XML 39 R24.htm IDEA: XBRL DOCUMENT
v3.19.1

Parent Company financial statements | 12 Months Ended
--- | ---
Dec. 31, 2018
Parent Company financial statements |
Parent Company financial statements | 17. Parent Company financial statements: CONDENSED BALANCE SHEETS
December 31 |  | 2018 |  | 2017 |
Assets: |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 3,736 |  | $ | 3,932 |
Equity securities |  |  | 291 |  |  | 46 |
Investment in bank subsidiary |  |  | 272,617 |  |  | 259,147 |
Due from subsidiaries |  |  | 1,974 |  |  | 1,900 |
Other assets |  |  | 35 |  |  |  |
Total assets |  | $ | 278,653 |  | $ | 265,025 |
Liabilities and Stockholders’ Equity: |  |  |  |  |  |  |
Other liabilities |  | $ | 39 |  | $ | 49 |
Stockholders’ equity |  |  | 278,614 |  |  | 264,976 |
Total liabilities and stockholders’ equity |  | $ | 278,653 |  | $ | 265,025 |
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
Year Ended December 31 |  | 2018 |  | 2017 |  | 2016 |
Income: |  |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 9,691 |  | $ | 9,319 |  | $ | 9,170 |
Other income |  |  | 72 |  |  | 52 |  |  | 46 |
Unrealized holding gains on equity securities |  |  | 13 |  |  |  |  |  |  |
Total income |  |  | 9,776 |  |  | 9,371 |  |  | 9,216 |
Expense: |  |  |  |  |  |  |  |  |  |
Other expenses |  |  | 214 |  |  | 205 |  |  | 259 |
Total expenses |  |  | 214 |  |  | 205 |  |  | 259 |
Income before taxes and undistributed income |  |  | 9,562 |  |  | 9,166 |  |  | 8,957 |
Income tax benefit |  |  | (27) |  |  | (54) |  |  | (75) |
Income before undistributed income of subsidiaries |  |  | 9,589 |  |  | 9,220 |  |  | 9,032 |
Equity in undistributed net income of subsidiaries |  |  | 15,331 |  |  | 9,237 |  |  | 10,551 |
Net income |  | $ | 24,920 |  | $ | 18,457 |  | $ | 19,583 |
Comprehensive Income |  | $ | 23,523 |  | $ | 17,500 |  | $ | 17,553 |
condensed Statements of Cash Flows
Year Ended December 31 |  | 2018 |  | 2017 |  | 2016 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 24,920 |  | $ | 18,457 |  | $ | 19,583 |
Adjustments: |  |  |  |  |  |  |  |  |  |
Net gains on investment securities |  |  | (14) |  |  |  |  |  |  |
Undistributed net income of subsidiaries |  |  | (15,331) |  |  | (9,237) |  |  | (10,551) |
(Decrease) increase in other assets |  |  | (111) |  |  | (3) |  |  | 577 |
Decrease in other liabilities |  |  | (10) |  |  | (53) |  |  | (77) |
Stock based compensation |  |  | 272 |  |  | 177 |  |  | 71 |
Net cash provided by operating activities |  |  | 9,726 |  |  | 9,341 |  |  | 9,603 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |
Purchase of equity securities |  |  | (234) |  |  | (43) |  |  |  |
Cash flows used in financing activities: |  |  |  |  |  |  |  |  |  |
Redemption of common stock |  |  |  |  |  |  |  |  | (604) |
Stock awards |  |  | 5 |  |  | 5 |  |  |  |
Cash dividends paid |  |  | (9,693) |  |  | (9,319) |  |  | (9,170) |
Net cash used in financing activities |  |  | (9,688) |  |  | (9,314) |  |  | (9,774) |
Decrease in cash |  |  | (196) |  |  | (16) |  |  | (171) |
Cash at beginning of year |  |  | 3,932 |  |  | 3,948 |  |  | 4,119 |
Cash at end of year |  | $ | 3,736 |  | $ | 3,932 |  | $ | 3,948 |

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

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration