized and related amortization, along with activity in the related valuation allowance: ($ in thousands) 2020 2019 Carrying amount, beginning of year $ 11,017 $ 11,365 Mortgage servicing rights capitalized during the year 5,090 2,872 Mortgage servicing rights amortization during the year (4,762 ) (2,126 ) Net change in valuation allowance (3,586 ) (1,094 ) Carrying amount, end of year $ 7,759 $ 11,017 Valuation allowance: Beginning of year $ 1,306 $ 212 Increase (reduction) 3,586 1,094 End of year $ 4,892 $ 1,306 Fair value, beginning of period $ 11,864 $ 12,672 Fair value, end of period $ 7,759 $ 11,864

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Note 10: Derivative Financial Instruments The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company manages its exposures to a wide variety of business and operational risks primarily through management of its core business activities. The Company manages economic risks, including interest rate, liquidity and credit risk, primarily by managing the amount, sources and duration of its assets and liabilities and through the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing and duration of the Company’s known or expected cash payments principally related to certain variable-rate assets. The Company does not use derivatives for trading or speculative purposes. Derivatives not designated as hedges are not speculative and result from a service the Company provides to certain customers. The Company executes interest rate swaps with commercial banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third party, such that the Company minimizes its net risk exposure resulting from such transactions. As the interest rate swaps associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. Additionally, the Company enters into forward contracts for the future delivery of mortgage loans to third-party investors and enters into IRLCs with potential borrowers to fund specific mortgage loans that will be sold into the secondary market. The forward contracts that are entered into, economically hedge the effect of changes in interest rates resulting from the Company’s commitment to fund the loans. The IRLCs and forward contracts are not designated as accounting hedges and are recorded at fair value with changes in fair value reflected in noninterest income on the consolidated statements of income. The fair value of derivative instruments with a positive fair value are reported in accrued income and other assets in the consolidated balance sheets, while derivative instruments with a negative fair value are reported in accrued expenses and other liabilities in the consolidated balance sheets. The table below presents the notional amount and fair value of the Company’s interest rate swaps, IRLCs and forward contracts utilized as of December 31, 2020 and 2019. December 31, 2020 December 31, 2019 Notional Fair Notional Fair ($ in thousands) Amount Value Amount Value Asset Derivatives Derivatives not designated as hedging instruments Interest rate swaps associated with loans $ 87,687 $ 7,962 $ 82,826 $ 2,846 IRLCs 46,130 278 16,347 55 Total contracts $ 133,817 $ 8,240 $ 99,173 $ 2,901 Liability Derivatives Derivatives not designated as hedging instruments Interest rate swaps associated with loans $ 87,687 $ (7,962 ) $ 82,826 $ (2,846 ) Forward contracts 50,000 (265 ) 22,000 (32 ) Total contracts $ 137,687 $ (8,227 ) $ 104,826 $ (2,878 ) The fair value of interest rate swaps were estimated using a discounted cash flow method that incorporates current market interest rates as of the balance sheet date. Fair values of IRLCs and forward contracts were estimated using changes in mortgage interest rates from the date the Company entered into the IRLC and the balance sheet date. The following table presents the amounts included in the consolidated statements of income for non-hedging derivative financial instruments for the twelve months ended December 31, 2020 and 2019. Amount of gain (loss) ($ in thousands) Statement of income classification 2020 2019 Interest rate swap contracts Other income $ 355 $ 513 Interest rate swap contracts Other expense - (41 ) IRLCs Gain on sale of mortgage loans & OMSR 223 (28 ) Forward contracts Gain on sale of mortgage loans & OMSR (233 ) 81 The following table shows the offsetting of financial assets and derivative assets at December 31, 2020 and 2019. Gross Gross amounts offset in the Net amounts of assets Gross amounts not offset in the consolidated balance sheet ($ in thousands) amounts of consolidated the consolidated Financial Cash Net amount December 31, 2020 Interest rate swaps $ 7,962 $ - $ 7,962 $ - $ - $ 7,962 December 31, 2019 Interest rate swaps $ 2,901 $ 55 $ 2,846 $ - $ - $ 2,846 The following table shows the offsetting of financial liabilities and derivative liabilities at December 31, 2020 and 2019. Gross Gross amounts offset in the Net amounts of liabilities presented in Gross amounts not offset in the consolidated balance sheet ($ in thousands) amounts of consolidated the consolidated Financial Cash Net amount December 31, 2020 Interest rate swaps $ 7,962 $ - $ 7,962 $ - $ 8,896 $ (934 ) December 31, 2019 Interest rate swaps $ 2,901 $ 55 $ 2,846 $ - $ 3,242 $ (396 )

Interest-Bearing Deposits

Interest-Bearing Deposits	12 Months Ended
	Dec. 31, 2020
Interest-Bearing Deposits [Abstract]
Interest-Bearing Deposits	Note 11: Interest-Bearing Deposits Interest-bearing time deposits in denominations of $250,000 or more totaled $27.8 million on December 31, 2020 and $36.2 million on December 31, 2019. Certificates of deposit obtained from brokers totaled approximately $5.0 million and $5.2 million at December 31, 2020 and 2019, respectively, and mature in 2021. At December 31, 2020, the scheduled maturities of time deposits were as follows: ($ in thousands) 2021 $ 156,761 2022 47,518 2023 18,399 2024 4,338 2025 2,351 Thereafter 182 Total $ 229,549 Included in time deposits at December 31, 2020 and 2019 were $73.1 million and $88.3 million, respectively, of deposits which were obtained through the Certificate of Deposit Account Registry Service (“CDARS”). This service allows deposit customers to maintain fully insured balances in excess of the $250,000 FDIC limit without the inconvenience of having multi-banking relationships. Under the reciprocal program that the Company is currently participating in, customers agree to allow their deposits to be placed with other participating banks in the CDARS program in insurable amounts under $250,000. In exchange, other banks in the program agree to place their deposits with the Company also in insurable amounts under $250,000.

Short-Term Borrowings

Short-Term Borrowings	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Short-Term Borrowings	Note 12: Short-Term Borrowings ($ in thousands) 2020 2019 Securities Sold Under Repurchase Agreements $ 20,189 $ 12,945 The Company has retail repurchase agreements to facilitate cash management transactions with commercial customers. Securing these obligations are agency securities of $10.7 million and $4.5 million for 2020 and 2019, respectively, and mortgage-backed securities of $17.5 million and $15.0 million for 2020 and 2019, respectively, which are held at FHLB. This collateral has maturities from 2022 through 2061. At December 31, 2020, these repurchase agreements totaled $20.2 million. The maximum amount of outstanding agreements at any month end during 2020 and 2019 totaled $25.6 million and $22.7 million, respectively, and the monthly average of such agreements totaled $20.8 million and $15.3 million, respectively. The repurchase agreements mature within one month. The Company has borrowing capabilities at the Federal Reserve Discount Window by pledging either securities or loans as collateral. As of December 31, 2020, there was no collateral pledged or borrowings drawn at the Discount Window. The Company participated in the PPP initiative and also has the ability to borrow from the Federal Reserve’s special purpose Paycheck Protection Program Liquidity Facility (“PPPLF”) for additional funding. At December 31, 2020, the Company had no borrowings from the PPPLF. At December 31, 2020 and December 31, 2019, the Company had $41.0 million in federal funds lines, of which none were drawn.

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances	12 Months Ended
	Dec. 31, 2020
Federal Home Loan Bank Advances [Abstract]
Federal Home Loan Bank Advances	Note 13: Federal Home Loan Bank Advances The FHLB advances were secured by $147.1 million in mortgage loans at December 31, 2020. Advances, at interest rates from 2.77 to 2.93 percent, are subject to restrictions or penalties in the event of prepayment. Aggregate annual maturities of FHLB advances at December 31, 2020, were: ($ in thousands) Debt 2021 $ 2,500 2022 3,000 2023 2,500 Total $ 8,000

Trust Preferred Securities

Trust Preferred Securities	12 Months Ended
	Dec. 31, 2020
Trust Preferred Securities [Abstract]
Trust Preferred Securities	Note 14: Trust Preferred Securities On September 15, 2005, RST II, a wholly-owned subsidiary of the Company, closed a pooled private offering of 10,000 Capital Securities with a liquidation amount of $1,000 per security. The proceeds of the offering were loaned to the Company in exchange for junior subordinated debentures with terms similar to the Capital Securities. Distributions on the Capital Securities are payable quarterly at a variable rate that is based upon the 3-month LIBOR plus 1.80 percent and are included in interest expense in the consolidated financial statements. These securities may be included in Tier 1 capital and may be prepaid at anytime without penalty (with certain limitations applicable) under current regulatory guidelines and interpretations. The balance of the Capital Securities as of December 31, 2020 and 2019 was $10.3 million, with a maturity date of September 15, 2035.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 15: Income Taxes The provision for income taxes includes these components: For The Year Ended ($ in thousands) 2020 2019 Taxes currently payable $ 5,939 $ 2,938 Deferred provision (2,444 ) (279 ) Income tax expense $ 3,495 $ 2,659 A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown below: For The Year Ended ($ in thousands) 2020 2019 Computed at the statutory rate (21%) $ 3,872 $ 3,073 Increase (decrease) resulting from Tax exempt interest (91 ) (113 ) BOLI income (65 ) (71 ) Stock compensation (39 ) (45 ) Other (182 ) (185 ) Actual tax expense $ 3,495 $ 2,659 The tax effects of temporary differences related to deferred taxes shown on the balance sheets are: For The Year Ended ($ in thousands) 2020 2019 Deferred tax assets Allowance for loan losses $ 2,641 $ 1,838 Net deferred loan fees 298 53 Section 475 MTM 645 209 Accrued bonus 375 192 Other 714 258 4,673 2,550 Deferred tax liabilities Depreciation (1,168 ) (1,009 ) Mortgage servicing rights (1,668 ) (2,378 ) Unrealized gains on available-for-sale securities (587 ) (175 ) Purchase accounting adjustments (1,628 ) (1,227 ) Prepaids (465 ) (447 ) FHLB stock dividends (288 ) (288 ) (5,804 ) (5,524 ) Net deferred tax liability $ (1,131 ) $ (2,974 )

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Accumulated Other Comprehensive Income	Note 16: Accumulated Other Comprehensive Income The following table presents reclassifications out of accumulated other comprehensive income related to unrealized gains and losses on available-for-sale securities for the two years ending December 31: ($ in thousands) 2020 2019 Affected Line Item in Income Statement Realized gains included in net income $ - $ 206 Gains on investment securities - 206 Income before income taxes Tax effect - (43 ) Provision for income taxes Net of Tax $ - $ 163 Net income

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2020
Regulatory Matters [Abstract]
Regulatory Matters	Note 17: Regulatory Matters As of December 31, 2020, based on its call report computations, State Bank was classified as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, State Bank must maintain capital ratios as set forth in the table below. There are no conditions or events since December 31, 2020 that management believes have changed State Bank’s capital classification. State Bank’s actual capital amounts and ratios are presented in the following table. Capital levels are presented for the State Bank only as the Company is exempt from quarterly reporting at the holding company level: Actual For Capital Adequacy Purposes To Be Well Capitalized ($ in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Tier I Capital to average assets $ 119,480 9.94 % $ 48,099 4.0 % $ 60,123 5.0 % Tier I Common equity capital to risk-weighted assets 119,480 12.91 % 41,651 4.5 % 60,162 6.5 % Tier I Capital to risk-weighted assets 119,480 12.91 % 55,534 6.0 % 74,046 8.0 % Total Risk-based capital to risk-weighted assets 131,062 14.16 % 74,046 8.0 % 92,557 10.0 % As of December 31, 2019 Tier I Capital to average assets $ 116,884 11.36 % $ 41,165 4.0 % $ 51,456 5.0 % Tier I Common equity capital to risk-weighted assets 116,884 12.46 % 42,204 4.5 % 60,962 6.5 % Tier I Capital to risk-weighted assets 116,884 12.46 % 56,273 6.0 % 75,030 8.0 % Total Risk-based capital to risk-weighted assets 125,639 13.40 % 75,030 8.0 % 93,788 10.0 % The above minimum capital requirements exclude the capital conservation buffer required to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers. The capital conservation buffer was 2.50 percent at December 31, 2020. The net unrealized gain or loss on available-for-sale securities is not included in computing regulatory capital. Management believes as of December 31, 2020, State Bank met all capital adequacy requirements to which they are subject.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2020
Employee Benefits [Abstract]
Employee Benefits	Note 18: Employee Benefits The Company has instituted a long-term incentive program, with the objective of rewarding senior management with restricted shares of the Company, in addition to the existing stock option program (see Note 19 to the Consolidated Financial Statements). The Company has a retirement savings 401(k) plan covering substantially all employees. The Company contributes a safe harbor matching contribution equal to 100% of an employees’ salary deferral amounts up to 4% of the employees’ eligible compensation. Employees are immediately vested in their voluntary contributions and in any Company safe harbor matching contributions. Any discretionary contribution made by the Company is fully vested after three years of credited service. Employer contributions charged to expense for 2020 and 2019 were $0.7 million and $0.6 million, respectively. Also, the Company has Supplemental Executive Retirement Plan (“SERP”) Agreements with certain active and retired officers. The agreements provide monthly payments for up to 15 years that equal 15 percent to 25 percent of average compensation prior to retirement or death. The charges to expense for the current agreements were $0.3 million and $0.3 million for 2020 and 2019, respectively. Additional life insurance is provided to certain officers through a bank-owned life insurance policy (“BOLI”). By way of a separate split-dollar agreement, the policy interests are divided between the Company and the insured’s beneficiary. The Company owns the policy cash value and a portion of the policy net death benefit, over and above the cash value assigned to the insured’s beneficiary. The cash surrender value of all life insurance policies totaled $17.5 million and $17.2 million at December 31, 2020 and 2019, respectively. The Company has a noncontributory employee stock ownership plan (“ESOP”) covering substantially all employees of the Company and its subsidiaries. Voluntary contributions are made by the Company to the plan. Each eligible employee is vested based upon years of service, including prior years of service. The Company’s contributions to the account of each employee become fully vested after three years of service. Benefit expense for the value of the stock purchased is recorded equal to the fair market value of the stock when contributions, which are determined annually by the Board of Directors of the Company, are made to the ESOP. Allocated shares in the ESOP at December 31, 2020 and 2019, were 412,402 and 415,286, respectively. Dividends on allocated shares are recorded as dividends and charged to retained earnings. Compensation expense is recorded equal to the fair market value of the stock when contributions, which are determined annually by the Board of Directors of the Company, are made to the ESOP. ESOP expense for the years ended December 31, 2020 and 2019 was $0.2 million and $0.0 million, respectively.

Share Based Compensation Plan

Share Based Compensation Plan	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Share Based Compensation Plan	Note 19: Share Based Compensation Plan In April 2017, the shareholders approved a new share-based incentive compensation plan, the SB Financial Group, Inc. 2017 Stock Incentive Plan (the “2017 Plan”), which replaced the Company’s 2008 Stock Incentive Plan. This plan permits the grant or award of incentive stock options, nonqualified stock options, stock appreciation rights (“SAR’s”), restricted stock, and restricted stock units (“RSU’s”) for up to 500,000 Common Shares of the Company. The Company’s 2008 Stock Incentive Plan (the “2008 Plan”), which was approved by the shareholders in April 2008, permitted the grant or award of incentive stock options, nonqualified stock options, stock appreciation rights, and restricted stock for up to 250,000 Common Shares of the Company. The 2008 and 2017 Plans are intended to advance the interests of the Company and its shareholders by offering employees, directors and advisory board members of the Company and its subsidiaries an opportunity to acquire or increase their ownership interest in the Company through grants of equity-based awards. The 2008 and 2017 Plans permit equity-based awards to be used to attract, motivate, reward and retain highly competent individuals upon whose judgment, initiative, leadership and efforts are key to the success of the Company by encouraging those individuals to become shareholders of the Company. Option awards are granted with an exercise price equal to the market price of the Company’s stock at the date of grant and those option awards vest based on 5 years of continuous service and have 10-year contractual terms. The fair value of each option award is estimated on the date of grant using the Black-Scholes valuation model. No options were granted in 2020 or 2019. There was no compensation expense charged against income with respect to option awards under the Plans for 2020 or 2019. A summary of incentive stock option activity under the 2008 and 2017 Plans as of December 31, 2020 and changes during the year ended is presented below: Shares Weighted-Average Exercise Price Weighted-Average Remaining Term Aggregate Intrinsic Value Outstanding, beginning of year 28,250 $ 6.98 Granted - - Exercised (26,950 ) 6.98 Forfeited - - Expired (1,300 ) 6.98 Outstanding, end of year - $ - - $ - Exercisable, end of year - $ - - $ - During 2020, the 26,950 option shares exercised had a total intrinsic value of $0.3 million and the cash received from these exercised options was $0.2 million. The tax benefit from these transactions was immaterial. As of December 31, 2020, there was no unrecognized compensation cost related to incentive option share-based compensation arrangements granted under the 2008 Plan. The Long Term Incentive (“LTI”) Plan awards restricted stock in the Company to certain key executives under the 2008 and 2017 Plans. These restricted stock awards vest over a four-year period and are intended to assist the Company in retention of key executives. During 2020 and 2019, the Company met certain performance targets and restricted stock awards were approved by the Board. The compensation cost charged against income for the LTI Plan was $0.4 million and $0.4 million for 2020 and 2019, respectively. The total income tax benefit recognized in the income statement for share-based compensation arrangements was $0.1 million and $0.1 million for 2020 and 2019, respectively. A summary of restricted stock activity under the Company’s LTI Plan as of December 31, 2020 (issued under both the 2008 and 2017 plan) and changes during the year ended is presented below: Shares Weighted-Average Value per Share Nonvested, beginning of year 43,741 $ 17.41 Granted 16,442 19.57 Vested (22,451 ) 17.18 Forfeited (2,954 ) 18.01 Nonvested, end of year 34,778 $ 18.52 As of December 31, 2020, there was $0.4 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements related to the restricted stock awards under the 2008 and 2017 Plans which were granted in accordance with the LTI Plan. That cost is expected to be recognized over a weighted-average period of 1.66 years.

Preferred Stock

Preferred Stock	12 Months Ended
	Dec. 31, 2020
Disclosure Text Block Supplement [Abstract]
Preferred Stock	Note 20: Preferred Stock On December 23, 2014, the Company completed its public offering of 1,500,000 depositary shares, each representing a 1/100th ownership interest in a 6.50 percent Noncumulative Convertible Perpetual Preferred Share, Series A (“Series A Preferred Shares”), of the Company with a liquidation preference of $1,000 per share (equivalent to $10.00 per depositary shares). The Company sold the maximum of 1,500,000 depositary shares in the offering, resulting in gross proceeds to the Company of $15.0 million. Net proceeds to the Company after all expenses related to the offering were $14.0 million. On December 26, 2019, the Company exercised its right to convert all of its Series A Preferred Shares and all of its depositary shares, representing interests in the Series A Preferred Shares, into common shares, no par value, of the Company (“Common Shares”) in accordance with the terms of the Series A Preferred Shares and depositary shares. Each outstanding Series A Preferred Share converted into the right to receive 990 Common Shares, and each outstanding depositary share converted into the right to receive 0.9908093 Common Shares based on the December 26 th The Company paid its last dividend on the depositary shares (and underlying Series A Preferred Shares) on December 15, 2019. No further dividends were accrued, declared or paid on the depositary shares or underlying Series A Preferred Shares following the December 26, 2019 Conversion Date.

Disclosures About Fair Value of

Disclosures About Fair Value of Assets and Liabilities	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Disclosures About Fair Value of Assets and Liabilities	Note 21: Disclosures About Fair Value of Assets and Liabilities Pursuant to ASC 820, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three level hierarchy exists in ASC 820 for fair value measurements based upon the inputs to the valuation of an asset or liability: Level 1: Level 2: Level 3: Following is a description of the valuation methodologies, inputs used for assets measured at fair value on a recurring basis, recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. Available-for-sale securities The fair value of available-for-sale securities are determined by various valuation methodologies. Level 2 securities include U.S. government agencies, mortgage-backed securities, obligations of political and state subdivisions, and corporate securities. Level 2 inputs do not include quoted prices for individual securities in active markets; however, they do include inputs that are either directly or indirectly observable for the individual security being valued. Such observable inputs include interest rates and yield curves at commonly quoted intervals, volatilities, prepayment speeds, credit risks and default rates. Also included are inputs derived principally from or corroborated by observable market data by correlation or other means. Interest rate contracts The fair values of interest rate contracts are based upon the estimated amount the Company would receive or pay to terminate the contracts or agreements, taking into account underlying interest rates, creditworthiness of underlying customers for credit derivatives and, when appropriate, the creditworthiness of the counterparties. Forward contracts The fair values of forward contracts on to-be-announced securities are determined using quoted prices in active markets, or benchmarked thereto (Level 1). Interest Rate Lock Commitments The fair value of IRLCs are determined using the projected sale price of individual loans based on changes in the market interest rates, projected pull-through rates (the probability that an IRLC will ultimately result in an originated loan), the reduction in the value of the applicant’s option due to the passage of time, and the remaining origination costs to be incurred based on management’s estimate of market costs (Level 3). The following table presents the fair value measurements of securities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fell at December 31, 2020 and 2019: ($ in thousands) Fair Values at 12/31/2020 (Level 1) (Level 2) (Level 3) U.S. Treasury and Government Agencies $ 6,864 $ - $ 6,864 $ - Mortgage-backed securities 127,761 - 127,761 - State and political subdivisions 12,275 - 12,275 - Other corporate securities 2,506 - 2,506 - Interest rate contracts - assets 7,962 - 7,962 - Interest rate contracts - liabilities (7,962 ) - (7,962 ) - Forward contracts (265 ) (265 ) - - IRLCs 278 - - 278 ($ in thousands) Fair Values at 12/31/2019 (Level 1) (Level 2) (Level 3) U.S. Treasury and Government Agencies $ 12,202 $ - $ 12,202 $ - Mortgage-backed securities 78,182 - 78,182 - State and political subdivisions 10,564 - 10,564 - Interest rate contracts - assets 2,846 - 2,846 - Interest rate contracts - liabilities (2,846 ) - (2,846 ) - Forward contracts (32 ) (32 ) - - IRLCs 55 - - 55 Level 1 - quoted prices in active markets for identical assets Level 2 - significant other observable inputs Level 3 - significant unobservable inputs The following is a description of the valuation methodologies and inputs used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. Collateral-dependent Impaired Loans, Net of ALLL Loans for which it is probable the Company will not collect all principal and interest due according to contractual terms are measured for impairment. The estimated fair value of collateral-dependent impaired loans is based on the appraised value of the collateral, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 of the fair value hierarchy. This method requires obtaining independent appraisals of the collateral from a list of preapproved appraisers, which are reviewed for accuracy and consistency by the Company. The appraised values are reduced by applying a discount factor to the value based on the Company’s loan review policy. All impaired loans held by the Company were collateral dependent at December 31, 2020 and 2019. Mortgage Servicing Rights Mortgage servicing rights do not trade in an active, open market with readily observable prices. Accordingly, fair value is estimated using discounted cash flow models associated with the servicing rights and discounting the cash flows using discount market rates, prepayment speeds and default rates. The servicing portfolio has been valued using all relevant positive and negative cash flows including servicing fees, miscellaneous income and float; marginal costs of servicing; the cost of carry of advances; and foreclosure losses; and applying certain prevailing assumptions used in the marketplace. Due to the nature of the valuation inputs, mortgage servicing rights are classified within Level 3 of the hierarchy. These mortgage servicing rights are tested for impairment on a quarterly basis. The following table presents the fair value measurements of assets measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements fell at December 31, 2020 and 2019: ($ in thousands) Fair values at (Level 1) (Level 2) (Level 3) Impaired loans $ 3,544 $ - $ - $ 3,544 Mortgage servicing rights 7,759 - - 7,759 ($ in thousands) Fair values at (Level 1) (Level 2) (Level 3) Impaired loans $ 2,527 $ - $ - $ 2,527 Mortgage servicing rights 5,084 - - 5,084 Level 1 - quoted prices in active markets for identical assets Level 2 - significant other observable inputs Level 3 - significant unobservable inputs Unobservable (Level 3) Inputs The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements at December 31, 2020 and 2019: Fair value at Valuation Range (weighted- ($ in thousands) 31-12-2020 technique Unobservable inputs average) Collateral-dependent impaired loans $ 3,544 Market comparable properties Comparability adjustments (%) 0 - 43% (22 )% Mortgage servicing rights 7,759 Discounted cash flow Discount Rate 8.28 % Constant prepayment rate 20.87 % P&I earnings credit 0.14 % T&I earnings credit 0.24 % Inflation for cost of servicing 1.50 % IRLCs 278 Discounted cash flow Loan closing rates 49% - 100 % Fair Value at Valuation Range (weighted- ($ in thousands) 31-12-2019 technique Unobservable inputs average) Collateral-dependent impaired loans $ 2,527 Market comparable properties Comparability adjustments (%) 2 - 62% (28 )% Mortgage servicing rights 5,084 Discounted cash flow Discount Rate 9.36 % Constant prepayment rate 10.19 % P&I earnings credit 1.78 % T&I earnings credit 1.93 % Inflation for cost of servicing 1.50 % IRLCs 55 Discounted cash flow Loan closing rates 66% - 100 % The mortgage servicing rights portfolio is measured for fair value by an independent third party. The valuation of the portfolio hinges on a number of quantitative factors. These factors include, but are not limited to, a discount rate applied to the cash flows, and an assumption of future principal prepayments. The prepayment assumptions are based upon the historical performance of the Company’s portfolio as well as market metrics. With interest rates decreasing during 2020, the mortgage servicing rights have decreased in value. The servicing rights have had an increase in prepayments and the 10.68 percent increase in the constant prepayment rate reflects the change in market rates. In addition, the earnings credit rates decreased as did the discount rate. The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying balance sheets at amounts other than fair value. Cash and Due From Banks, Interest Bearing Time Deposits, Federal Reserve and Federal Home Loan Bank Stock and Interest Receivable and Payable Fair value is determined to be the carrying amount for these items (which include cash on hand, due from banks, and federal funds sold) because they represent cash or mature in 90 days or less, and do not represent unanticipated credit concerns. Loans Held for Sale The fair value of loans held for sale is based upon quoted market prices, where available, or is determined by discounting estimated cash flows using interest rates approximating the Company’s current origination rates for similar loans and adjusted to reflect the inherent credit risk. Loans The estimated fair value of loans follows the guidance in ASU 2016-01, which prescribes an “exit price” approach in estimating and disclosing fair value of financial instruments. The fair value calculation at that date discounted estimated future cash flows using rates that incorporated discounts for credit, liquidity, and marketability factors. Deposits, Repurchase Agreements & FHLB Advances Deposits include demand deposits, savings accounts and certain money market deposits. The carrying amount approximates the fair value. The estimated fair value for fixed-maturity time deposits, as well as borrowings, is based on estimates of the rate the Company could pay on similar instruments with similar terms and maturities at December 31, 2020 and 2019. Loan Commitments The fair value of commitments is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. The estimated fair values for other financial instruments and off-balance-sheet loan commitments approximate cost at December 31, 2020 and 2019 and are not considered significant to this presentation. Trust Preferred Securities The fair value for Trust Preferred Securities is estimated by discounting the cash flows using an appropriate discount rate. The following table presents estimated fair values of the Company’s financial instruments. The fair values of certain instruments were calculated by discounting expected cash flows, which involves significant judgments by management and uncertainties. Fair value is the estimated amount at which financial assets or liabilities could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Because no market exists for these financial instruments, and because management does not intend to sell these financial instruments, the Company does not know whether the fair values shown below represent values at which the respective financial instruments could be sold individually or in the aggregate. ($ in thousands) Carrying Fair Fair value measurements using December 31, 2020 amount value (Level 1) (Level 2) (Level 3) Financial assets Cash and due from banks $ 140,690 $ 140,690 $ 140,690 $ - $ - Interest bearing time deposits 5,823 5,823 - 5,823 - Loans held for sale 7,234 7,508 - 7,508 - Loans, net of allowance for loan losses 860,149 853,294 - - 853,294 Federal Reserve and FHLB Bank stock, at cost 5,303 5,303 - 5,303 - Interest receivable 3,799 3,799 - 3,799 - Financial liabilities Deposits $ 1,049,011 $ 1,050,558 $ 819,462 $ 231,096 $ - Short term borrowings 20,189 20,189 - 20,189 - FHLB advances 8,000 8,257 - 8,257 - Trust preferred securities 10,310 8,394 - 8,394 - Interest payable 616 616 - 616 - ($ in thousands) Carrying Fair Fair value measurements using December 31, 2019 amount value (Level 1) (Level 2) (Level 3) Financial assets Cash and due from banks $ 27,064 $ 27,064 $ 27,064 $ - $ - Loans held for sale 7,258 7,419 - 7,419 - Loans, net of allowance for loan losses 816,755 804,808 - - 804,808 Federal Reserve and FHLB Bank stock, at cost 4,648 4,648 - 4,648 - Interest receivable 3,106 3,106 - 3,106 - Financial liabilities Deposits $ 840,219 $ 840,272 $ 582,466 $ 257,806 $ - Repurchase agreements 12,945 12,945 - 12,945 - FHLB advances 16,000 16,149 - 16,149 - Trust preferred securities 10,310 9,201 - 9,201 - Interest payable 1,191 1,191 - 1,191 -

Parent Company Financial Inform

Parent Company Financial Information	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]
Parent Company Financial Information	Note 22: Parent Company Financial Information Presented below is condensed financial information of the parent company only: Condensed Balance Sheets ($ in thousands) 2020 2019 Assets Cash & cash equivalents $ 2,178 $ 7,457 Investment in banking subsidiaries 143,244 134,244 Investment in nonbanking subsidiaries 5,617 4,883 Other assets 3,229 192 Total assets $ 154,268 $ 146,776 Liabilities Trust preferred securities $ 10,000 $ 10,000 Borrowings from nonbanking subsidiaries 310 310 Other liabilities & accrued interest payable 1,035 372 Total liabilities 11,345 10,682 Stockholders’ equity 142,923 136,094 Total liabilities and stockholders’ equity $ 154,268 $ 146,776 Condensed Statements of Income ($ in thousands) 2020 2019 Dividends from subsidiaries: Banking subsidiaries $ 24,025 $ 6,000 Nonbanking subsidiaries - 575 Total income 24,025 6,575 Expenses Interest expense 256 414 Other expense 2,950 1,773 Total expenses 3,206 2,187 Income before income tax 20,819 4,388 Income tax benefit (712 ) (508 ) Income before equity in undistributed income of subsidiaries 21,531 4,896 Equity in undistributed income of subsidiaries Banking subsidiaries (8,071 ) 6,526 Nonbanking subsidiaries 1,484 551 Total (6,587 ) 7,077 Net income 14,944 11,973 Preferred stock dividends - 950 Net income available to common shareholders $ 14,944 $ 11,023 Condensed Statements of Comprehensive Income ($ in thousands) 2020 2019 Net income $ 14,944 $ 11,973 Other comprehensive income: Available-for-sale investment securities: Gross unrealized holding gain (loss) arising in the period 1,963 1,327 Related tax (expense) benefit (412 ) (279 ) Less: reclassification adjustment for gain realized in income - 206 Related tax expense - (43 ) Net effect on other comprehensive income 1,551 1,211 Total comprehensive income $ 16,495 $ 13,184 Condensed Statements of Cash Flows ($ in thousands) 2020 2019 Operating activities Net income $ 14,944 $ 11,973 Items not requiring (providing) cash Equity in undistributed net income of subsidiaries 6,587 (7,077 ) Stock compensation expense 382 417 Other assets (2,287 ) 32 Other liabilities 663 (884 ) Net cash provided by operating activities 20,289 4,461 Investing activities Capital contributed to banking subsidiary (15,520 ) - Capital contributed to nonbanking subsidiary - (3,100 ) Net cash used in investing activities (15,520 ) (3,100 ) Financing activities Dividends on common shares (3,070 ) (2,331 ) Dividends on preferred shares - (950 ) Proceeds from issuance of common shares - 139 Conversion of preferred shares - (1 ) Proceeds from share-based compensation plans 188 251 Repurchase of common shares (7,166 ) (5,050 ) Net cash used in financing activities (10,048 ) (7,942 ) Net change in cash and cash equivalents (5,279 ) (6,581 ) Cash and cash equivalents at beginning of year 7,457 14,038 Cash and cash equivalents at end of year $ 2,178 $ 7,457

Quarterly Financial Information

Quarterly Financial Information	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	Note 23: Quarterly Financial Information Quarterly Financial Information (unaudited) Years ended December 31, ($ in thousands, except per share data) 2020 December September June March Interest income $ 10,589 $ 10,807 $ 10,595 $ 10,644 Interest expense 1,338 1,548 1,723 2,096 Net interest income 9,251 9,259 8,872 8,548 Provision for loan losses 800 1,800 1,300 600 Noninterest income 8,902 10,418 8,615 2,161 Noninterest expense 10,684 11,335 11,662 9,406 Income tax expense 1,311 1,292 870 22 Net income 5,358 5,250 3,655 681 Preferred share dividend - - - - Net income available to common $ 5,358 $ 5,250 $ 3,655 $ 681 Basic earnings per common share $ 0.71 $ 0.69 $ 0.47 $ 0.09 Diluted earnings per common share $ 0.71 $ 0.69 $ 0.47 $ 0.09 Dividends per share $ 0.105 $ 0.100 $ 0.100 $ 0.095 2019 December September June March Interest income $ 11,205 $ 11,546 $ 11,151 $ 10,498 Interest expense 2,609 2,488 2,319 2,158 Net interest income 8,596 9,058 8,832 8,340 Provision for loan losses 300 300 200 - Noninterest income 5,959 5,366 3,691 3,000 Noninterest expense 10,176 9,500 9,108 8,626 Income tax expense 721 862 588 488 Net income 3,358 3,762 2,627 2,226 Preferred share dividend 230 233 243 244 Net income available to common $ 3,128 $ 3,529 $ 2,384 $ 1,982 Basic earnings per common share $ 0.48 $ 0.55 $ 0.37 $ 0.31 Diluted earnings per common share $ 0.42 $ 0.48 $ 0.33 $ 0.28 Dividends per share $ 0.095 $ 0.090 $ 0.090 $ 0.085

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Organization and Nature of Operations	Organization and Nature of Operations SB Financial Group, Inc. (the “Company”) is a financial holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, The State Bank and Trust Company (“State Bank”), SBFG Title, LLC dba Peak Title Agency (“SBFG Title”), SB Captive, Inc. (“SB Captive”), RFCBC, Inc. (“RFCBC”), Rurbanc Data Services, Inc. dba RDSI Banking Systems (“RDSI”), and Rurban Statutory Trust II (“RST II”). State Bank owns all the outstanding stock of Rurban Mortgage Company (“RMC”), and State Bank Insurance, LLC (“SBI”). The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. The Company is subject to competition from other financial institutions, and regulated by certain federal and state agencies and undergoes periodic examinations by those regulatory authorities.
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of the Company, State Bank, SBFG Title, SB Captive, RFCBC, RDSI, RMC, RST II, and SBI. All significant intercompany accounts and transactions were eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, loan servicing rights, and fair value of financial instruments.
Cash Equivalents	Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. At December 31, 2020 and 2019, cash equivalents consisted primarily of interest-bearing and noninterest bearing demand deposit balances held by correspondent banks. At December 31, 2020, the Company’s correspondent cash accounts exceeded federally insured limits by $10.6 million. Additionally, the Company had approximately $115.9 million of cash held by the FRB and the FHLB, which is not federally insured.
Securities	Securities Available-for-sale securities, which include any debt security for which the Company has no immediate plan to sell but which may be sold in the future, are carried at fair value. Unrealized gains and losses are recorded, net of related income tax effects, in other comprehensive income. Amortization of premiums and accretion of discounts are recorded as interest income from securities. Realized gains and losses are recorded as net security gains (losses). Gains and losses on sales of securities are determined on the specific-identification method. For debt securities with fair value below carrying value when the Company does not intend to sell the debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, the Company recognizes the credit component of an other-than-temporary impairment of the debt security in earnings and the remaining portion in other comprehensive income.
Mortgage Loans Held for Sale	Mortgage Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to noninterest income. Gains and losses on loan sales are recorded in noninterest income. The Company utilizes third-party hedges to minimize the impact of interest rate risk fluctuations, and their impact is realized through noninterest income.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future, or until maturity or payoffs, are reported at their outstanding principal balances adjusted for any charge offs, the allowance for loan losses, any deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. Interest income is reported on the interest method and includes amortization of net deferred loan fees and costs over the loan term. Generally, loans are placed on nonaccrual status not later than 90 days past due. Past due status is based on the contractual terms of the loan. All interest accrued, but not collected for loans that are placed on nonaccrual or charged off, is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the non-collectability of a loan balance is probable. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as new information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical charge off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected on the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration each of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial, agricultural, and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. When a loan moves to nonaccrual status, total unpaid interest accrued to date is reversed from income. Subsequent payments are applied to the outstanding principal balance with the interest portion of the payment recorded on the balance sheet as a contra-loan. Interest received on impaired loans may be realized once all contractual principal amounts are received or when a borrower establishes a history of six consecutive timely principal and interest payments. It is at the discretion of management to determine when a loan is placed back on accrual status upon receipt of six consecutive timely payments. Large groups of smaller balance homogenous loans are collectively evaluated for impairment. Accordingly, individual consumer and residential loans are not separately identified for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower.
Premises and Equipment	Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method for buildings and equipment over the estimated useful lives of the assets. Leasehold improvements are capitalized and depreciated using the straight-line method over the terms of the respective leases.
Long-lived Asset Impairment	Long-lived Asset Impairment The Company evaluates the recoverability of the carrying value of long-lived assets whenever events or circumstances indicate the carrying amount may not be recoverable. If a long-lived asset is tested for recoverability and the undiscounted estimated future cash flows expected to result from the use and eventual disposition of the asset is less than the carrying amount of the asset, the asset’s cost is adjusted to fair value and an impairment loss is recognized as the amount by which the carrying amount of a long-lived asset exceeds its fair value.
Federal Reserve Bank and Federal Home Loan Bank Stock	Federal Reserve Bank and Federal Home Loan Bank Stock FRB and FHLB stock are required investments for institutions that are members of the FRB and FHLB systems. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment.
Foreclosed Assets Held for Sale	Foreclosed Assets Held for Sale Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less costs to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of the carrying amount or the fair value less cost to sell. Revenue and expenses from operations related to foreclosed assets and changes in the valuation allowance are included in net income or expense from foreclosed assets.
Goodwill	Goodwill Goodwill is tested for impairment annually. If the implied fair value of goodwill is lower than its carrying amount, goodwill impairment is indicated and goodwill is written down to its implied fair value.
Core Deposits and Other Intangibles	Core Deposits and Other Intangibles Intangible assets are being amortized on a straight-line basis over weighted-average periods ranging from one to fifteen years. Such assets are periodically evaluated as to the recoverability of their carrying value. Purchased software is being amortized using the straight-line method over periods ranging from one to three years.
Derivatives	Derivatives The Company utilizes derivative financial instruments to help manage exposure to interest rate risk and the effects that changes in interest rates may have on net income and the fair value of assets and liabilities. The Company enters into interest rate swap agreements as part of its asset liability management strategy to help manage its interest rate risk position. Additionally, the Company enters into forward contracts for the future delivery of mortgage loans to third-party investors and enters into interest rate lock commitments (“IRLCs”) with potential borrowers to fund specific mortgage loans that will be sold into the secondary market. The forward contracts are entered into in order to economically hedge the effect of changes in interest rates resulting from the Company’s commitment to fund the loans. The IRLCs and forward contracts are not designated as accounting hedges and are recorded at fair value with the changes in fair value reflected in noninterest income on the consolidated statements of income. The fair value of derivative instruments with a positive fair value are reported in accrued income and other assets in the consolidated balance sheets, while the derivative instruments with a negative fair value are reported in accrued expenses and other liabilities in the consolidated balance sheets. For exchange-traded contracts, fair value is based on quoted market prices. For non-exchange traded contracts, fair value is based on dealer quotes, pricing models, discounted cash flow methodologies or similar techniques for which the determination of fair value may require significant management judgment or estimation.
Mortgage Servicing Rights	Mortgage Servicing Rights Mortgage servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance, (Accounting Standards Codification “ASC” 806-50), servicing rights from the sale or securitization of loans originated by the Company are initially measured at fair value at the date of transfer. The Company subsequently measures each class of servicing asset using the amortization method. Under the amortization method, servicing rights are amortized in proportion to and over the period of estimated net servicing income. The amortized assets are assessed for impairment based on fair value at each reporting date. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost of service, the discount rate, the custodial earning rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may have an adverse impact on the value of the mortgage servicing right and may result in a reduction to noninterest income. Each class of separately recognized servicing assets subsequently measured using the amortization method is evaluated and measured for impairment. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the carrying amount of the servicing assets for that tranche. The valuation allowance is adjusted to reflect changes in the measurement of impairment after the initial measurement of impairment. Changes in valuation allowances are reported with “Mortgage loan servicing fees, net” in the income statement. Fair value in excess of the carrying amount of servicing assets for that stratum is not recognized. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income.
Share-Based Employee Compensation Plan	Share-Based Employee Compensation Plan At December 31, 2020 and 2019, the Company had a share-based employee compensation plan (see Note 19 to the Consolidated Financial Statements).
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company – put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before the maturity or the ability to unilaterally cause the holder to return specific assets.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740). The income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. Uncertain tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the term “upon examination” also includes resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiaries. With a few exceptions, the Company is no longer subject to U.S. Federal, State and Local examinations by tax authorities for the years before 2017. As of December 31, 2020, the Company had no uncertain income tax positions.
Treasury Shares	Treasury Shares Treasury stock is stated at cost. Cost is determined by the weighted-average cost method.
Earnings Per Share	Earnings Per Share Earnings per common share is computed using the two-class method. Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during each period. Diluted earnings per share reflect additional potential common shares and convertible preferred shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options which are determined using the treasury stock method and convertible preferred shares which are determined using the converted method. Treasury stock shares are not deemed outstanding for earnings per share calculations.
Comprehensive Income	Comprehensive Income Comprehensive income consists of net income and other comprehensive income, net of applicable income taxes. Other comprehensive income includes unrealized appreciation (depreciation) on available-for-sale securities. AOCI consists solely of the cumulative unrealized gains and losses on available-for-sale securities net of income tax.
Revenue Recognition	Revenue Recognition The Company recognizes revenues as they are earned based on contractual terms, as transactions occur, or services are provided and collectability is reasonably assured. The Company’s principal source of revenue is interest income from loans and leases and investment securities. The Company also earns noninterest income from various banking and financial services offered through State Bank. Interest income is the largest source of revenue for the Company which is primarily recognized on an accrual basis. Noninterest income is earned through a variety of financial and transaction services provided to corporate and consumer clients such as trust and wealth advisory, deposit account, debit card, mortgage banking and insurance.
New and applicable accounting pronouncements	New and applicable accounting pronouncements: ASU No. 2017-04: Intangibles – Goodwill and Other (Topic 350) This ASU simplifies the test for goodwill impairment. Specifically, these amendments eliminate Step 2 from the goodwill impairment test, and also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. The Company has adopted this ASU, and management did not believe the changes will have a material effect on the Company’s accounting and disclosures. ASU No. 2018-13: Fair Value Measurement - Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement (Topic 820) The updated guidance improves the disclosure requirements for fair value measurements. The ASU removes certain disclosures required by Topic 820 related to transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The ASU modifies certain disclosures required by Topic 820 related to disclosure of transfers into and out of Level 3 of the fair value hierarchy; the requirement to disclose the timing of liquidation of an investee’s assets and the date when restrictions from redemption might lapse only if the investee has communicated the timing to the entity or announced the timing publicly for investments in certain entities that calculate net asset value; and clarification that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurement as of the reporting date. The ASU adds certain disclosure requirements related to changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted- average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 fair value measurements. The amendments in this update are effective for fiscal years, and interim periods within those fiscal years beginning after December 15, 2019. The impact of this new guidance did not have a material impact on the Company’s consolidated financial statements. Accounting standards not yet adopted: ASU No. 2020-04: Reference Rate Reform – Facilitation of the Effects of Reference Rate Reform on Financial Reporting (Topic 848) This guidance provides temporary options to ease the potential burden in accounting for reference rate reform. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective as of March 12, 2020 through December 31, 2022. The Company anticipates being fully prepared to implement a replacement for the reference rate and has determined that any change will not have a material impact to the consolidated financial statements. ASU No. 2020-01: Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323 and Topic 815 This guidance was issued in January 2020 to clarify that a company should consider observable transactions that require a company to either apply or discontinue the equity method of accounting under Topic 323, Investments-Equity Method and Joint Ventures, for the purposes of applying the measurement alternative in accordance with Topic 321 immediately before applying or upon discontinuing the equity method. The amendments also clarify that when determining the accounting for certain forward contracts and purchased options a company should not consider, whether upon settlement or exercise, if the underlying securities would be accounted for under the equity method or fair value option. The guidance is effective beginning after December 15, 2020. The Company is currently assessing the impact on its accounting and disclosures. ASU No. 2016-13: Financial Instruments – Credit Losses (Topic 326) This ASU, which is commonly known as “CECL,” replaces the current GAAP incurred impairment methodology regarding credit losses with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments in this update affect an entity to varying degrees depending on the credit quality of the assets held by the entity, their duration, and how the entity applies current GAAP. The adoption of ASU 2016-13 is likely to result in an increase in the allowance for loan losses as a result of changing from an “incurred loss” model, which encompasses allowances for current known and inherent losses within the portfolio, to an “expected loss” model, which encompasses allowances for losses expected to be incurred over the life of the portfolio. Furthermore, ASU 2016-13 will necessitate that we establish an allowance for expected credit losses on debt securities. In December 2018, the OCC, the Federal Reserve Board, and the FDIC approved a final rule to address changes to credit loss accounting under GAAP, including banking organizations’ implementation of CECL. The final rule provides banking organizations the option to phase in over a three-year period the day-one adverse effects on regulatory capital that may result from the adoption of the new accounting standard. On November 15, 2019, the FASB delayed the effective date for certain small public companies and other private companies. As the Company is currently a smaller reporting company, the amendment will delay the effective date of ASU No. 2016-13 to the fiscal year beginning January 1, 2023. While we are currently unable to reasonably estimate the impact of adopting ASU 2016-13, we expect that the impact of adoption will be significantly influenced by the composition, characteristics and quality of our loan and securities portfolios as well as the prevailing economic conditions and forecasts as of the adoption date. The Company implemented a process to track required data by utilizing accounting software in preparation for compliance. We anticipate being fully prepared for implementation by January 1, 2023.
Reclassifications:	Reclassifications: Certain reclassifications have been made to prior period financial statements to conform to the current financial statement presentation. These reclassifications had no effect on net income.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Summary of earnings per share	Twelve Months Ended Dec. 31, ($ and outstanding shares in thousands - except per share data) 2020 2019 Distributed earnings allocated to common shares $ 3,070 $ 2,331 Undistributed (in excess of) earnings allocated to common shares 11,858 8,675 Net earnings allocated to common shares 14,928 11,006 Net earnings allocated to participating securities 16 17 Dividends on convertible preferred shares - 950 Net Income allocated to common shares and participating securities $ 14,944 $ 11,973 Weighted average shares outstanding for basic earnings per share 7,613 6,456 Dilutive effect of stock compensation 22 46 Dilutive effect of convertible shares - 1,433 Weighted average shares outstanding for diluted earnings per share 7,635 7,935 Basic earnings per common share $ 1.96 $ 1.71 Diluted earnings per common share $ 1.96 $ 1.51

Business Combination (Tables)

Business Combination (Tables)	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Schedule of fair value of identifiable assets and liabilities	($ in thousands) June 5, Fair value of assets acquired Cash and cash equivalents $ 31,756 Interest bearing time deposits 11,542 Investment securities 1,362 Federal Home Loan Bank stock 117 Loans held for investment 16,395 Premises and equipment 446 Goodwill 4,299 Core deposit intangible 660 Other assets 192 Total assets acquired $ 66,769 Fair value of liabilities assumed Deposits $ 51,053 Other liabilities 223 Total liabilities assumed 51,276 Total purchase price (cash) $ 15,493
Schedule of pro forma financial information	Twelve Months Ended Summary of Operations ($ in thousands) 2020 2019 Net interest income $ 36,429 $ 36,307 Provision for loan losses 4,500 806 Net interest income after provision $ 31,929 $ 35,501 Non interest income 30,140 18,132 Non interest expense 44,158 38,484 Income before income taxes $ 17,911 $ 15,149 Income tax expense* 3,384 2,768 Net income $ 14,527 $ 12,381 Preferred share dividends - 487 Net income to common shareholders $ 14,527 $ 11,894 Basic earnings per share $ 1.90 $ 1.84 Diluted earnngs per share $ 1.90 $ 1.56 * Income tax expense for Edon calculated using a 21% statuatory rate

Available-for-Sale Securities (

Available-for-Sale Securities (Tables)	12 Months Ended
	Dec. 31, 2020
Securities [Abstract]
Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities	Gross Gross Amortized Unrealized Unrealized ($ in thousands) Cost Gains Losses Fair Value December 31, 2020: U.S. Treasury and Government agencies $ 6,541 $ 323 $ - $ 6,864 Mortgage-backed securities 125,973 1,845 (57 ) 127,761 State and political subdivisions 11,595 680 - 12,275 Other corporate securities 2,500 6 - 2,506 Totals $ 146,609 $ 2,854 $ (57 ) $ 149,406 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value December 31, 2019: U.S. Treasury and Government agencies $ 12,023 $ 181 $ (2 ) $ 12,202 Mortgage-backed securities 77,892 492 (202 ) 78,182 State and political subdivisions 10,199 366 (1 ) 10,564 Totals $ 100,114 $ 1,039 $ (205 ) $ 100,948
Schedule of amortized cost and fair value of securities available-for-sale by contractual maturity	Amortized Fair ($ in thousands) Cost Value Within one year $ 3,560 $ 3,630 Due after one year through five years 3,681 3,760 Due after five years through ten years 8,011 8,413 Due after ten years 5,384 5,842 20,636 21,645 Mortgage-backed securities 125,973 127,761 Totals $ 146,609 $ 149,406
Summary of securities with unrealized losses	Less than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Treasury and Government agencies $ - $ - $ - $ - $ - $ - Mortgage-backed securities 26,582 (54 ) 717 (3 ) 27,299 (57 ) State and political subdivisions - - - - - - Other corporate securities - - - - - - Totals $ 26,582 $ (54 ) $ 717 $ (3 ) $ 27,299 $ (57 ) Less than 12 Months 12 Months or Longer Total December 31, 2019 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury and Government agencies $ 872 $ (1 ) $ 2,598 $ (1 ) $ 3,470 $ (2 ) Mortgage-backed securities 30,692 (157 ) 4,264 (45 ) 34,956 (202 ) State and political subdivisions 339 (1 ) - - 339 (1 ) Totals $ 31,903 $ (159 ) $ 6,862 $ (46 ) $ 38,765 $ (205 )

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
Schedule of categories of loans	Total Loans Nonaccrual Loans ($ in thousands) December 2020 December 2019 December 2020 December 2019 Commercial & industrial $ 204,767 $ 151,047 $ 902 $ 1,772 Commercial real estate - owner occupied 113,169 98,488 1,450 1,362 Commercial real estate - nonowner occupied 257,651 268,294 962 464 Agricultural 55,235 50,994 - - Residential real estate 182,165 193,159 2,704 1,635 Home equity line of credit (HELOC) 46,310 48,070 390 249 Consumer 14,847 14,738 18 18 Total loans $ 874,144 $ 824,790 $ 6,426 $ 5,500 Net deferred costs (fees) $ (1,421 ) $ 720 Total loans, net deferred costs (fees) $ 872,723 $ 825,510 Allowance for loan losses $ (12,574 ) $ (8,755 )
Summary loan commitments, unused lines of credit and standby letters of credit	($ in thousands) 2020 2019 Loan commitments and unused lines of credit $ 215,616 $ 187,855 Standby letters of credit 3,161 2,657 Totals $ 218,777 $ 190,512
Schedule of allowance for loan and lease losses (“ALLL”) and the recorded investment in loans based on portfolio segment and impairment method	($ in thousands) For the Twelve Months Ended December 31, 2020 Commercial Commercial Agricultural Residential Consumer Total Beginning balance $ 1,883 $ 3,602 $ 434 $ 2,203 $ 633 $ 8,755 Charge offs (582 ) - - (82 ) (79 ) (743 ) Recoveries 16 - - 40 6 62 Provision 1,757 1,849 62 373 459 4,500 Ending balance $ 3,074 $ 5,451 $ 496 $ 2,534 $ 1,019 $ 12,574 December 31, 2020 Commercial Commercial Agricultural Residential Consumer Total Allowance: Ending balance: individually evaluated for impairment $ - $ 174 $ - $ 160 $ 3 $ 337 Ending balance: collectively evaluated for impairment $ 3,074 $ 5,277 $ 496 $ 2,374 $ 1,016 $ 12,237 Totals $ 3,074 $ 5,451 $ 496 $ 2,534 $ 1,019 $ 12,574 Loans: Ending balance: individually evaluated for impairment $ 849 $ 2,202 $ - $ 2,746 $ 162 $ 5,959 Ending balance: collectively evaluated for impairment $ 203,918 $ 368,618 $ 55,235 $ 179,419 $ 60,995 $ 868,185 Totals $ 204,767 $ 370,820 $ 55,235 $ 182,165 $ 61,157 $ 874,144 ($ in thousands) Commercial Commercial Agricultural Residential Consumer Total Beginning balance $ 1,435 $ 2,923 $ 482 $ 2,567 $ 760 $ 8,167 Charge offs (143 ) - - (53 ) (63 ) (259 ) Recoveries 9 1 - 14 23 47 Provision (credit) 582 678 (48 ) (325 ) (87 ) 800 Ending balance $ 1,883 $ 3,602 $ 434 $ 2,203 $ 633 $ 8,755 December 31, 2019 Commercial Commercial real estate Agricultural Residential real estate Consumer Total Allowance: Ending balance: individually evaluated for impairment $ 511 $ 147 $ - $ 68 $ - $ 726 Ending balance: collectively evaluated for impairment $ 1,372 $ 3,455 $ 434 $ 2,135 $ 633 $ 8,029 Totals $ 1,883 $ 3,602 $ 434 $ 2,203 $ 633 $ 8,755 Loans: Ending balance: individually evaluated for impairment $ 1,722 $ 1,558 $ - $ 2,274 $ 31 $ 5,585 Ending balance: collectively evaluated for impairment $ 149,325 $ 365,224 $ 50,994 $ 190,885 $ 62,777 $ 819,205 Totals $ 151,047 $ 366,782 $ 50,994 $ 193,159 $ 62,808 $ 824,790
Summary of credit risk profile of the Company's loan portfolio based on rating category	($ in thousands) Commercial & industrial Commercial real estate - owner occupied Commercial real estate - nonowner occupied Agricultural Residential real estate HELOC Consumer Total Pass (1 - 4) $ 202,543 $ 108,726 $ 250,405 $ 55,227 $ 178,575 $ 45,866 $ 14,807 $ 856,149 Special Mention (5) 1,485 2,993 3,338 - - - 14 7,830 Substandard (6) 151 - 3,026 8 3,560 444 26 7,215 Doubtful (7) 588 1,450 882 - 30 - - 2,950 Loss (8) - - - - - - - - Total Loans $ 204,767 $ 113,169 $ 257,651 $ 55,235 $ 182,165 $ 46,310 $ 14,847 $ 874,144 December 31, 2019 Commercial Commercial real estate - owner occupied Commercial real estate - nonowner occupied Agricultural Residential real estate HELOC Consumer Total Pass (1 - 4) $ 147,667 $ 96,836 $ 265,839 $ 50,994 $ 190,438 $ 47,787 $ 14,706 $ 814,267 Special Mention (5) 597 - 543 - - - - 1,140 Substandard (6) 1,444 290 1,663 - 2,689 283 32 6,401 Doubtful (7) 1,339 1,362 249 - 32 - - 2,982 Loss (8) - - - - - - - - Total Loans $ 151,047 $ 98,488 $ 268,294 $ 50,994 $ 193,159 $ 48,070 $ 14,738 $ 824,790
Summary of loan portfolio aging analysis	($ in thousands) 30-59 Days 60-89 Days Greater Than Total Past Total Loans December 31, 2020 Past Due Past Due Past Due Due Current Receivable Commercial & industrial $ 380 $ - $ 618 $ 998 $ 203,769 $ 204,767 Commercial real estate - owner occupied - - 1,450 1,450 111,719 113,169 Commercial real estate - nonowner occupied - 141 699 840 256,811 257,651 Agricultural 8 - - 8 55,227 55,235 Residential real estate 12 1,393 1,212 2,617 179,548 182,165 HELOC 190 74 198 462 45,848 46,310 Consumer 123 42 20 185 14,662 14,847 Total Loans $ 713 $ 1,650 $ 4,197 $ 6,560 $ 867,584 $ 874,144 30-59 Days 60-89 Days Greater Than Total Past Total Loans December 31, 2019 Past Due Past Due Past Due Due Current Receivable Commercial & industrial $ 64 $ - $ 312 $ 376 $ 150,671 $ 151,047 Commercial real estate - owner occupied - - - - 98,488 98,488 Commercial real estate - nonowner occupied - - 215 215 268,079 268,294 Agricultural 13 - - 13 50,981 50,994 Residential real estate 309 415 644 1,368 191,791 193,159 HELOC 166 91 56 313 47,757 48,070 Consumer 65 93 14 172 14,566 14,738 Total Loans $ 617 $ 599 $ 1,241 $ 2,457 $ 822,333 $ 824,790
Summary of impaired loan activity	($ in thousands) Recorded Unpaid Principal Related Average Recorded Interest Income December 31, 2020 Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial & industrial $ 849 $ 1,645 $ - $ 1,878 $ 50 Commercial real estate - owner occupied 1,441 1,441 - 1,573 11 Commercial real estate - nonowner occupied 182 182 - 258 14 Agricultural - - - - - Residential real estate 1,017 1,084 - 1,243 64 HELOC 89 89 98 4 Consumer 7 7 - 12 1 With a specific allowance recorded: Commercial & industrial - - - - - Commercial real estate - owner occupied - - - - - Commercial real estate - nonowner occupied 579 579 174 579 3 Agricultural - - - - - Residential real estate 1,729 1,774 160 1,785 14 HELOC 66 66 3 83 6 Consumer - - - - - Totals: Commercial & industrial $ 849 $ 1,645 $ - $ 1,878 $ 50 Commercial real estate - owner occupied $ 1,441 $ 1,441 $ - $ 1,573 $ 11 Commercial real estate - nonowner occupied $ 761 $ 761 $ 174 $ 837 $ 17 Agricultural $ - $ - $ - $ - $ - Residential real estate $ 2,746 $ 2,858 $ 160 $ 3,028 $ 78 HELOC $ 155 $ 155 $ 3 $ 181 $ 10 Consumer $ 7 $ 7 $ - $ 12 $ 1 ($ in thousands) Recorded Unpaid Principal Related Average Recorded Interest Income December 31, 2019 Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial & industrial $ 722 $ 1,092 $ - $ 1,377 $ 114 Commercial real estate - owner occupied - - - - - Commercial real estate - nonowner occupied 196 197 - 259 21 Agricultural - - - - - Residential real estate 1,621 1,687 - 2,001 106 HELOC 16 16 18 1 Consumer 15 15 - 19 1 With a specific allowance recorded: Commercial & industrial 1,000 1,000 511 823 49 Commercial real estate - owner occupied 1,362 1,362 147 1,362 38 Commercial real estate - nonowner occupied - - - - - Agricultural - - - - - Residential real estate 653 653 68 666 31 HELOC - - - - - Consumer - - - - - Totals: Commercial & industrial $ 1,722 $ 2,092 $ 511 $ 2,200 $ 163 Commercial real estate - owner occupied $ 1,362 $ 1,362 $ 147 $ 1,362 $ 38 Commercial real estate - nonowner occupied $ 196 $ 197 $ - $ 259 $ 21 Agricultural $ - $ - $ - $ - $ - Residential real estate $ 2,274 $ 2,340 $ 68 $ 2,667 $ 137 HELOC $ 16 $ 16 $ - $ 18 $ 1 Consumer $ 15 $ 15 $ - $ 19 $ 1
Schedule of TDR activity	($ in thousands) Number of Loans Pre-Modification Post Modification Commercial & industrial 3 $ 763 $ 763 Total modifications 3 $ 763 $ 763 Interest Total Only Term Combination Modification Commercial & industrial $ 150 $ 613 $ - $ 763 Total modifications $ 150 $ 613 $ - $ 763

Accounting for Certain Loans _2

Accounting for Certain Loans Acquired in a Transfer (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Schedule of acquired loans included in the balance sheet	($ in thousands) December 31, Commercial & industrial $ 1,499 Commercial real estate - owner occupied - Commercial real estate - nonowner occupied 505 Agricultural 9,180 Residential real estate 3,176 Home equity line of credit (HELOC) - Consumer 93 Total loans $ 14,453

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of premises and equipment	($ in thousands) 2020 2019 Land $ 3,996 $ 3,945 Buildings and improvements 26,743 26,953 Equipment 11,506 10,786 Construction in process 997 128 43,242 41,812 Less accumulated depreciation (19,685 ) (18,427 ) Net premises and equipment $ 23,557 $ 23,385

Goodwill and Intangibles (Table

Goodwill and Intangibles (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	Twelve Twelve ($ in thousands) Carrying Amount Carrying Amount Beginning balance $ 17,792 $ 16,353 Acquired goodwill 4,325 1,439 Measurement period adjustments (26 ) - Ending balance $ 22,091 $ 17,792
Schedule of carrying basis and accumulated amortization of intangible assets	2020 2019 Gross Carrying Accumulated Gross Carrying Accumulated ($ in thousands) Amount Amortization Amount Amortization Core deposits intangible $ 5,359 $ (4,735 ) $ 4,698 $ (4,692 ) Customer relationship intangible 200 (170 ) 200 (166 ) Banking intangibles $ 5,559 $ (4,905 ) $ 4,898 $ (4,858 )

Mortgage Banking and Servicin_2

Mortgage Banking and Servicing Rights (Tables)	12 Months Ended
	Dec. 31, 2020
Mortgage Servicing Rights [Abstract]
Schedule of mortgage servicing rights capitalized and related amortization, along with activity in the related valuation allowance	($ in thousands) 2020 2019 Carrying amount, beginning of year $ 11,017 $ 11,365 Mortgage servicing rights capitalized during the year 5,090 2,872 Mortgage servicing rights amortization during the year (4,762 ) (2,126 ) Net change in valuation allowance (3,586 ) (1,094 ) Carrying amount, end of year $ 7,759 $ 11,017 Valuation allowance: Beginning of year $ 1,306 $ 212 Increase (reduction) 3,586 1,094 End of year $ 4,892 $ 1,306 Fair value, beginning of period $ 11,864 $ 12,672 Fair value, end of period $ 7,759 $ 11,864

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of notional amount and fair value of interest rate swaps	December 31, 2020 December 31, 2019 Notional Fair Notional Fair ($ in thousands) Amount Value Amount Value Asset Derivatives Derivatives not designated as hedging instruments Interest rate swaps associated with loans $ 87,687 $ 7,962 $ 82,826 $ 2,846 IRLCs 46,130 278 16,347 55 Total contracts $ 133,817 $ 8,240 $ 99,173 $ 2,901 Liability Derivatives Derivatives not designated as hedging instruments Interest rate swaps associated with loans $ 87,687 $ (7,962 ) $ 82,826 $ (2,846 ) Forward contracts 50,000 (265 ) 22,000 (32 ) Total contracts $ 137,687 $ (8,227 ) $ 104,826 $ (2,878 )
Schedule of consolidated statements of income for non-hedging derivative financial instruments	Amount of gain (loss) ($ in thousands) Statement of income classification 2020 2019 Interest rate swap contracts Other income $ 355 $ 513 Interest rate swap contracts Other expense - (41 ) IRLCs Gain on sale of mortgage loans & OMSR 223 (28 ) Forward contracts Gain on sale of mortgage loans & OMSR (233 ) 81
Schedule of financial assets and derivative assets	Gross Gross amounts offset in the Net amounts of assets Gross amounts not offset in the consolidated balance sheet ($ in thousands) amounts of consolidated the consolidated Financial Cash Net amount December 31, 2020 Interest rate swaps $ 7,962 $ - $ 7,962 $ - $ - $ 7,962 December 31, 2019 Interest rate swaps $ 2,901 $ 55 $ 2,846 $ - $ - $ 2,846
Schedule of financial liabilities and derivative liabilities	Gross Gross amounts offset in the Net amounts of liabilities presented in Gross amounts not offset in the consolidated balance sheet ($ in thousands) amounts of consolidated the consolidated Financial Cash Net amount December 31, 2020 Interest rate swaps $ 7,962 $ - $ 7,962 $ - $ 8,896 $ (934 ) December 31, 2019 Interest rate swaps $ 2,901 $ 55 $ 2,846 $ - $ 3,242 $ (396 )

Interest-Bearing Deposits (Tabl

Interest-Bearing Deposits (Tables)	12 Months Ended
	Dec. 31, 2020
Interest-Bearing Deposits [Abstract]
Schedule of maturities of time deposit	($ in thousands) 2021 $ 156,761 2022 47,518 2023 18,399 2024 4,338 2025 2,351 Thereafter 182 Total $ 229,549

Short-Term Borrowings (Tables)

Short-Term Borrowings (Tables)	12 Months Ended
	Dec. 31, 2020
Interest-Bearing Deposits [Abstract]
Schedule of short-term borrowings	($ in thousands) 2020 2019 Securities Sold Under Repurchase Agreements $ 20,189 $ 12,945

Federal Home Loan Bank Advanc_2

Federal Home Loan Bank Advances (Tables)	12 Months Ended
	Dec. 31, 2020
Disclosure Text Block [Abstract]
Schedule of aggregate annual maturities of FHLB advances	($ in thousands) Debt 2021 $ 2,500 2022 3,000 2023 2,500 Total $ 8,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of provision for income taxes	For The Year Ended ($ in thousands) 2020 2019 Taxes currently payable $ 5,939 $ 2,938 Deferred provision (2,444 ) (279 ) Income tax expense $ 3,495 $ 2,659
Schedule of reconciliation of income tax expense	For The Year Ended ($ in thousands) 2020 2019 Computed at the statutory rate (21%) $ 3,872 $ 3,073 Increase (decrease) resulting from Tax exempt interest (91 ) (113 ) BOLI income (65 ) (71 ) Stock compensation (39 ) (45 ) Other (182 ) (185 ) Actual tax expense $ 3,495 $ 2,659
Schedule of temporary differences related to deferred taxes shown	For The Year Ended ($ in thousands) 2020 2019 Deferred tax assets Allowance for loan losses $ 2,641 $ 1,838 Net deferred loan fees 298 53 Section 475 MTM 645 209 Accrued bonus 375 192 Other 714 258 4,673 2,550 Deferred tax liabilities Depreciation (1,168 ) (1,009 ) Mortgage servicing rights (1,668 ) (2,378 ) Unrealized gains on available-for-sale securities (587 ) (175 ) Purchase accounting adjustments (1,628 ) (1,227 ) Prepaids (465 ) (447 ) FHLB stock dividends (288 ) (288 ) (5,804 ) (5,524 ) Net deferred tax liability $ (1,131 ) $ (2,974 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Schedule of reclassification out of accumulated other comprehensive income	($ in thousands) 2020 2019 Affected Line Item in Income Statement Realized gains included in net income $ - $ 206 Gains on investment securities - 206 Income before income taxes Tax effect - (43 ) Provision for income taxes Net of Tax $ - $ 163 Net income

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2020
Regulatory Matters [Abstract]
Schedule of State Bank’s actual capital amounts and ratios	Actual For Capital Adequacy Purposes To Be Well Capitalized ($ in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Tier I Capital to average assets $ 119,480 9.94 % $ 48,099 4.0 % $ 60,123 5.0 % Tier I Common equity capital to risk-weighted assets 119,480 12.91 % 41,651 4.5 % 60,162 6.5 % Tier I Capital to risk-weighted assets 119,480 12.91 % 55,534 6.0 % 74,046 8.0 % Total Risk-based capital to risk-weighted assets 131,062 14.16 % 74,046 8.0 % 92,557 10.0 % As of December 31, 2019 Tier I Capital to average assets $ 116,884 11.36 % $ 41,165 4.0 % $ 51,456 5.0 % Tier I Common equity capital to risk-weighted assets 116,884 12.46 % 42,204 4.5 % 60,962 6.5 % Tier I Capital to risk-weighted assets 116,884 12.46 % 56,273 6.0 % 75,030 8.0 % Total Risk-based capital to risk-weighted assets 125,639 13.40 % 75,030 8.0 % 93,788 10.0 %

Share Based Compensation Plan (

Share Based Compensation Plan (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Schedule of incentive stock option activity	Shares Weighted-Average Exercise Price Weighted-Average Remaining Term Aggregate Intrinsic Value Outstanding, beginning of year 28,250 $ 6.98 Granted - - Exercised (26,950 ) 6.98 Forfeited - - Expired (1,300 ) 6.98 Outstanding, end of year - $ - - $ - Exercisable, end of year - $ - - $ -
Schedule of restricted stock activity under the Company’s LTI Plan	Shares Weighted-Average Value per Share Nonvested, beginning of year 43,741 $ 17.41 Granted 16,442 19.57 Vested (22,451 ) 17.18 Forfeited (2,954 ) 18.01 Nonvested, end of year 34,778 $ 18.52

Disclosures About Fair Value _2

Disclosures About Fair Value of Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Schedule of fair value, assets measured on recurring basis	($ in thousands) Fair Values at 12/31/2020 (Level 1) (Level 2) (Level 3) U.S. Treasury and Government Agencies $ 6,864 $ - $ 6,864 $ - Mortgage-backed securities 127,761 - 127,761 - State and political subdivisions 12,275 - 12,275 - Other corporate securities 2,506 - 2,506 - Interest rate contracts - assets 7,962 - 7,962 - Interest rate contracts - liabilities (7,962 ) - (7,962 ) - Forward contracts (265 ) (265 ) - - IRLCs 278 - - 278 ($ in thousands) Fair Values at 12/31/2019 (Level 1) (Level 2) (Level 3) U.S. Treasury and Government Agencies $ 12,202 $ - $ 12,202 $ - Mortgage-backed securities 78,182 - 78,182 - State and political subdivisions 10,564 - 10,564 - Interest rate contracts - assets 2,846 - 2,846 - Interest rate contracts - liabilities (2,846 ) - (2,846 ) - Forward contracts (32 ) (32 ) - - IRLCs 55 - - 55
Schedule of fair value measurements, nonrecurring	($ in thousands) Fair values at (Level 1) (Level 2) (Level 3) Impaired loans $ 3,544 $ - $ - $ 3,544 Mortgage servicing rights 7,759 - - 7,759 ($ in thousands) Fair values at (Level 1) (Level 2) (Level 3) Impaired loans $ 2,527 $ - $ - $ 2,527 Mortgage servicing rights 5,084 - - 5,084
Schedule of unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements	Fair value at Valuation Range (weighted- ($ in thousands) 31-12-2020 technique Unobservable inputs average) Collateral-dependent impaired loans $ 3,544 Market comparable properties Comparability adjustments (%) 0 - 43% (22 )% Mortgage servicing rights 7,759 Discounted cash flow Discount Rate 8.28 % Constant prepayment rate 20.87 % P&I earnings credit 0.14 % T&I earnings credit 0.24 % Inflation for cost of servicing 1.50 % IRLCs 278 Discounted cash flow Loan closing rates 49% - 100 % Fair Value at Valuation Range (weighted- ($ in thousands) 31-12-2019 technique Unobservable inputs average) Collateral-dependent impaired loans $ 2,527 Market comparable properties Comparability adjustments (%) 2 - 62% (28 )% Mortgage servicing rights 5,084 Discounted cash flow Discount Rate 9.36 % Constant prepayment rate 10.19 % P&I earnings credit 1.78 % T&I earnings credit 1.93 % Inflation for cost of servicing 1.50 % IRLCs 55 Discounted cash flow Loan closing rates 66% - 100 %
Schedule of financial instruments could be sold individually or in the aggregate	($ in thousands) Carrying Fair Fair value measurements using December 31, 2020 amount value (Level 1) (Level 2) (Level 3) Financial assets Cash and due from banks $ 140,690 $ 140,690 $ 140,690 $ - $ - Interest bearing time deposits 5,823 5,823 - 5,823 - Loans held for sale 7,234 7,508 - 7,508 - Loans, net of allowance for loan losses 860,149 853,294 - - 853,294 Federal Reserve and FHLB Bank stock, at cost 5,303 5,303 - 5,303 - Interest receivable 3,799 3,799 - 3,799 - Financial liabilities Deposits $ 1,049,011 $ 1,050,558 $ 819,462 $ 231,096 $ - Short term borrowings 20,189 20,189 - 20,189 - FHLB advances 8,000 8,257 - 8,257 - Trust preferred securities 10,310 8,394 - 8,394 - Interest payable 616 616 - 616 - ($ in thousands) Carrying Fair Fair value measurements using December 31, 2019 amount value (Level 1) (Level 2) (Level 3) Financial assets Cash and due from banks $ 27,064 $ 27,064 $ 27,064 $ - $ - Loans held for sale 7,258 7,419 - 7,419 - Loans, net of allowance for loan losses 816,755 804,808 - - 804,808 Federal Reserve and FHLB Bank stock, at cost 4,648 4,648 - 4,648 - Interest receivable 3,106 3,106 - 3,106 - Financial liabilities Deposits $ 840,219 $ 840,272 $ 582,466 $ 257,806 $ - Repurchase agreements 12,945 12,945 - 12,945 - FHLB advances 16,000 16,149 - 16,149 - Trust preferred securities 10,310 9,201 - 9,201 - Interest payable 1,191 1,191 - 1,191 -

Parent Company Financial Info_2

Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]
Schedule of condensed balance sheets	($ in thousands) 2020 2019 Assets Cash & cash equivalents $ 2,178 $ 7,457 Investment in banking subsidiaries 143,244 134,244 Investment in nonbanking subsidiaries 5,617 4,883 Other assets 3,229 192 Total assets $ 154,268 $ 146,776 Liabilities Trust preferred securities $ 10,000 $ 10,000 Borrowings from nonbanking subsidiaries 310 310 Other liabilities & accrued interest payable 1,035 372 Total liabilities 11,345 10,682 Stockholders’ equity 142,923 136,094 Total liabilities and stockholders’ equity $ 154,268 $ 146,776
Schedule of condensed statements of income and comprehensive income	($ in thousands) 2020 2019 Dividends from subsidiaries: Banking subsidiaries $ 24,025 $ 6,000 Nonbanking subsidiaries - 575 Total income 24,025 6,575 Expenses Interest expense 256 414 Other expense 2,950 1,773 Total expenses 3,206 2,187 Income before income tax 20,819 4,388 Income tax benefit (712 ) (508 ) Income before equity in undistributed income of subsidiaries 21,531 4,896 Equity in undistributed income of subsidiaries Banking subsidiaries (8,071 ) 6,526 Nonbanking subsidiaries 1,484 551 Total (6,587 ) 7,077 Net income 14,944 11,973 Preferred stock dividends - 950 Net income available to common shareholders $ 14,944 $ 11,023 ($ in thousands) 2020 2019 Net income $ 14,944 $ 11,973 Other comprehensive income: Available-for-sale investment securities: Gross unrealized holding gain (loss) arising in the period 1,963 1,327 Related tax (expense) benefit (412 ) (279 ) Less: reclassification adjustment for gain realized in income - 206 Related tax expense - (43 ) Net effect on other comprehensive income 1,551 1,211 Total comprehensive income $ 16,495 $ 13,184
Schedule of condensed statements of cash flows	($ in thousands) 2020 2019 Operating activities Net income $ 14,944 $ 11,973 Items not requiring (providing) cash Equity in undistributed net income of subsidiaries 6,587 (7,077 ) Stock compensation expense 382 417 Other assets (2,287 ) 32 Other liabilities 663 (884 ) Net cash provided by operating activities 20,289 4,461 Investing activities Capital contributed to banking subsidiary (15,520 ) - Capital contributed to nonbanking subsidiary - (3,100 ) Net cash used in investing activities (15,520 ) (3,100 ) Financing activities Dividends on common shares (3,070 ) (2,331 ) Dividends on preferred shares - (950 ) Proceeds from issuance of common shares - 139 Conversion of preferred shares - (1 ) Proceeds from share-based compensation plans 188 251 Repurchase of common shares (7,166 ) (5,050 ) Net cash used in financing activities (10,048 ) (7,942 ) Net change in cash and cash equivalents (5,279 ) (6,581 ) Cash and cash equivalents at beginning of year 7,457 14,038 Cash and cash equivalents at end of year $ 2,178 $ 7,457

Quarterly Financial Informati_2

Quarterly Financial Information (Tables)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial information	2020 December September June March Interest income $ 10,589 $ 10,807 $ 10,595 $ 10,644 Interest expense 1,338 1,548 1,723 2,096 Net interest income 9,251 9,259 8,872 8,548 Provision for loan losses 800 1,800 1,300 600 Noninterest income 8,902 10,418 8,615 2,161 Noninterest expense 10,684 11,335 11,662 9,406 Income tax expense 1,311 1,292 870 22 Net income 5,358 5,250 3,655 681 Preferred share dividend - - - - Net income available to common $ 5,358 $ 5,250 $ 3,655 $ 681 Basic earnings per common share $ 0.71 $ 0.69 $ 0.47 $ 0.09 Diluted earnings per common share $ 0.71 $ 0.69 $ 0.47 $ 0.09 Dividends per share $ 0.105 $ 0.100 $ 0.100 $ 0.095 2019 December September June March Interest income $ 11,205 $ 11,546 $ 11,151 $ 10,498 Interest expense 2,609 2,488 2,319 2,158 Net interest income 8,596 9,058 8,832 8,340 Provision for loan losses 300 300 200 - Noninterest income 5,959 5,366 3,691 3,000 Noninterest expense 10,176 9,500 9,108 8,626 Income tax expense 721 862 588 488 Net income 3,358 3,762 2,627 2,226 Preferred share dividend 230 233 243 244 Net income available to common $ 3,128 $ 3,529 $ 2,384 $ 1,982 Basic earnings per common share $ 0.48 $ 0.55 $ 0.37 $ 0.31 Diluted earnings per common share $ 0.42 $ 0.48 $ 0.33 $ 0.28 Dividends per share $ 0.095 $ 0.090 $ 0.090 $ 0.085

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)
Organization and Summary of Significant Accounting Policies (Details) [Line Items]
Federal insured limit (in Dollars)	$ 10.6
Cash held by the FRB and the FHLB (in Dollars)	$ 115.9
Intangible assets, weighted-average periods	10 years
Minimum [Member]
Organization and Summary of Significant Accounting Policies (Details) [Line Items]
Intangible assets, weighted-average periods	1 year
Software amortized period	1 year
Maximum [Member]
Organization and Summary of Significant Accounting Policies (Details) [Line Items]
Intangible assets, weighted-average periods	15 years
Software amortized period	3 years

Earnings Per Share (Details) -

Earnings Per Share (Details) - Summary of earnings per share - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Summary of earnings per share [Abstract]
Distributed earnings allocated to common shares	$ 3,070	$ 2,331
Undistributed (in excess of) earnings allocated to common shares	11,858	8,675
Net earnings allocated to common shares	14,928	11,006
Net earnings allocated to participating securities	16	17
Dividends on convertible preferred shares		950
Net Income allocated to common shares and participating securities	$ 14,944	$ 11,973
Weighted average shares outstanding for basic earnings per share (in Shares)	7,613	6,456
Dilutive effect of stock compensation (in Shares)	22	46
Dilutive effect of convertible shares (in Shares)		1,433
Weighted average shares outstanding for diluted earnings per share (in Shares)	7,635	7,935
Basic earnings per common share (in Dollars per share)	$ 1.96	$ 1.71
Diluted earnings per common share (in Dollars per share)	$ 1.96	$ 1.51

Business Combination (Details)

Business Combination (Details) - USD ($)	Jun. 05, 2020	Dec. 31, 2020
Business Combinations [Abstract]
Fixed consideration received by shareholders of edon	$ 103.50
Total consideration of edon	$ 15,500,000
Expenses of direct acquisition costs		$ 1,200,000
Merger expenses		1,200,000
Goodwill		4,300,000
Intangible assets in business combination		$ 700,000
Intangible assets amortized period		10 years
Amount of contractual principal of loans		$ 16,800,000
Contractual cash flows not expected to be collected		400,000
Nonrecurring costs incurred prior to acquisition		700,000
Nonrecurring costs for acquisition		$ 1,200,000

Business Combination (Details)

Business Combination (Details) - Schedule of fair value of identifiable assets and liabilities $ in Thousands	Jun. 05, 2020USD ($)
Fair value of assets acquired
Cash and cash equivalents	$ 31,756
Interest bearing time deposits	11,542
Investment securities	1,362
Federal Home Loan Bank stock	117
Loans held for investment	16,395
Premises and equipment	446
Goodwill	4,299
Core deposit intangible	660
Other assets	192
Total assets acquired	66,769
Fair value of liabilities assumed
Deposits	51,053
Other liabilities	223
Total liabilities assumed	51,276
Total purchase price (cash)	$ 15,493

Business Combination (Details_2

Business Combination (Details) - Schedule of pro forma financial information - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Schedule of pro forma financial information [Abstract]
Net interest income		$ 36,429	$ 36,307
Provision for loan losses		4,500	800
Net interest income after provision		31,430	34,026
Non interest income		30,096	18,016
Non interest expense		43,087	37,410
Income before income taxes		18,439	14,632
Income tax expense	[1]	3,495	2,659
Net income		14,944	11,973
Preferred share dividends			487
Net income to common shareholders		$ 14,944	$ 11,023
Basic earnings per share (in Dollars per share)		$ 1.96	$ 1.71
Diluted earnngs per share (in Dollars per share)		$ 1.90	$ 1.56
[1]	Income tax expense for Edon calculated using a 21% statuatory rate

Available-for-Sale Securities_2

Available-for-Sale Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Securities [Abstract]
Fair value of securities pledged as collateral	$ 53,700	$ 34,800
Securities delivered for repurchase agreements	28,200	19,500
Gross gains realized from sales of available-for-sale securities		200
Tax expense for net security gains		40
Fair value investments	$ 27,300	$ 38,800
Fair value as a percentage of available-for-sale investment portfolio	18.00%	38.00%
Unrealized loss on the securities portfolio	$ 150

Available-for-Sale Securities_3

Available-for-Sale Securities (Details) - Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities [Line Items]
Amortized Cost	$ 146,609	$ 100,114
Gross Unrealized Gains	2,854	1,039
Gross Unrealized Losses	(57)	(205)
Fair Value	149,406	100,948
U.S. Treasury and Government agencies [Member]
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities [Line Items]
Amortized Cost	6,541	12,023
Gross Unrealized Gains	323	181
Gross Unrealized Losses		(2)
Fair Value	6,864	12,202
Mortgage-backed securities [Member]
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities [Line Items]
Amortized Cost	125,973	77,892
Gross Unrealized Gains	1,845	492
Gross Unrealized Losses	(57)	(202)
Fair Value	127,761	78,182
State and political subdivisions [Member]
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities [Line Items]
Amortized Cost	11,595	10,199
Gross Unrealized Gains	680	366
Gross Unrealized Losses		(1)
Fair Value	12,275	$ 10,564
Other corporate securities [Member]
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities [Line Items]
Amortized Cost	2,500
Gross Unrealized Gains	6
Gross Unrealized Losses
Fair Value	$ 2,506

Available-for-Sale Securities_4

Available-for-Sale Securities (Details) - Schedule of amortized cost and fair value of securities available-for-sale by contractual maturity $ in Thousands	Dec. 31, 2020USD ($)
Amortized Cost [Member]
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair value of securities available-for-sale by contractual maturity [Line Items]
Available for Sale, Amortized Cost, Within one year	$ 3,560
Available for Sale, Amortized Cost, Due after one year through five years	3,681
Available for Sale, Amortized Cost, Due after five years through ten years	8,011
Available for Sale, Amortized Cost, Due after ten years	5,384
Available for Sale, Amortized Cost	20,636
Available for Sale, Amortized Cost, Mortgage-backed securities	125,973
Available for Sale, Amortized Cost, Totals	146,609
Fair Value [Member]
Available-for-Sale Securities (Details) - Schedule of amortized cost and fair value of securities available-for-sale by contractual maturity [Line Items]
Available for Sale, Fair Value, Within one year	3,630
Available for Sale, Fair Value, Due after one year through five years	3,760
Available for Sale, Fair Value, Due after five years through ten years	8,413
Available for Sale, Fair Value, Due after ten years	5,842
Available for Sale, Fair Value	21,645
Available for Sale, Fair Value, Mortgage-backed securities	127,761
Available for Sale, Fair Value, Totals	$ 149,406

Available-for-Sale Securities_5

Available-for-Sale Securities (Details) - Summary of securities with unrealized losses - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Available-for-Sale Securities (Details) - Summary of securities with unrealized losses [Line Items]
Less than 12 Months, Fair Value	$ 26,582	$ 31,903
Less than 12 Months, Unrealized Losses	(54)	(159)
12 Months or Longer, Fair Value	717	6,862
12 Months or Longer, Unrealized Losses	(3)	(46)
Total Fair Value	27,299	38,765
Total Unrealized Losses	(57)	(205)
U.S. Treasury and Government agencies [Member]
Available-for-Sale Securities (Details) - Summary of securities with unrealized losses [Line Items]
Less than 12 Months, Fair Value		872
Less than 12 Months, Unrealized Losses		(1)
12 Months or Longer, Fair Value		2,598
12 Months or Longer, Unrealized Losses		(1)
Total Fair Value		3,470
Total Unrealized Losses		(2)
Mortgage-backed securities [Member]
Available-for-Sale Securities (Details) - Summary of securities with unrealized losses [Line Items]
Less than 12 Months, Fair Value	26,582	30,692
Less than 12 Months, Unrealized Losses	(54)	(157)
12 Months or Longer, Fair Value	717	4,264
12 Months or Longer, Unrealized Losses	(3)	(45)
Total Fair Value	27,299	34,956
Total Unrealized Losses	(57)	(202)
State and political subdivisions [Member]
Available-for-Sale Securities (Details) - Summary of securities with unrealized losses [Line Items]
Less than 12 Months, Fair Value		339
Less than 12 Months, Unrealized Losses		(1)
12 Months or Longer, Fair Value
12 Months or Longer, Unrealized Losses
Total Fair Value		339
Total Unrealized Losses		$ (1)
Other corporate securities [Member]
Available-for-Sale Securities (Details) - Summary of securities with unrealized losses [Line Items]
Less than 12 Months, Fair Value
Less than 12 Months, Unrealized Losses
12 Months or Longer, Fair Value
12 Months or Longer, Unrealized Losses
Total Fair Value
Total Unrealized Losses

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses (Details)	12 Months Ended
	Dec. 31, 2020USD ($)
Receivables [Abstract]
Principal amount outstanding of non-homogeneous loans	$ 100,000
Description of Impaired loans which included in groups of homogenous loans	Impaired loans less than $100,000 are included in groups of homogenous loans.
Payment deferral amount	$ 23,200,000
Loan originated amount	83,600,000
Outstanding loan amount	70,600,000
Origination fees	3,200,000
Amount of origination income	$ 1,400,000

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses (Details) - Schedule of categories of loans - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 874,144	$ 824,790
Net deferred costs (fees)	(1,421)	720
Total loans, net deferred costs (fees)	872,723	825,510
Allowance for loan losses	(12,574)	(8,755)
Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	6,426	5,500
Commercial & industrial [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	204,767	151,047
Commercial & industrial [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	902	1,772
Commercial real estate - owner occupied [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	113,169	98,488
Commercial real estate - owner occupied [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,450	1,362
Commercial real estate - nonowner occupied [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	257,651	268,294
Commercial real estate - nonowner occupied [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	962	464
Agricultural [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	55,235	50,994
Agricultural [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans
Residential real estate [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	182,165	193,159
Residential real estate [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,704	1,635
Home equity line of credit (HELOC) [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	46,310	48,070
Home equity line of credit (HELOC) [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	390	249
Consumer [Member] | Total Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	14,847	14,738
Consumer [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 18	$ 18

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses (Details) - Summary loan commitments, unused lines of credit and standby letters of credit - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Loans and Allowance for Loan Losses (Details) - Summary loan commitments, unused lines of credit and standby letters of credit [Line Items]
Totals	$ 218,777	$ 190,512
Loan commitments and unused lines of credit [Member]
Loans and Allowance for Loan Losses (Details) - Summary loan commitments, unused lines of credit and standby letters of credit [Line Items]
Totals	215,616	187,855
Standby letters of credit [Member]
Loans and Allowance for Loan Losses (Details) - Summary loan commitments, unused lines of credit and standby letters of credit [Line Items]
Totals	$ 3,161	$ 2,657

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses (Details) - Schedule of allowance for loan and lease losses (“ALLL”) and the recorded investment in loans based on portfolio segment and impairment method - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	$ 8,755	$ 8,167
Allowance:
individually evaluated for impairment	337	726
collectively evaluated for impairment	12,237	8,029
Totals	12,574	8,755
Loans:
individually evaluated for impairment	5,959	5,585
collectively evaluated for impairment	868,185	819,205
Totals	874,144	824,790
Charge offs	(743)	(259)
Recoveries	62	47
Provision	4,500	800
Ending balance	12,574	8,755
Commercial & industrial [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	1,883	1,435
Allowance:
individually evaluated for impairment		511
collectively evaluated for impairment	3,074	1,372
Totals	3,074	1,883
Loans:
individually evaluated for impairment	849	1,722
collectively evaluated for impairment	203,918	149,325
Totals	204,767	151,047
Charge offs	(582)	(143)
Recoveries	16	9
Provision	1,757	582
Ending balance	3,074	1,883
Commercial real estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	3,602	2,923
Allowance:
individually evaluated for impairment	174	147
collectively evaluated for impairment	5,277	3,455
Totals	5,451	3,602
Loans:
individually evaluated for impairment	2,202	1,558
collectively evaluated for impairment	368,618	365,224
Totals	370,820	366,782
Charge offs
Recoveries		1
Provision	1,849	678
Ending balance	5,451	3,602
Agricultural [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	434	482
Allowance:
individually evaluated for impairment
collectively evaluated for impairment	496	434
Totals	496	434
Loans:
individually evaluated for impairment
collectively evaluated for impairment	55,235	50,994
Totals	55,235	50,994
Charge offs
Recoveries
Provision	62	(48)
Ending balance	496	434
Residential real estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	2,203	2,567
Allowance:
individually evaluated for impairment	160	68
collectively evaluated for impairment	2,374	2,135
Totals	2,534	2,203
Loans:
individually evaluated for impairment	2,746	2,274
collectively evaluated for impairment	179,419	190,885
Totals	182,165	193,159
Charge offs	(82)	(53)
Recoveries	40	14
Provision	373	(325)
Ending balance	2,534	2,203
Consumer [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	633	760
Allowance:
individually evaluated for impairment	3
collectively evaluated for impairment	1,016	633
Totals	1,019	633
Loans:
individually evaluated for impairment	162	31
collectively evaluated for impairment	60,995	62,777
Totals	61,157	62,808
Charge offs	(79)	(63)
Recoveries	6	23
Provision	459	(87)
Ending balance	$ 1,019	$ 633

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses (Details) - Summary of credit risk profile of the Company's loan portfolio based on rating category - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	$ 874,144	$ 824,790
Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	856,149	814,267
Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	7,830	1,140
Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	7,215	6,401
Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	2,950	2,982
Commercial & industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	204,767	151,047
Commercial & industrial [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	202,543	147,667
Commercial & industrial [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	1,485	597
Commercial & industrial [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	151	1,444
Commercial & industrial [Member] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	588	1,339
Commercial real estate - owner occupied [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	113,169	98,488
Commercial real estate - owner occupied [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	108,726	96,836
Commercial real estate - owner occupied [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	2,993
Commercial real estate - owner occupied [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans		290
Commercial real estate - owner occupied [Member] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	1,450	1,362
Commercial real estate - nonowner occupied [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	257,651	268,294
Commercial real estate - nonowner occupied [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	250,405	265,839
Commercial real estate - nonowner occupied [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	3,338	543
Commercial real estate - nonowner occupied [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	3,026	1,663
Commercial real estate - nonowner occupied [Member] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	882	249
Agricultural [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	55,235	50,994
Agricultural [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	55,227	50,994
Agricultural [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans
Agricultural [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	8
Agricultural [Member] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans
Residential real estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	182,165	193,159
Residential real estate [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	178,575	190,438
Residential real estate [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans
Residential real estate [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	3,560	2,689
Residential real estate [Member] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	30	32
HELOC [Memeber]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	46,310	48,070
HELOC [Memeber] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	45,866	47,787
HELOC [Memeber] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans
HELOC [Memeber] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	444	283
HELOC [Memeber] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	14,847	14,738
Consumer [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	14,807	14,706
Consumer [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	14
Consumer [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	26	32
Consumer [Member] | Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses (Details) - Summary of loan portfolio aging analysis - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 6,560	$ 2,457
Current	867,584	822,333
Total Loans Receivable	874,144	824,790
Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	713	617
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	4,197	1,241
Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,650	599
Commercial & industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	998	376
Current	203,769	150,671
Total Loans Receivable	204,767	151,047
Commercial & industrial [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	380	64
Commercial & industrial [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	618	312
Commercial real estate - owner occupied [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,450
Current	111,719	98,488
Total Loans Receivable	113,169	98,488
Commercial real estate - owner occupied [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial real estate - owner occupied [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,450
Commercial real estate - owner occupied [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial real estate - nonowner occupied [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	840	215
Current	256,811	268,079
Total Loans Receivable	257,651	268,294
Commercial real estate - nonowner occupied [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial real estate - nonowner occupied [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	699	215
Commercial real estate - nonowner occupied [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	141
Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	8	13
Current	55,227	50,981
Total Loans Receivable	55,235	50,994
Agricultural [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	8	13
Agricultural [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Agricultural [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Residential real estate [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	2,617	1,368
Current	179,548	191,791
Total Loans Receivable	182,165	193,159
Residential real estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	12	309
Residential real estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,212	644
Residential real estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,393	415
HELOC [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	462	313
Current	45,848	47,757
Total Loans Receivable	46,310	48,070
HELOC [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	190	166
HELOC [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	198	56
HELOC [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	74	91
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	185	172
Current	14,662	14,566
Total Loans Receivable	14,847	14,738
Consumer [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	123	65
Consumer [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	20	14
Consumer [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 42	$ 93

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses (Details) - Summary of impaired loan activity - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Commercial & industrial [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment	$ 849	$ 722
With no related allowance recorded, Unpaid Principal Balance	1,645	1,092
With no related allowance recorded, Related Allowance
With no related allowance recorded, Average Recorded Investment	1,878	1,377
With no related allowance recorded, Interest Income Recognized	50	114
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment		1,000
With a specific allowance recorded, Unpaid Principal Balance		1,000
With a specific allowance recorded, Related Allowance		511
With a specific allowance recorded, Average Recorded Investment		823
With a specific allowance recorded, Interest Income Recognized		49
Totals:
Total Recorded Investment	849	1,722
Total Unpaid Principal Balance	1,645	2,092
Total Related Allowance		511
Total Average Recorded Investment	1,878	2,200
Total Interest Income Recognized	50	163
Commercial real estate - owner occupied [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment	1,441
With no related allowance recorded, Unpaid Principal Balance	1,441
With no related allowance recorded, Related Allowance
With no related allowance recorded, Average Recorded Investment	1,573
With no related allowance recorded, Interest Income Recognized	11
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment		1,362
With a specific allowance recorded, Unpaid Principal Balance		1,362
With a specific allowance recorded, Related Allowance		147
With a specific allowance recorded, Average Recorded Investment		1,362
With a specific allowance recorded, Interest Income Recognized		38
Totals:
Total Recorded Investment	1,441	1,362
Total Unpaid Principal Balance	1,441	1,362
Total Related Allowance		147
Total Average Recorded Investment	1,573	1,362
Total Interest Income Recognized	11	38
Commercial real estate - nonowner occupied [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment	182	196
With no related allowance recorded, Unpaid Principal Balance	182	197
With no related allowance recorded, Related Allowance
With no related allowance recorded, Average Recorded Investment	258	259
With no related allowance recorded, Interest Income Recognized	14	21
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment	579
With a specific allowance recorded, Unpaid Principal Balance	579
With a specific allowance recorded, Related Allowance	174
With a specific allowance recorded, Average Recorded Investment	579
With a specific allowance recorded, Interest Income Recognized	3
Totals:
Total Recorded Investment	761	196
Total Unpaid Principal Balance	761	197
Total Related Allowance	174
Total Average Recorded Investment	837	259
Total Interest Income Recognized	17	21
Agricultural [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment
With no related allowance recorded, Unpaid Principal Balance
With no related allowance recorded, Related Allowance
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment
With a specific allowance recorded, Unpaid Principal Balance
With a specific allowance recorded, Related Allowance
With a specific allowance recorded, Average Recorded Investment
With a specific allowance recorded, Interest Income Recognized
Totals:
Total Recorded Investment
Total Unpaid Principal Balance
Total Related Allowance
Total Average Recorded Investment
Total Interest Income Recognized
Residential real estate [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment	1,017	1,621
With no related allowance recorded, Unpaid Principal Balance	1,084	1,687
With no related allowance recorded, Related Allowance
With no related allowance recorded, Average Recorded Investment	1,243	2,001
With no related allowance recorded, Interest Income Recognized	64	106
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment	1,729	653
With a specific allowance recorded, Unpaid Principal Balance	1,774	653
With a specific allowance recorded, Related Allowance	160	68
With a specific allowance recorded, Average Recorded Investment	1,785	666
With a specific allowance recorded, Interest Income Recognized	14	31
Totals:
Total Recorded Investment	2,746	2,274
Total Unpaid Principal Balance	2,858	2,340
Total Related Allowance	160	68
Total Average Recorded Investment	3,028	2,667
Total Interest Income Recognized	78	137
HELOC [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment	89	16
With no related allowance recorded, Unpaid Principal Balance	89	16
With no related allowance recorded, Average Recorded Investment	98	18
With no related allowance recorded, Interest Income Recognized	4	1
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment	66
With a specific allowance recorded, Unpaid Principal Balance	66
With a specific allowance recorded, Related Allowance	3
With a specific allowance recorded, Average Recorded Investment	83
With a specific allowance recorded, Interest Income Recognized	6
Totals:
Total Recorded Investment	155	16
Total Unpaid Principal Balance	155	16
Total Related Allowance	3
Total Average Recorded Investment	181	18
Total Interest Income Recognized	10	1
Consumer [Member]
With no related allowance recorded:
With no related allowance recorded, Recorded Investment	7	15
With no related allowance recorded, Unpaid Principal Balance	7	15
With no related allowance recorded, Related Allowance
With no related allowance recorded, Average Recorded Investment	12	19
With no related allowance recorded, Interest Income Recognized	1	1
With a specific allowance recorded:
With a specific allowance recorded, Recorded Investment
With a specific allowance recorded, Unpaid Principal Balance
With a specific allowance recorded, Related Allowance
With a specific allowance recorded, Average Recorded Investment
With a specific allowance recorded, Interest Income Recognized
Totals:
Total Recorded Investment	7	15
Total Unpaid Principal Balance	7	15
Total Related Allowance
Total Average Recorded Investment	12	19
Total Interest Income Recognized	$ 1	$ 1

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses (Details) - Schedule of TDR activity $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans	3
Pre-Modification Recorded Balance	$ 763
Post Modification Recorded Balance	763
Interest Only	150
Combination
Total modifications	763
Term	$ 613
Commercial & industrial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans	3
Pre-Modification Recorded Balance	$ 763
Post Modification Recorded Balance	763
Interest Only	150
Combination
Total modifications	763
Term	$ 613

Accounting for Certain Loans _3

Accounting for Certain Loans Acquired in a Transfer (Details) $ in Millions	Dec. 31, 2020USD ($)
Accounting Policies [Abstract]
Amount of accretable yield or income expected to be collected	$ 0.3

Accounting for Certain Loans _4

Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet $ in Thousands	Dec. 31, 2020USD ($)
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans	$ 14,453
Commercial & industrial [Member]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans	1,499
Commercial real estate - owner occupied [Member ]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans
Commercial Real Estate - Nonowner Occupied [Member]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans	505
Agricultural [Member]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans	9,180
Residential real estate [Member]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans	3,176
Home equity line of credit [Member]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans
Consumer [Member]
Accounting for Certain Loans Acquired in a Transfer (Details) - Schedule of acquired loans included in the balance sheet [Line Items]
Total loans	$ 93

Premises and Equipment (Details

Premises and Equipment (Details) - Schedule of premises and equipment - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 43,242	$ 41,812
Less accumulated depreciation	(19,685)	(18,427)
Net premises and equipment	23,557	23,385
Land [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	3,996	3,945
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	26,743	26,953
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	11,506	10,786
Construction in process [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 997	$ 128

Goodwill and Intangibles (Detai

Goodwill and Intangibles (Details) - USD ($) $ in Thousands	Jun. 05, 2020	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangibles (Details) [Line Items]
Goodwill		$ 22,100	$ 17,800
Amortization expense		$ 46	$ 8
SBFG Title, LLC [Member]
Goodwill and Intangibles (Details) [Line Items]
Goodwill	$ 1,400
Edon State Bank Company [Member]
Goodwill and Intangibles (Details) [Line Items]
Goodwill	$ 4,300

Goodwill and Intangibles (Det_2

Goodwill and Intangibles (Details) - Schedule of goodwill - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Schedule of goodwill [Abstract]
Beginning balance	$ 17,792	$ 16,353
Ending balance	22,091	17,792
Acquired goodwill	4,325	1,439
Measurement period adjustments	$ (26)

Goodwill and Intangibles (Det_3

Goodwill and Intangibles (Details) - Schedule of carrying basis and accumulated amortization of intangible assets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Core deposits intangible [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 5,359	$ 4,698
Accumulated Amortization	(4,735)	(4,692)
Customer relationship intangible [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	200	200
Accumulated Amortization	(170)	(166)
Banking intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,559	4,898
Accumulated Amortization	$ (4,905)	$ (4,858)

Mortgage Banking and Servicin_3

Mortgage Banking and Servicing Rights (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Mortgage Servicing Rights [Abstract]
Unpaid principal balance of mortgage loans	$ 1.3	$ 1.2
Contractually specified servicing fees	$ 3.2	$ 2.6

Mortgage Banking and Servicin_4

Mortgage Banking and Servicing Rights (Details) - Schedule of mortgage servicing rights capitalized and related amortization, along with activity in the related valuation allowance - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Schedule of mortgage servicing rights capitalized and related amortization, along with activity in the related valuation allowance [Abstract]
Carrying amount, beginning of year	$ 11,017	$ 11,365
Mortgage servicing rights capitalized during the year	5,090	2,872
Mortgage servicing rights amortization during the year	(4,762)	(2,126)
Net change in valuation allowance	(3,586)	(1,094)
Carrying amount, end of year	7,759	11,017
Valuation allowance:
Beginning of year	1,306	212
Increase (reduction)	3,586	1,094
End of year	4,892	1,306
Fair value, beginning of period	11,864	12,672
Fair value, end of period	$ 7,759	$ 11,864

Derivative Financial Instrume_3

Derivative Financial Instruments (Details) - Schedule of notional amount and fair value of interest rate swaps - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Asset Derivatives, Notional Amount	$ 133,817	$ 99,173
Asset Derivatives, Fair Value	8,240	2,901
Liability Derivatives ,Notional Amount	137,687	104,826
Liability Derivatives, Fair Value	(8,227)	(2,878)
Interest rate swaps associated with loans [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Notional Amount	87,687	82,826
Asset Derivatives, Fair Value	7,962	2,846
Liability Derivatives ,Notional Amount	87,687	82,826
Liability Derivatives, Fair Value	(7,962)	(2,846)
IRLCs [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Notional Amount	46,130	16,347
Asset Derivatives, Fair Value	278	55
Forward contracts [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives ,Notional Amount	50,000	22,000
Liability Derivatives, Fair Value	$ (265)	$ (32)

Derivative Financial Instrume_4

Derivative Financial Instruments (Details) - Schedule of consolidated statements of income for non-hedging derivative financial instruments - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Interest rate swap contracts [Member]
Condensed Financial Statements, Captions [Line Items]
Statement of income classification	Other income
Amount of gain (loss)	$ 355	$ 513
Interest rate swap contracts [Member]
Condensed Financial Statements, Captions [Line Items]
Statement of income classification	Other expense
Amount of gain (loss)		(41)
IRLCs [Member]
Condensed Financial Statements, Captions [Line Items]
Statement of income classification	Gain on sale of mortgage loans & OMSR
Amount of gain (loss)	$ 223	(28)
Forward contracts [Member]
Condensed Financial Statements, Captions [Line Items]
Statement of income classification	Gain on sale of mortgage loans & OMSR
Amount of gain (loss)	$ (233)	$ 81

Derivative Financial Instrume_5

Derivative Financial Instruments (Details) - Schedule of financial assets and derivative assets - Interest rate swaps [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Offsetting Assets [Line Items]
Gross amounts of recognized assets	$ 7,962	$ 2,901
Gross amounts offset in the consolidated balance sheet		55
Net amounts of assets presented in the consolidated balance sheet	7,962	2,846
Gross amounts not offset in the consolidated balance sheet, Financial instruments
Gross amounts not offset in the consolidated balance sheet, Cash collateral received
Gross amounts not offset in the consolidated balance sheet, Net amount	$ 7,962	$ 2,846

Derivative Financial Instrume_6

Derivative Financial Instruments (Details) - Schedule of financial liabilities and derivative liabilities - Interest rate swaps [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Offsetting Liabilities [Line Items]
Gross amounts of recognized liabilities	$ 7,962	$ 2,901
Gross amounts offset in the consolidated balance sheet		55
Net amounts of liabilities presented in the consolidated balance sheet	7,962	2,846
Gross amounts not offset in the consolidated balance sheet, Financial instruments
Gross amounts not offset in the consolidated balance sheet, Cash collateral pledged	8,896	3,242
Gross amounts not offset in the consolidated balance sheet, Net amount	$ (934)	$ (396)

Interest-Bearing Deposits (Deta

Interest-Bearing Deposits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Interest-Bearing Deposits [Abstract]
Interest-bearing time deposits in denominations of $250,000 or more	$ 27,800,000	$ 36,200,000
Certificates of deposit obtained from brokers	5,000,000	5,200,000
Time deposits	73,100,000	$ 88,300,000
Cash FDIC insured amount	250,000
Cash CDARS program insured	250,000
Other banks program	$ 250,000

Interest-Bearing Deposits (De_2

Interest-Bearing Deposits (Details) - Schedule of maturities of time deposit - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Schedule of maturities of time deposit [Abstract]
2021	$ 156,761
2022	47,518
2023	18,399
2024	4,338
2025	2,351
Thereafter	182
Total	$ 229,549	$ 257,753

Short-Term Borrowings (Details)

Short-Term Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Short-Term Borrowings (Details) [Line Items]
Repurchase agreements securities	$ 20,189	$ 12,945
Mortgage-backed securities	17,500	15,000
Retail repurchase agreements total amount	20,200
Purchases of federal funds	41,000
Retail Repurchase Agreements [Member]
Short-Term Borrowings (Details) [Line Items]
Repurchase agreements securities	$ 10,700	4,500
Mortgage-backed securities maturity, basis of allocation description	This collateral has maturities from 2022 through 2061.
Maximum amount of outstanding agreements at any month-end	$ 25,600	22,700
Monthly average of such agreements	$ 20,800	$ 15,300
Short-term borrowings mature, description	The repurchase agreements mature within one month.

Short-Term Borrowings (Detail_2

Short-Term Borrowings (Details) - Schedule of short-term borrowings - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Schedule of short-term borrowings [Abstract]
Securities Sold Under Repurchase Agreements	$ 20,189	$ 12,945

Federal Home Loan Bank Advanc_3

Federal Home Loan Bank Advances (Details) $ in Millions	Dec. 31, 2020USD ($)
Federal Home Loan Bank Advances (Details) [Line Items]
Secured by mortgage loans (in Dollars)	$ 147.1
Minimum [Member]
Federal Home Loan Bank Advances (Details) [Line Items]
Interest rate	2.77%
Maximum [Member]
Federal Home Loan Bank Advances (Details) [Line Items]
Interest rate	2.93%

Federal Home Loan Bank Advanc_4

Federal Home Loan Bank Advances (Details) - Schedule of aggregate annual maturities of FHLB advances - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Schedule of aggregate annual maturities of FHLB advances [Abstract]
2021	$ 2,500
2022	3,000
2023	2,500
Total	$ 8,000	$ 16,000

Trust Preferred Securities (Det

Trust Preferred Securities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Trust Preferred Securities [Abstract]
Trust preferred securities, description	On September 15, 2005, RST II, a wholly-owned subsidiary of the Company, closed a pooled private offering of 10,000 Capital Securities with a liquidation amount of $1,000 per security. The proceeds of the offering were loaned to the Company in exchange for junior subordinated debentures with terms similar to the Capital Securities. Distributions on the Capital Securities are payable quarterly at a variable rate that is based upon the 3-month LIBOR plus 1.80 percent and are included in interest expense in the consolidated financial statements. These securities may be included in Tier 1 capital and may be prepaid at anytime without penalty (with certain limitations applicable) under current regulatory guidelines and interpretations
Capital securities	$ 10.3	$ 10.3
Capital Securities, maturity date	Sep. 15, 2035

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of provision for income taxes - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Schedule of provision for income taxes [Abstract]
Taxes currently payable		$ 5,939	$ 2,938
Deferred provision		(2,444)	(279)
Income tax expense	[1]	$ 3,495	$ 2,659
[1]	Income tax expense for Edon calculated using a 21% statuatory rate

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of reconciliation of income tax expense - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Schedule of reconciliation of income tax expense [Abstract]
Computed at the statutory rate (21%)	$ 3,872	$ 3,073
Increase (decrease) resulting from
Tax exempt interest	(91)	(113)
BOLI income	(65)	(71)
Stock compensation	(39)	(45)
Other	(182)	(185)
Actual tax expense	$ 3,495	$ 2,659

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of temporary differences related to deferred taxes shown - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets
Allowance for loan losses	$ 2,641	$ 1,838
Net deferred loan fees	298	53
Section 475 MTM	645	209
Accrued bonus	375	192
Other	714	258
Deferred Tax Assets, Gross	4,673	2,550
Deferred tax liabilities
Depreciation	(1,168)	(1,009)
Mortgage servicing rights	(1,668)	(2,378)
Unrealized gains on available-for-sale securities	(587)	(175)
Purchase accounting adjustments	(1,628)	(1,227)
Prepaids	(465)	(447)
FHLB stock dividends	(288)	(288)
Deferred Tax Liabilities, Gross	(5,804)	(5,524)
Net deferred tax liability	$ (1,131)	$ (2,974)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - Schedule of reclassification out of accumulated other comprehensive income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Schedule of reclassification out of accumulated other comprehensive income [Abstract]
Realized gains included in net income		$ 206
Realized gains included in net income, Total		206
Tax effect		(43)
Net of Tax		$ 163

Regulatory Matters (Details)

Regulatory Matters (Details)	12 Months Ended
	Dec. 31, 2020
Regulatory Matters [Abstract]
Capital conservation buffer percentage, description	The capital conservation buffer was 2.50 percent at December 31, 2020.

Regulatory Matters (Details) -

Regulatory Matters (Details) - Schedule of State Bank’s actual capital amounts and ratios $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Schedule of State Bank’s actual capital amounts and ratios [Abstract]
Tier I Capital to average assets, Actual, Amount	$ 119,480	$ 116,884
Tier I Capital to average assets, Actual, Ratio	0.0994	0.1136
Tier I Capital to average assets, For Capital Adequacy Purposes, Amount	$ 48,099	$ 41,165
Tier I Capital to average assets, For Capital Adequacy Purposes, Ratio	0.040	0.040
Tier I Capital to average assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Amount	$ 60,123	$ 51,456
Tier I Capital to average assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Ratio	0.050	0.050
Tier I Common equity capital to risk-weighted assets, Actual, Amount	$ 119,480	$ 116,884
Tier I Common equity capital to risk-weighted assets, Actual, Ratio	12.91%	12.46%
Tier I Common equity capital to risk-weighted assets, For Capital Adequacy Purposes, Amount	$ 41,651	$ 42,204
Tier I Common equity capital to risk-weighted assets, For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier I Common equity capital to risk-weighted assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Amount	$ 60,162	$ 60,962
Tier I Common equity capital to risk-weighted assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Ratio	6.50%	6.50%
Tier I Capital to risk-weighted assets, Actual, Amount	$ 119,480	$ 116,884
Tier I Capital to risk-weighted assets, Actual, Ratio	0.1291	0.1246
Tier I Capital to risk-weighted assets, For Capital Adequacy Purposes, Amount	$ 55,534	$ 56,273
Tier I Capital to risk-weighted assets, For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier I Capital to risk-weighted assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Amount	$ 74,046	$ 75,030
Tier I Capital to risk-weighted assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Ratio	0.080	0.080
Total Risk-based capital to risk-weighted assets, Actual, Amount	$ 131,062	$ 125,639
Total Risk-based capital to risk-weighted assets, Actual, Ratio	0.1416	0.1340
Total Risk-based capital to risk-weighted assets, For Capital Adequacy Purposes, Amount	$ 74,046	$ 75,030
Total Risk-based capital to risk-weighted assets, For Capital Adequacy Purposes, Ratio	0.080	0.080
Total Risk-based capital to risk-weighted assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Amount	$ 92,557	$ 93,788
Total Risk-based capital to risk-weighted assets, To Be Well Capitalized Under Prompt Corrective Action Procedures, Ratio	0.100	0.100

Employee Benefits (Details)

Employee Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Employee Benefits [Abstract]
Employer matching contribution, percent	100.00%
Maximum employee contribution of compensation received	4.00%
Contribution plan, description	Any discretionary contribution made by the Company is fully vested after three years of credited service.
Amount of employer contributions charged to expense	$ 700	$ 600
Description of supplemental executive retirement plan agreement with certain active and retired officers	The agreements provide monthly payments for up to 15 years that equal 15 percent to 25 percent of average compensation prior to retirement or death.
Employee stock ownership plan (ESOP), compensation expense for current agreements	$ 300	300
Cash surrender value of all life insurance policies	$ 17,530	$ 17,221
Employee stock ownership plan (ESOP), number of allocated shares (in Shares)	412,402	415,286
Employee stock ownership plan (ESOP), expense	$ 200	$ 0

Share Based Compensation Plan_2

Share Based Compensation Plan (Details) - USD ($) $ in Millions	Apr. 30, 2017	Dec. 31, 2020	Dec. 31, 2019
Share Based Compensation Plan (Details) [Line Items]
Share based compensation plan, description	The Company’s 2008 Stock Incentive Plan (the “2008 Plan”), which was approved by the shareholders in April 2008, permitted the grant or award of incentive stock options, nonqualified stock options, stock appreciation rights, and restricted stock for up to 250,000 Common Shares of the Company.
Option exercised shares (in Shares)		26,950
Total intrinsic value		$ 0.3
Cash received from exercised options		$ 0.2
Share-based Payment Arrangement [Member]
Share Based Compensation Plan (Details) [Line Items]
SAR and common restricted stock, shares (in Shares)	500,000
Option awards vesting period		5 years
Option awards contractual terms		10 years
Restricted Stock [Member]
Share Based Compensation Plan (Details) [Line Items]
Compensation cost charged against income		$ 0.4	$ 0.4
Total income tax benefit recognized in income statement for share-based compensation arrangements		0.1	$ 0.1
Total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under plan		$ 0.4
Weighted-average period term		1 year 240 days

Share Based Compensation Plan_3

Share Based Compensation Plan (Details) - Schedule of incentive stock option activity	12 Months Ended
	Dec. 31, 2020USD ($)$ / sharesshares
Schedule of incentive stock option activity [Abstract]
Outstanding | shares	28,250
Weighted-Average Exercise Price, Outstanding | $ / shares	$ 6.98
Outstanding | shares
Weighted-Average Exercise Price, Outstanding | $ / shares
Weighted- Average Remaining Term, Outstanding
Aggregate Intrinsic Value, Outstanding | $
Exercisable | shares
Weighted-Average Exercise Price, Exercisable | $ / shares
Weighted-Average Remaining Term, Exercisable
Aggregate Intrinsic Value, Exercisable | $
Granted | shares
Weighted-Average Exercise Price, Granted | $ / shares
Exercised | shares	(26,950)
Weighted-Average Exercise Price, Exercised | $ / shares	$ 6.98
Forfeited | shares
Weighted-Average Exercise Price, Forfeited | $ / shares
Expired | shares	(1,300)
Weighted-Average Exercise Price, Expired | $ / shares	$ 6.98

Share Based Compensation Plan_4

Share Based Compensation Plan (Details) - Schedule of restricted stock activity under the Company’s LTI Plan - Restricted Stock [Member]	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Share Based Compensation Plan (Details) - Schedule of restricted stock activity under the Company’s LTI Plan [Line Items]
Nonvested, beginning of year | shares	43,741
Weighted-Average Value per Share, beginning of year | $ / shares	$ 17.41
Granted | shares	16,442
Weighted-Average Value per Share, Granted | $ / shares	$ 19.57
Vested | shares	(22,451)
Weighted-Average Value per Share, Vested | $ / shares	$ 17.18
Forfeited | shares	(2,954)
Weighted-Average Value per Share, Forfeited | $ / shares	$ 18.01
Nonvested, end of year | shares	34,778
Weighted-Average Value per Share, Nonvested, end of year | $ / shares	$ 18.52

Preferred Stock (Details)

Preferred Stock (Details) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 23, 2014	Dec. 31, 2020	Dec. 26, 2019
Preferred Stock (Details) [Line Items]
Preferred capital offering, description	the Company completed its public offering of 1,500,000 depositary shares, each representing a 1/100th ownership interest in a 6.50 percent Noncumulative Convertible Perpetual Preferred Share, Series A (“Series A Preferred Shares”), of the Company with a liquidation preference of $1,000 per share (equivalent to $10.00 per depositary shares).
Liquidation preference per share	$ 1,000
Share price	$ 10
Depository shares issued, shares	1,500,000
Depository shares issued, value	$ 15,000,000
Proceeds from issuance of Series A preferred stock	$ 14,000,000
Conversion of stock, shares converted		990
Conversion price		$ 0.9908093
Common shares conversion price			$ 10.09276
Underlying series a preferred shares issued and outstanding		1,412,425
Conversion of shares		$ 1,399,443
Conversion of shares, amount		$ 18.49
Series A Preferred Stock [Member]
Preferred Stock (Details) [Line Items]
Underlying series a preferred shares issued and outstanding		1,412

Disclosures About Fair Value _3

Disclosures About Fair Value of Assets and Liabilities (Details)	12 Months Ended
	Dec. 31, 2020
Mortgage Servicing Rights [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) [Line Items]
Interest rate on mortgage service, description	The servicing rights have had an increase in prepayments and the 10.68 percent increase in the constant prepayment rate reflects the change in market rates.

Disclosures About Fair Value _4

Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
U.S. Treasury and Government Agencies [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	$ 6,864	$ 12,202
Mortgage-backed securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	127,761	78,182
State and political subdivisions [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	12,275	10,564
Other corporate securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	2,506
Interest rate contracts - assets [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	7,962	2,846
Interest rate contracts - liabilities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	(7,962)	(2,846)
Forward contracts [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	(265)	(32)
IRLCs [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	278	55
Fair Value, Inputs, Level 1 [Member] | U.S. Treasury and Government Agencies [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 1 [Member] | State and political subdivisions [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 1 [Member] | Other corporate securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 1 [Member] | Interest rate contracts - assets [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 1 [Member] | Interest rate contracts - liabilities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 1 [Member] | Forward contracts [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	(265)	(32)
Fair Value, Inputs, Level 1 [Member] | IRLCs [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 2 [Member] | U.S. Treasury and Government Agencies [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	6,864	12,202
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	127,761	78,182
Fair Value, Inputs, Level 2 [Member] | State and political subdivisions [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	12,275	10,564
Fair Value, Inputs, Level 2 [Member] | Other corporate securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	2,506
Fair Value, Inputs, Level 2 [Member] | Interest rate contracts - assets [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	7,962	2,846
Fair Value, Inputs, Level 2 [Member] | Interest rate contracts - liabilities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	(7,962)	(2,846)
Fair Value, Inputs, Level 2 [Member] | Forward contracts [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 2 [Member] | IRLCs [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | U.S. Treasury and Government Agencies [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | State and political subdivisions [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | Other corporate securities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | Interest rate contracts - assets [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | Interest rate contracts - liabilities [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | Forward contracts [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring
Fair Value, Inputs, Level 3 [Member] | IRLCs [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value, assets measured on recurring basis [Line Items]
Assets, fair value, recurring	$ 278	$ 55

Disclosures About Fair Value _5

Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Impaired loans [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring	$ 3,544	$ 2,527
Mortgage servicing rights [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring	7,759	5,084
Fair Value, Inputs, Level 1 [Member] | Impaired loans [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring
Fair Value, Inputs, Level 1 [Member] | Mortgage servicing rights [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring
Fair Value, Inputs, Level 2 [Member] | Impaired loans [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring
Fair Value, Inputs, Level 2 [Member] | Mortgage servicing rights [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring
Fair Value, Inputs, Level 3 [Member] | Impaired loans [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring	3,544	2,527
Fair Value, Inputs, Level 3 [Member] | Mortgage servicing rights [Member]
Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of fair value measurements, nonrecurring [Line Items]
Assets, fair value, nonrecurring	$ 7,759	$ 5,084

Disclosures About Fair Value _6

Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Collateral Dependent Impaired Loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 3,544	$ 2,527
Valuation technique	Market comparable properties	Market comparable properties
Unobservable inputs	Comparability adjustments (%)	Comparability adjustments (%)
Range (weighted average)	0 - 43% (22)	2 - 62% (28)
Mortgage Servicing Rights [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 7,759	$ 5,084
Valuation technique	Discounted cash flow	Discounted cash flow
Unobservable inputs	Discount Rate	Discount Rate
Range (weighted average)	8.28%	9.36%
IRLCs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 278	$ 55
Valuation technique	Discounted cash flow	Discounted cash flow
Unobservable inputs	Loan closing rates	Loan closing rates
Range (weighted average)	49% - 100%	66% - 100%
Constant Prepayment Rate [Member] | Mortgage Servicing Rights [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable inputs	Constant prepayment rate	Constant prepayment rate
Range (weighted average)	20.87%	10.19%
P and I Earnings Credit [Member] | Mortgage Servicing Rights [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable inputs	P&I earnings credit	P&I earnings credit
Range (weighted average)	0.14%	1.78%
T and I Earnings Credit [Member] | Mortgage Servicing Rights [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable inputs	T&I earnings credit	T&I earnings credit
Range (weighted average)	0.24%	1.93%
Inflation for cost of servicing [Member] | Mortgage Servicing Rights [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable inputs	Inflation for cost of servicing	Inflation for cost of servicing
Range (weighted average)	1.50%	1.50%

Disclosures About Fair Value _7

Disclosures About Fair Value of Assets and Liabilities (Details) - Schedule of financial instruments could be sold individually or in the aggregate - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financial assets
Cash and due from banks	$ 140,690	$ 27,064
Interest bearing time deposits	5,823
Loans held for sale	7,234	7,258
Loans, net of allowance for loan losses	860,149	816,755
Federal Reserve and FHLB Bank stock, at cost	5,303	4,648
Interest receivable	3,799	3,106
Financial liabilities
Deposits	1,049,011	840,219
Repurchase agreements		12,945
Short term borrowings	20,189	12,945
FHLB advances	8,000	16,000
Trust preferred securities	10,310	10,310
Interest payable	616	1,191
Estimate of Fair Value Measurement [Member]
Financial assets
Cash and due from banks	140,690	27,064
Interest bearing time deposits	5,823
Loans held for sale	7,508	7,419
Loans, net of allowance for loan losses	853,294	804,808
Federal Reserve and FHLB Bank stock, at cost	5,303	4,648
Interest receivable	3,799	3,106
Financial liabilities
Deposits	1,050,558	840,272
Repurchase agreements		12,945
Short term borrowings	20,189
FHLB advances	8,257	16,149
Trust preferred securities	8,394	9,201
Interest payable	616	1,191
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and due from banks	140,690	27,064
Interest bearing time deposits
Loans held for sale
Loans, net of allowance for loan losses
Federal Reserve and FHLB Bank stock, at cost
Interest receivable
Financial liabilities
Deposits	819,462	582,466
Repurchase agreements
Short term borrowings
FHLB advances
Trust preferred securities
Interest payable
Fair Value, Inputs, Level 2 [Member]
Financial assets
Cash and due from banks
Interest bearing time deposits	5,823
Loans held for sale	7,508	7,419
Loans, net of allowance for loan losses
Federal Reserve and FHLB Bank stock, at cost	5,303	4,648
Interest receivable	3,799	3,106
Financial liabilities
Deposits	231,096	257,806
Repurchase agreements		12,945
Short term borrowings	20,189
FHLB advances	8,257	16,149
Trust preferred securities	8,394	9,201
Interest payable	616	1,191
Fair Value, Inputs, Level 3 [Member]
Financial assets
Cash and due from banks
Interest bearing time deposits
Loans held for sale
Loans, net of allowance for loan losses	853,294	804,808
Federal Reserve and FHLB Bank stock, at cost
Interest receivable
Financial liabilities
Deposits
Repurchase agreements
Short term borrowings
FHLB advances
Trust preferred securities
Interest payable

Parent Company Financial Info_3

Parent Company Financial Information (Details) - Schedule of condensed balance sheets - Parent [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash & cash equivalents	$ 2,178	$ 7,457
Investment in banking subsidiaries	143,244	134,244
Investment in nonbanking subsidiaries	5,617	4,883
Other assets	3,229	192
Total assets	154,268	146,776
Liabilities
Trust preferred securities	10,000	10,000
Borrowings from nonbanking subsidiaries	310	310
Other liabilities & accrued interest payable	1,035	372
Total liabilities	11,345	10,682
Stockholders’ equity	142,923	136,094
Total liabilities and stockholders’ equity	$ 154,268	$ 146,776

Parent Company Financial Info_4

Parent Company Financial Information (Details) - Schedule of condensed statements of income and comprehensive income - Parent [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Dividends from subsidiaries:
Banking subsidiaries	$ 24,025	$ 6,000
Nonbanking subsidiaries		575
Total income	24,025	6,575
Expenses
Interest expense	256	414
Other expense	2,950	1,773
Total expenses	3,206	2,187
Income before income tax	20,819	4,388
Income tax benefit	(712)	(508)
Income before equity in undistributed income of subsidiaries	21,531	4,896
Equity in undistributed income of subsidiaries
Banking subsidiaries	(8,071)	6,526
Nonbanking subsidiaries	1,484	551
Total	(6,587)	7,077
Net income	14,944	11,973
Preferred stock dividends		950
Net income available to common shareholders	14,944	11,023
Net income	14,944	11,973
Available-for-sale investment securities:
Gross unrealized holding gain (loss) arising in the period	1,963	1,327
Related tax (expense) benefit	(412)	(279)
Less: reclassification adjustment for gain realized in income		206
Related tax expense		(43)
Net effect on other comprehensive income	1,551	1,211
Total comprehensive income	$ 16,495	$ 13,184

Parent Company Financial Info_5

Parent Company Financial Information (Details) - Schedule of condensed statements of cash flows - Parent [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating activities
Net income	$ 14,944	$ 11,973
Equity in undistributed net income of subsidiaries	6,587	(7,077)
Stock compensation expense	382	417
Other assets	(2,287)	32
Other liabilities	663	(884)
Net cash provided by operating activities	20,289	4,461
Investing activities
Capital contributed to banking subsidiary	(15,520)
Capital contributed to nonbanking subsidiary		(3,100)
Net cash used in investing activities	(15,520)	(3,100)
Financing activities
Dividends on common shares	(3,070)	(2,331)
Dividends on preferred shares		(950)
Proceeds from issuance of common shares		139
Conversion of preferred shares		(1)
Proceeds from share-based compensation plans	188	251
Repurchase of common shares	(7,166)	(5,050)
Net cash used in financing activities	(10,048)	(7,942)
Net change in cash and cash equivalents	(5,279)	(6,581)
Cash and cash equivalents at beginning of year	7,457	14,038
Cash and cash equivalents at end of year	$ 2,178	$ 7,457

Quarterly Financial Informati_3

Quarterly Financial Information (Details) - Schedule of quarterly financial information - Quarter End Adjustment [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Quarterly Financial Information (Details) - Schedule of quarterly financial information [Line Items]
Interest income	$ 10,589	$ 10,807	$ 10,595	$ 10,644	$ 11,205	$ 11,546	$ 11,151	$ 10,498
Interest expense	1,338	1,548	1,723	2,096	2,609	2,488	2,319	2,158
Net interest income	9,251	9,259	8,872	8,548	8,596	9,058	8,832	8,340
Provision for loan losses	800	1,800	1,300	600	300	300	200
Noninterest income	8,902	10,418	8,615	2,161	5,959	5,366	3,691	3,000
Noninterest expense	10,684	11,335	11,662	9,406	10,176	9,500	9,108	8,626
Income tax expense	1,311	1,292	870	22	721	862	588	488
Net income	5,358	5,250	3,655	681	3,358	3,762	2,627	2,226
Preferred share dividend					230	233	243	244
Net income available to common	$ 5,358	$ 5,250	$ 3,655	$ 681	$ 3,128	$ 3,529	$ 2,384	$ 1,982
Basic earnings per common share (in Dollars per share)	$ 0.71	$ 0.69	$ 0.47	$ 0.09	$ 0.48	$ 0.55	$ 0.37	$ 0.31
Diluted earnings per common share (in Dollars per share)	0.71	0.69	0.47	0.09	0.42	0.48	0.33	0.28
Dividends per share (in Dollars per share)	$ 0.105	$ 0.100	$ 0.100	$ 0.095	$ 0.095	$ 0.090	$ 0.090	$ 0.085