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Note 27: Condensed Parent Company Statements: Schedule of Parent Company Condensed Statements of Income (Tables)
12 Months Ended
Dec. 31, 2013
Tables/Schedules  
Schedule of Parent Company Condensed Statements of Income

 

 

2013

 

2012

 

2011

(In Thousands)

 

 

 

 

 

Statements of Income

 

 

 

 

 

  Income

 

 

 

 

 

    Dividends from subsidiary bank

$24,000

 

$12,000

 

$12,000

    Interest and dividend income

20

 

33

 

27

    Net realized gains on sales of

 

 

 

 

 

      available-for-sale securities

--

 

280

 

--

    Other income (loss)

13

 

(19)

 

--

 

 

 

 

 

 

 

24,033

 

12,294

 

12,027

 

 

 

 

 

 

  Expense

 

 

 

 

 

    Operating expenses

1,132

 

1,297

 

1,196

    Interest expense

560

 

617

 

569

 

 

 

 

 

 

 

1,692

 

1,914

 

1,765

 

 

 

 

 

 

  Income before income tax and

 

 

 

 

 

    equity in undistributed earnings

 

 

 

 

 

    of subsidiaries

22,341

 

10,380

 

10,262

  Credit for income taxes

(365)

 

(401)

 

(510)

 

 

 

 

 

 

  Income before equity in earnings

 

 

 

 

 

    of subsidiaries

22,706

 

10,781

 

10,772

 

 

 

 

 

 

  Equity in undistributed earnings of

 

 

 

 

 

    subsidiaries

11,023

 

37,925

 

19,497

 

 

 

 

 

 

  Net income

$33,729

 

$48,706

 

$30,269