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Condensed Financial Information of Parent Company | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [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) |  | 2017 |  | 2016
Assets |  |  |  |  |  |
Cash and due from banks |  | $ | 56,462 |  | $ | 45,464
Short-term investments |  |  | 48,324 |  |  | 107,898
Securities available-for-sale, at fair value |  |  | 470,523 |  |  | 390,552
Loans, net |  |  | 12,239 |  |  | 47,184
Investments in subsidiaries |  |  | 113,681 |  |  | 101,824
Premises and equipment, net |  |  | 20,927 |  |  | 20,375
Other assets |  |  | 199,865 |  |  | 161,317
Total assets |  | $ | 922,021 |  | $ | 874,614
Liabilities and Shareholders’ Equity |  |  |  |  |  |
Liabilities: |  |  |  |  |  |
Accounts and drafts payable |  | $ | 661,342 |  | $ | 640,945
Other liabilities |  |  | 35,533 |  |  | 25,415
Total liabilities |  |  | 696,875 |  |  | 666,360
Total shareholders’ equity |  |  | 225,146 |  |  | 208,254
Total liabilities and shareholders’ equity |  | $ | 922,021 |  | $ | 874,614
|  | Condensed Statements of Income
|  | For the Years Ended December 31,
(In thousands) |  | 2017 |  | 2016 |  | 2015
Income from subsidiaries: |  |  |  |  |  |  |  |  |
Interest |  | $ | — |  | $ | 2 |  | $ | 12
Management fees |  |  | 2,172 |  |  | 2,105 |  |  | 2,201
Income from subsidiaries |  |  | 2,172 |  |  | 2,107 |  |  | 2,213
Information services revenue |  |  | 93,133 |  |  | 83,543 |  |  | 78,488
Net interest income after provision |  |  | 13,217 |  |  | 13,389 |  |  | 13,948
Gain on sales of investment securities |  |  | — |  |  | 387 |  |  | 2,910
Other income |  |  | 483 |  |  | 504 |  |  | 613
Total income |  |  | 109,005 |  |  | 99,930 |  |  | 98,172
Expenses: |  |  |  |  |  |  |  |  |
Salaries and employee benefits |  |  | 70,409 |  |  | 65,968 |  |  | 63,475
Other expenses |  |  | 20,333 |  |  | 18,133 |  |  | 16,580
Total expenses |  |  | 90,742 |  |  | 84,101 |  |  | 80,055
Income before income tax and equity in undistributed income of subsidiaries |  |  | 18,263 |  |  | 15,829 |  |  | 18,117
Income tax expense |  |  | 4,394 |  |  | 1,540 |  |  | 2,950
Income before undistributed income of subsidiaries |  |  | 13,869 |  |  | 14,289 |  |  | 15,167
Equity in undistributed income of subsidiaries |  |  | 11,145 |  |  | 10,059 |  |  | 7,889
Net income |  | $ | 25,014 |  | $ | 24,348 |  | $ | 23,056
|  | Condensed Statements of Cash Flows
|  | For the Years Ended December 31,
(In thousands) |  | 2017 |  | 2016 |  | 2015
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 25,014 |  |  | $ | 24,348 |  |  | $ | 23,056 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed income of subsidiaries |  |  | (11,145 | ) |  |  | (10,059 | ) |  |  | (7,889 | )
Net change in other assets |  |  | (41,013 | ) |  |  | (7,085 | ) |  |  | 16,100 |
Net change in other liabilities |  |  | 10,118 |  |  |  | 6,683 |  |  |  | (2,779 | )
Amortization of stock-based awards |  |  | 1,743 |  |  |  | 1,677 |  |  |  | 1,504 |
Other, net |  |  | 9,219 |  |  |  | 7,558 |  |  |  | 10,389 |
Net cash (used in) provided by operating activities |  |  | (6,064 | ) |  |  | 23,122 |  |  |  | 40,381 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Net increase in securities |  |  | (80,621 | ) |  |  | (33,025 | ) |  |  | (23,472 | )
Net decrease in loans |  |  | 34,944 |  |  |  | 40,431 |  |  |  | 28,343 |
Purchases of premises and equipment, net |  |  | (4,020 | ) |  |  | (4,557 | ) |  |  | (5,708 | )
Net cash (used in) provided by investing activities |  |  | (49,697 | ) |  |  | 2,849 |  |  |  | (837 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Net increase (decrease) in accounts and drafts payable |  |  | 20,397 |  |  |  | 64,026 |  |  |  | (78,439 | )
Cash dividends paid |  |  | (10,675 | ) |  |  | (9,979 | ) |  |  | (9,697 | )
Purchase of common shares for treasury |  |  | (2,270 | ) |  |  | (9,215 | ) |  |  | (10,951 | )
Other financing activities |  |  | (267 | ) |  |  | 1,705 |  |  |  | 66 |
Net cash provided by (used in) financing activities |  |  | 7,185 |  |  |  | 46,537 |  |  |  | (99,021 | )
Net increase (decrease) in cash and cash equivalents |  |  | (48,576 | ) |  |  | 72,508 |  |  |  | (59,477 | )
Cash and cash equivalents at beginning of year |  |  | 153,362 |  |  |  | 80,854 |  |  |  | 140,331 |
Cash and cash equivalents at end of year |  | $ | 104,786 |  |  | $ | 153,362 |  |  | $ | 80,854 |

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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 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05(c)(Schedule II)) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 Reference 2: 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=96868048&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule I)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 5: 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 + Details
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