XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Parent Company financial statements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Parent Company financial statements |
Condensed Balance Sheets |
December 31 |  | 2017 |  | 2016 |
Assets: |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 3,932 |  | $ | 3,948 |
Investment securities available-for-sale |  |  | 46 |  |  |  |
Investment in bank subsidiary |  |  | 259,147 |  |  | 250,869 |
Due from subsidiaries |  |  | 1,900 |  |  | 1,903 |
Total assets |  | $ | 265,025 |  | $ | 256,720 |
Liabilities and Stockholders’ Equity: |  |  |  |  |  |  |
Other liabilities |  | $ | 49 |  | $ | 102 |
Stockholders’ equity |  |  | 264,976 |  |  | 256,618 |
Total liabilities and stockholders’ equity |  | $ | 265,025 |  | $ | 256,720 |
Condensed Statements of Income and Comprehensive Income |
Year Ended December 31 |  | 2017 |  | 2016 |  | 2015 |
Income: |  |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 9,319 |  | $ | 9,170 |  | $ | 9,319 |
Other income |  |  | 52 |  |  | 46 |  |  | 40 |
Total income |  |  | 9,371 |  |  | 9,216 |  |  | 9,359 |
Expense: |  |  |  |  |  |  |  |  |  |
Other expenses |  |  | 205 |  |  | 259 |  |  | 243 |
Total expenses |  |  | 205 |  |  | 259 |  |  | 243 |
Income before taxes and undistributed income |  |  | 9,166 |  |  | 8,957 |  |  | 9,116 |
Income tax benefit |  |  | (54) |  |  | (75) |  |  | (70) |
Income before undistributed income of subsidiaries |  |  | 9,220 |  |  | 9,032 |  |  | 9,186 |
Equity in undistributed net income (loss) of subsidiaries |  |  | 9,237 |  |  | 10,551 |  |  | 8,537 |
Net income |  | $ | 18,457 |  | $ | 19,583 |  | $ | 17,723 |
Comprehensive Income |  | $ | 17,500 |  | $ | 17,553 |  | $ | 16,427 |
Condensed Statements of Cash Flows |
Year Ended December 31 |  | 2017 |  | 2016 |  | 2015 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 18,457 |  | $ | 19,583 |  | $ | 17,723 |
Adjustments: |  |  |  |  |  |  |  |  |  |
Net realized gains on sales of securities |  |  |  |  |  |  |  |  |  |
Undistributed net income of subsidiaries |  |  | (9,237) |  |  | (10,551) |  |  | (8,537) |
(Decrease) increase in other assets |  |  | (3) |  |  | 577 |  |  | 5,257 |
Decrease in other liabilities |  |  | (53) |  |  | (77) |  |  | (69) |
Stock based compensation |  |  | 177 |  |  | 71 |  |  | 69 |
Net cash provided by operating activities |  |  | 9,341 |  |  | 9,603 |  |  | 14,443 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |
Purchase of available-for-sale securities |  |  | (43) |  |  |  |  |  |  |
Net cash provided by investing activities |  |  | (43) |  |  |  |  |  |  |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Redemption of common stock |  |  |  |  |  | (604) |  |  | (5,188) |
Reissuance of treasury stock |  |  | 5 |  |  |  |  |  |  |
Cash dividends paid |  |  | (9,319) |  |  | (9,170) |  |  | (9,319) |
Net cash used in financing activities |  |  | (9,314) |  |  | (9,774) |  |  | (14,507) |
Decrease in cash |  |  | (16) |  |  | (171) |  |  | (64) |
Cash at beginning of year |  |  | 3,948 |  |  | 4,119 |  |  | 4,183 |
Cash at end of year |  | $ | 3,932 |  | $ | 3,948 |  | $ | 4,119 |

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration