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Condensed Financial Information - Parent Company Only | 12 Months Ended
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Dec. 31, 2015
Condensed Financial Information - Parent Company Only [Abstract] |
Condensed Financial Information - Parent Company Only | Note 21: Condensed Financial Information – Parent Company Only The condensed financial statements of Bar Harbor Bankshares as of December 31, 2015 and 2014, and for the years ended December 31, 2015, 2014 and 2013 are presented below:
BALANCE SHEETS
December 31
|  | 2015 |  | 2014
Cash | $ | 918 | $ | 1,121
Investment in subsidiaries |  | 156,396 |  | 148,049
Premises |  | 688 |  | 689
Other assets |  | 320 |  | 175
Total assets | $ | 158,322 | $ | 150,034
Liabilities |  |  |  |
Total liabilities | $ | 4,170 | $ | 3,747
Shareholders' equity |  |  |  |
Total shareholders' equity | $ | 154,152 | $ | 146,287
Liabilities and Shareholders' equity | $ | 158,322 | $ | 150,034
STATEMENTS OF INCOME
Years Ended December 31 |  |  |  |  |  |  |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Dividend income from subsidiaries | $ | 5,407 |  | $ | 5,697 |  | $ | 4,883 |
Equity in undistributed earnings of subsidiaries (1) |  | 11,272 |  |  | 10,141 |  |  | 9,468 |
Bankshares expenses |  | (2,183 | ) |  | (1,705 | ) |  | (1,591 | )
Tax benefit |  | 657 |  |  | 480 |  |  | 423 |
Net income | $ | 15,153 |  | $ | 14,613 |  | $ | 13,183
(1) Amount in parentheses represents the excess of dividends over net income subsidiaries. STATEMENTS OF CASH FLOWS Years Ended December 31
|  | 2015 |  |  | 2014 |  |  | 2013 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income | $ | 15,153 |  | $ | 14,613 |  | $ | 13,183 |
Adjustments to reconcile net income to cash |  |  |  |  |  |  |  |  |
provided by operating activities: |  |  |  |  |  |  |  |  |
Depreciation |  | 1 |  |  | --- |  |  | 1 |
Recognition of stock based expense |  | 711 |  |  | 418 |  |  | 265 |
Net change in other assets |  | (281 | ) |  | (189 | ) |  | 331 |
Net change in other liabilities |  | 423 |  |  | 415 |  |  | 389 |
Equity in undistributed earnings of subsidiaries |  | (11,272 | ) |  | (10,141 | ) |  | (9,468 | )
Net cash provided by operating activities |  | 4,735 |  |  | 5,116 |  |  | 4,701 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures |  | (1 | ) |  | (1 | ) |  | (1 | )
Net cash used in investing activities |  | (1 | ) |  | (1 | ) |  | (1 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Purchases of treasury stock |  | (24 | ) |  | (8 | ) |  | (24 | )
Proceeds from stock option exercises |  | 1,127 |  |  | 616 |  |  | 461 |
Dividend paid |  | (6,040 | ) |  | (5,362 | ) |  | (4,915 | )
Net cash used in financing activities |  | (4,937 | ) |  | (4,754 | ) |  | (4,478 | )
Net (decrease) increase in cash |  | (203 | ) |  | 361 |  |  | 222 |
Cash and cash equivalents, beginning of year |  | 1,121 |  |  | 760 |  |  | 538 |
Cash and cash equivalents, end of year | $ | 918 |  | $ | 1,121 |  | $ | 760 |

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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=51664549&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 05 -Paragraph c -Article 7 + Details
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