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Parent Company Financial Information | 12 Months Ended
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Dec. 31, 2015
Parent Company Financial Information [Abstract] |
Parent Company Financial Information | (19.) PARENT COMPANY FINANCIAL INFORMATION Condensed financial statements pertaining only to the Parent are presented below (in thousands).
Condensed Statements of Condition |  | December 31,
|  | 2015 |  | 2014
Assets: |  |  |  |
Cash and due from subsidiary | $ | 15,787 | $ | 9,559
Investment in and receivables due from subsidiary |  | 318,928 |  | 273,237
Other assets |  | 4,451 |  | 3,433
Total assets | $ | 339,166 | $ | 286,229
Liabilities and shareholders' equity: |  |  |  |
Long-term borrowings, net of issuance costs of $1,010 | $ | 38,990 | $ | -
Other liabilities |  | 6,332 |  | 6,697
Shareholders' equity |  | 293,844 |  | 279,532
Total liabilities and shareholders' equity | $ | 339,166 | $ | 286,229
Condensed Statements of Income |  | Years ended December 31, |
|  | 2015 |  | 2014 | 2013
Dividends from subsidiary and associated companies | $ | 16,000 | $ | 20,920 | $ | 15,000
Management and service fees from subsidiary |  | 599 |  | 417 |  | 368
Other income |  | 1,175 |  | 74 |  | 71
Total income |  | 17,774 |  | 21,411 |  | 15,439
Interest expense |  | 1,750 |  | - |  | -
Operating expenses |  | 3,509 |  | 3,437 |  | 2,906
Total expense |  | 5,259 |  | 3,437 |  | 2,906
Income before income tax benefit and equity in undistributed |  |  |  |  |  |
earnings of subsidiary |  | 12,515 |  | 17,974 |  | 12,533
Income tax benefit |  | 1,814 |  | 1,120 |  | 1,020
Income before equity in undistributed earnings of subsidiary |  | 14,329 |  | 19,094 |  | 13,553
Equity in undistributed earnings of subsidiary |  | 14,008 |  | 10,261 |  | 11,977
Net income | $ | 28,337 | $ | 29,355 | $ | 25,530
Condensed Statements of Cash Flows |  | Years ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income | $ | 28,337 |  | $ | 29,355 |  | $ | 25,530 |
Adjustments to reconcile net income to net cash provided |  |  |  |  |  |  |  |  |
by operating activities: |  |  |  |  |  |  |  |  |
Equity in undistributed earnings of subsidiary |  | (14,008 | ) |  | (10,261 | ) |  | (11,977 | )
Depreciation and amortization |  | 97 |  |  | 48 |  |  | 47 |
Share-based compensation |  | 674 |  |  | 471 |  |  | 407 |
(Increase) decrease in other assets |  | (1,069 | ) |  | 5,661 |  |  | 166 |
Decrease in other liabilities |  | (258 | ) |  | (5,717 | ) |  | (17 | )
Net cash provided by operating activities |  | 13,773 |  |  | 19,557 |  |  | 14,156 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital investment in Five Star Bank |  | (34,000 | ) |  | - |  |  | - |
Net cash paid for acquisition |  | - |  |  | (7,995 | ) |  | - |
Net cash used in investing activities |  | (34,000 | ) |  | (7,995 | ) |  | - |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Issuance of long-term debt, net of issuance costs |  | 38,940 |  |  | - |  |  | - |
Purchase of preferred and common shares |  | (202 | ) |  | (196 | ) |  | (360 | )
Proceeds from stock options exercised |  | 359 |  |  | 667 |  |  | 448 |
Dividends paid |  | (12,721 | ) |  | (11,984 | ) |  | (11,218 | )
Other |  | 79 |  |  | - |  |  | (118 | )
Net cash provided by (used in) financing activities |  | 26,455 |  |  | (11,513 | ) |  | (11,248 | )
Net increase in cash and cash equivalents |  | 6,228 |  |  | 49 |  |  | 2,908 |
Cash and cash equivalents as of beginning of year |  | 9,559 |  |  | 9,510 |  |  | 6,602 |
Cash and cash equivalents as of end of the year | $ | 15,787 |  | $ | 9,559 |  | $ | 9,510 |

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- 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 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 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 SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 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
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