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Condensed Financial Information of Parent Company | 12 Months Ended
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Dec. 31, 2013
Condensed Financial Information of Parent Company [Abstract] |
Condensed Financial Information of Parent Company | Note 18 Condensed Financial Information of Parent Company Following are the condensed balance sheets of the Company (parent company only) and the related condensed statements of income and cash flows.
| Condensed Balance Sheets
| December 31,
(In thousands) | 2013 |  | 2012
Assets |  |  |  |  |
Cash and due from banks | $ | 24,519 |  | $ | 22,709
Short-term investments |  | 63,063 |  |  | 38,705
Securities available-for-sale, at fair value |  | 317,767 |  |  | 316,771
Loans, net |  | 125,316 |  |  | 156,935
Investments in subsidiary |  | 76,500 |  |  | 67,385
Premises and equipment, net |  | 12,276 |  |  | 10,436
Other assets |  | 120,438 |  |  | 106,247
Total assets | $ | 739,879 |  | $ | 719,188
Liabilities and Shareholders' Equity |  |  |  |  |
Liabilities: |  |  |  |  |
Accounts and drafts payable |  | 543,953 |  |  | 522,761
Other liabilities |  | 5,521 |  |  | 22,214
Total liabilities |  | 549,474 |  |  | 544,975
Total shareholders' equity |  | 190,405 |  |  | 174,213
Total liabilities and shareholders' equity | $ | 739,879 |  | $ | 719,188
| Condensed Statement of Income
| For the Years Ended December 31,
(In thousands) | 2013 |  | 2012 |  | 2011
Income from subsidiary: |  |  |  |  |  |  |  |  |
Interest | $ | 12 |  | $ | 24 |  |  | $ | 18
Management fees |  | 2,119 |  |  | 1,955 |  |  |  | 1,794
Income from subsidiary |  | 2,131 |  |  | 1,979 |  |  |  | 1,812
Information services revenue |  | 70,503 |  |  | 66,417 |  |  |  | 60,688
Net interest income after provision |  | 15,069 |  |  | 17,563 |  |  |  | 19,933
Gain on sales of investment securities |  | 3,677 |  |  | 3,145 |  |  |  | 43
Other income |  | 527 |  |  | 535 |  |  |  | 701
Total income |  | 91,907 |  |  | 89,639 |  |  |  | 83,177
Expenses: |  |  |  |  |  |  |  |  |
Salaries and employee benefits |  | 59,004 |  |  | 55,981 |  |  |  | 50,296
Other expenses |  | 15,027 |  |  | 14,492 |  |  |  | 14,462
Total expenses |  | 74,031 |  |  | 70,473 |  |  |  | 64,758
Income before income tax and equity in undistributed income |  |  |  |  |  |  |  |  |
of subsidiary |  | 17,876 |  |  | 19,166 |  |  |  | 18,419
Income tax expense |  | 2,381 |  |  | 2,914 |  |  |  | 3,156
Income before undistributed income of subsidiary |  | 15,495 |  |  | 16,252 |  |  |  | 15,263
Equity in undistributed income of subsidiary |  | 7,530 |  |  | 7,523 |  |  |  | 7,746
Intercompany elimination |  | 472 |  |  | (472 | ) |  |  | -
Net income | $ | 23,497 |  | $ | 23,303 |  |  | $ | 23,009
| Condensed Statements of Cash Flows
| For the Years Ended December 31,
(In thousands) | 2013 |  | 2012 |  | 2011
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 23,497 |  |  | $ | 23,303 |  |  | $ | 23,009 |
Adjustments to reconcile net income to net cash provided |  |  |  |  |  |  |  |  |  |  |
by (used in) operating activities: |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed income of subsidiary |  | (7,530 | ) |  |  | (7,523 | ) |  |  | (7,746 | )
Net change in other assets |  | (8,420 | ) |  |  | (3,338 | ) |  |  | (19,669 | )
Net change in other liabilities |  | (2,729 | ) |  |  | 5,603 |  |  |  | 1,655 |
Amortization of stock-based awards |  | 1,177 |  |  |  | 1,201 |  |  |  | 1,390 |
Other, net |  | (4,180 | ) |  |  | (2,673 | ) |  |  | (7,497 | )
Net cash provided by (used in) operating activities |  | 1,815 |  |  |  | 16,573 |  |  |  | (8,858 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Net increase in securities |  | (15,385 | ) |  |  | (7,697 | ) |  |  | (37,329 | )
Net decrease in loans |  | 31,619 |  |  |  | 16,319 |  |  |  | 19,068 |
Purchases of premises and equipment, net |  | (4,050 | ) |  |  | (3,555 | ) |  |  | (2,107 | )
Net cash provided by (used in) investing activities |  | 12,184 |  |  |  | 5,067 |  |  |  | (20,368 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Net increase (decrease) in accounts and drafts payable |  | 21,192 |  |  |  | (72,440 | ) |  |  | 79,094 |
Cash dividends paid |  | (8,510 | ) |  |  | (7,361 | ) |  |  | (6,279 | )
Other financing activities |  | (513 | ) |  |  | (2,454 | ) |  |  | (1,177 | )
Net cash provided by (used in) financing activities |  | 12,169 |  |  |  | (82,255 | ) |  |  | 71,638 |
Net increase (decrease) in cash and cash equivalents |  | 26,168 |  |  |  | (60,615 | ) |  |  | 42,412 |
Cash and cash equivalents at beginning of year |  | 61,414 |  |  |  | 122,029 |  |  |  | 79,617 |
Cash and cash equivalents at end of year | $ | 87,582 |  |  | $ | 61,414 |  |  | $ | 122,029 |

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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 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
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