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Dividends and Other Restrictions
12 Months Ended
Dec. 31, 2013
Dividends and Other Restrictions [Abstract]  
DIVIDENDS AND OTHER RESTRICTIONS
Note 18 — Dividends and Other Restrictions
 
Certain restrictions, including capital requirements, exist on the availability of undistributed net profits of the Bank for the future payment of dividends to the Parent Corporation. A dividend may not be paid if it would impair the capital of the Bank. Furthermore, prior approval by the OCC is required if the total of dividends declared in a calendar year exceeds the total of the Bank’s net profits for that year combined with the retained profits for the two preceding years. At December 31, 2013, approximately $45.1 million was available for payment of dividends based on the preceding guidelines.