XML 86 R51.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Parent Company Only Financial Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheets |
CONDENSED BALANCE SHEETS |  | December 31, |
|  | 2017 |  |  | 2016 |
Assets |  |  |  |  |  |  |  |
Cash |  | $ | 1,556 |  |  | $ | 1,436 |
Trading securities |  |  | 580 |  |  |  | 529 |
Investment in bank subsidiary |  |  | 290,156 |  |  |  | 257,476 |
Investment in non-bank subsidiaries |  |  | 21,781 |  |  |  | 23,324 |
Deferreds and Current Receivable |  |  | 2,055 |  |  |  | 1,066 |
Other assets |  |  | 2,059 |  |  |  | 2,666 |
Total assets |  | $ | 318,187 |  |  | $ | 286,497 |
Liabilities |  |  |  |  |  |  |  |
Borrowings from subsidiary |  | $ | 1,400 |  |  | $ | 1,400 |
Subordinated debentures |  |  | 70,620 |  |  |  | 70,620 |
Other liabilities |  |  | 2,257 |  |  |  | 2,693 |
Total liabilities |  |  | 74,277 |  |  |  | 74,713 |
Total shareholders’ equity |  |  | 243,910 |  |  |  | 201,913 |
Total liabilities and shareholders’ equity |  | $ | 318,187 |  |  | $ | 286,497 |
Condensed Statements of Income |
CONDENSED STATEMENTS OF INCOME |  | Year Ended December 31, |
Income: |  |  | 2017 |  |  |  | 2016 |  |  |  | 2015 |
Dividends from: |  |  |  |  |  |  |  |  |  |  |  |
Bank subsidiary |  | $ | 8,840 |  |  | $ | 8,700 |  |  | $ | 10,404 |
Non-bank subsidiaries |  |  | 2,250 |  |  |  | 1,200 |  |  |  | 323 |
Other |  |  | 220 |  |  |  | 230 |  |  |  | 157 |
Total income |  |  | 11,310 |  |  |  | 10,130 |  |  |  | 10,884 |
Expenses |  |  | (4,957 | ) |  |  | (2,611 | ) |  |  | (1,708 | )
Income before income taxes and equity in undistributed net income of subsidiaries: |  |  | 6,353 |  |  |  | 7,519 |  |  |  | 9,176 |
Income tax benefit |  |  | 1,614 |  |  |  | 813 |  |  |  | 547 |
Equity in undistributed net income of bank subsidiary |  |  | 17,430 |  |  |  | 13,184 |  |  |  | 11,889 |
Distributions in excess of net income of non-bank subsidiaries |  |  | (1,537 | ) |  |  | (976 | ) |  |  | 585 |
Net income |  | $ | 23,860 |  |  | $ | 20,540 |  |  | $ | 22,197 |
Condensed Statements of Cash Flows |
CONDENSED STATEMENTS OF CASH FLOWS |  | Year Ended December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Net income |  |  |  |  |  |  |  |  |  |  |  |
Adjustments to reconcile net income to net cash provided by |  | $ | 23,860 |  |  | $ | 20,540 |  |  | $ | 22,197 |
operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed net income of bank subsidiary |  |  | (17,430 | ) |  |  | (13,184 | ) |  |  | (11,889 | )
Equity in undistributed net income (distributions in excess of net income) of non-bank subsidiaries |  |  | 1,537 |  |  |  | 976 |  |  |  | (585 | )
Net unrealized gains on trading securities |  |  | (12 | ) |  |  | (58 | ) |  |  | (11 | )
Decrease (increase) in other assets |  |  | (549 | ) |  |  | (1,277 | ) |  |  | 9 |
(Decrease) increase in other liabilities |  |  | 791 |  |  |  | 1,645 |  |  |  | 663 |
Net cash provided by operating activities |  |  | 8,197 |  |  |  | 8,642 |  |  |  | 10,384 |
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |
Investment in bank subsidiaries |  |  | (15,400 | ) |  |  | (49,223 | ) |  |  | 0 |
Net cash used in investing activities |  |  | (15,400 | ) |  |  | (49,223 | ) |  |  | 0 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid |  |  | (10,094 | ) |  |  | (9,546 | ) |  |  | (9,515 | )
Proceeds from issuance of long term debt |  |  | 0 |  |  |  | 50,000 |  |  |  | 0 |
Purchase of treasury stock |  |  | (1,877 | ) |  |  | (44 | ) |  |  | (868 | )
Net proceeds from issuance of common stock |  |  | 19,294 |  |  |  | 0 |  |  |  | 0 |
Net advance from subsidiary |  |  | 0 |  |  |  | 50 |  |  |  | 0 |
Net cash provided by (used in) financing activities |  |  | 7,323 |  |  |  | 40,460 |  |  |  | (10,383 | )
Net increase (decrease) in cash |  |  | 120 |  |  |  | (121 | ) |  |  | 1 |
Cash beginning of year |  |  | 1,436 |  |  |  | 1,557 |  |  |  | 1,556 |
Cash end of year |  | $ | 1,556 |  |  | $ | 1,436 |  |  | $ | 1,557 |

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration