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Condensed Financial Information of Parent Company
12 Months Ended
Dec. 31, 2014
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)   2014   2013
Assets    
Cash and due from banks         $ 32,399   $ 24,519
Short-term investments     107,932   63,063
Securities available-for-sale, at fair value   356,141   317,767
Loans, net     115,958   125,316
Investments in subsidiaries   82,688   76,500
Premises and equipment, net     16,030   12,276
Other assets   166,235   120,438
                     Total assets     $ 877,383   $ 739,879
Liabilities and Shareholders' Equity
Liabilities:      
Accounts and drafts payable   $ 655,358   $ 543,953
Other liabilities     21,511   5,521
       Total liabilities   676,869   549,474
       Total shareholders' equity     200,514   190,405
                     Total liabilities and shareholders' equity   $ 877,383   $ 739,879

Condensed Statements of Income
For the Years Ended December 31,
(In thousands) 2014 2013     2012  
Income from subsidiaries:                
              Interest       $ 12     $ 12     $ 24  
              Management fees     2,058       2,119       1,955  
                     Income from subsidiaries   2,070       2,131       1,979  
Information services revenue     77,064       70,503       66,417  
Net interest income after provision   14,986       15,069       17,563  
Gain on sales of investment securities     23       3,677       3,145  
Other income   1,323       527       535  
                     Total income     95,466       91,907       89,639  
Expenses:                      
              Salaries and employee benefits     59,885       59,004       55,981  
              Other expenses   15,587       15,027       14,492  
                     Total expenses     75,472       74,031       70,473  
Income before income tax and equity in undistributed income                      
       of subsidiaries     19,994       17,876       19,166  
Income tax expense     3,125       2,381       2,914  
Income before undistributed income of subsidiaries   16,869       15,495       16,252  
Equity in undistributed income of subsidiaries     7,164       7,530       7,523  
Intercompany elimination         472       (472 )
                     Net income   $ 24,033     $ 23,497     $ 23,303  
     
    Condensed Statements of Cash Flows
    For the Years Ended December 31,
(In thousands)    2014      2013      2012  
Cash flows from operating activities:                        
Net income $ 24,033     $ 23,497     $ 23,303  
Adjustments to reconcile net income to net cash provided                        
       by (used in) operating activities:                        
              Equity in undistributed income of subsidiaries   (7,164 )     (7,530 )     (7,523 )
              Net change in other assets     (44,879 )     (8,420 )     (3,338 )
              Net change in other liabilities   534       (2,729 )     5,603  
              Amortization of stock-based awards     1,250       1,177       1,201  
              Other, net   13,487       (4,180 )     (2,673 )
              Net cash (used in) provided by operating activities     (12,739 )     1,815       16,573  
Cash flows from investing activities:                      
Net increase in securities     (35,128 )     (15,385 )     (7,697 )
Net decrease in loans   9,358       31,619       16,319  
Purchases of premises and equipment, net     (8,941 )     (4,050 )     (3,555 )
              Net cash (used in) provided by investing activities   (34,711 )     12,184       5,067  
Cash flows from financing activities:                        
Net increase (decrease) in accounts and drafts payable   111,405       21,192       (72,440 )
Cash dividends paid     (9,337 )     (8,510 )     (7,361 )
Other financing activities   (1,869 )     (513 )     (2,454 )
              Net cash provided by (used in) financing activities     100,199       12,169       (82,255 )
Net increase (decrease) in cash and cash equivalents   52,749       26,168       (60,615 )
Cash and cash equivalents at beginning of year     87,582       61,414       122,029  
Cash and cash equivalents at end of year $ 140,331     $ 87,582     $ 61,414