XML 72 R29.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Parent Company Only Financial Information | 12 Months Ended
--- | ---
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Parent Company Only Financial Information | 21. Parent Company Only Financial Information (Dollars in thousands)
CONDENSED BALANCE SHEETS |  | December 31, |
|  | 2014 |  |  | 2013 |
Assets |  |  |  |  |  |  |  |
Cash |  | $ | 1,556 |  |  | $ | 1,778 |
Trading securities |  |  | 275 |  |  |  | 276 |
Investment in bank subsidiary |  |  | 184,671 |  |  |  | 161,983 |
Investment in non-bank subsidiaries |  |  | 23,720 |  |  |  | 22,738 |
Deferred tax asset |  |  | 529 |  |  |  | 636 |
Other assets |  |  | 2,301 |  |  |  | 2,240 |
Total assets |  | $ | 213,052 |  |  | $ | 189,651 |
Liabilities |  |  |  |  |  |  |  |
Borrowings from subsidiary |  | $ | 1,350 |  |  | $ | 1,350 |
Subordinated debentures |  |  | 20,620 |  |  |  | 20,620 |
Other liabilities |  |  | 2,534 |  |  |  | 2,770 |
Total liabilities |  |  | 24,504 |  |  |  | 24,740 |
Total shareholders’ equity |  |  | 188,548 |  |  |  | 164,911 |
Total liabilities and shareholders’ equity |  | $ | 213,052 |  |  | $ | 189,651 |
CONDENSED STATEMENTS OF INCOME |  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Income: |  |  |  |  |  |  |  |  |  |  |  |
Dividends from: |  |  |  |  |  |  |  |  |  |  |  |
Bank subsidiary |  | $ | 10,675 |  |  | $ | 1,875 |  |  | $ | 7,990 |
Non-bank subsidiaries |  |  | 0 |  |  |  | 6,674 |  |  |  | 0 |
Other |  |  | 170 |  |  |  | 208 |  |  |  | 208 |
Total income |  |  | 10,845 |  |  |  | 8,757 |  |  |  | 8,198 |
Expenses |  |  | (1,520 | ) |  |  | (1,461 | ) |  |  | (1,457 | )
Income before income taxes and equity in undistributed net income of subsidiaries: |  |  | 9,325 |  |  |  | 7,296 |  |  |  | 6,741 |
Income tax benefit |  |  | 473 |  |  |  | 438 |  |  |  | 438 |
Equity in undistributed net income of bank subsidiary |  |  | 12,327 |  |  |  | 14,080 |  |  |  | 8,682 |
Equity in undistributed net income (loss) of non-bank subsidiaries |  |  | 949 |  |  |  | (5,135 | ) |  |  | 1,275 |
Net income |  | $ | 23,074 |  |  | $ | 16,679 |  |  | $ | 17,136 |
CONDENSED STATEMENTS OF CASH FLOWS |  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Net income |  |  |  |  |  |  |  |  |  |  |  |
Adjustments to reconcile net income to net cash provided by |  | $ | 23,074 |  |  | $ | 16,679 |  |  | $ | 17,136 |
operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed net income of bank subsidiary |  |  | (12,327 | ) |  |  | (14,080 | ) |  |  | (8,682 | )
Equity in undistributed (net income) loss of non-bank subsidiaries |  |  | (949 | ) |  |  | 5,135 |  |  |  | (1,275 | )
Net unrealized (gains) losses on trading securities |  |  | 1 |  |  |  | (47 | ) |  |  | (54 | )
Decrease (increase) in other assets |  |  | (13 | ) |  |  | 112 |  |  |  | 47 |
Increase in other liabilities |  |  | 601 |  |  |  | 384 |  |  |  | 385 |
Net cash provided by operating activities |  |  | 10,387 |  |  |  | 8,183 |  |  |  | 7,557 |
Cash flows from investing activities |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid |  |  | (9,521 | ) |  |  | (8,573 | ) |  |  | (8,214 | )
Purchase of treasury stock |  |  | (1,675 | ) |  |  | 0 |  |  |  | 0 |
Net proceeds from sale of treasury stock and option exercises |  |  | 587 |  |  |  | 739 |  |  |  | 950 |
Net advance to subsidiary |  |  | 0 |  |  |  | (600 | ) |  |  | (200 | )
Net cash used in financing activities |  |  | (10,609 | ) |  |  | (8,434 | ) |  |  | (7,464 | )
Net increase (decrease) in cash |  |  | (222 | ) |  |  | (251 | ) |  |  | 93 |
Cash beginning of year |  |  | 1,778 |  |  |  | 2,029 |  |  |  | 1,936 |
Cash end of year |  | $ | 1,556 |  |  | $ | 1,778 |  |  | $ | 2,029 |

X
- Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration