XML 44 R28.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Condensed Parent Only Financial Information | 12 Months Ended
--- | ---
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Parent Only Financial Information | Condensed Parent Only Financial Information The following represents the condensed financial information of FBFS only: Condensed Balance Sheets
|  | As of December 31,
|  | 2016 |  | 2015
|  | (In Thousands)
Assets |  |  |  |
Cash and due from banks |  | $ | 127 |  |  | $ | 1,099 |
Investments in subsidiaries, at equity |  | 196,221 |  |  | 187,530 |
Leasehold improvements and equipment, net |  | 1,605 |  |  | 1,519 |
Other assets |  | 4,738 |  |  | 2,849 |
Total assets |  | $ | 202,691 |  |  | $ | 192,997 |
Liabilities and Stockholders’ Equity |  |  |  |
Borrowed funds |  | $ | 33,512 |  |  | $ | 35,751 |
Other liabilities |  | 7,529 |  |  | 6,414 |
Total liabilities |  | 41,041 |  |  | 42,165 |
Stockholders’ equity |  | 161,650 |  |  | 150,832 |
Total liabilities and stockholders’ equity |  | $ | 202,691 |  |  | $ | 192,997 |
Condensed Statements of Income
|  | For the Year Ended December 31,
|  | 2016 |  | 2015 |  | 2014
|  | (In Thousands)
Net interest expense |  | 2,799 |  |  | 2,777 |  |  | 2,071 |
Non-interest income |  |  |  |  |  |
Consulting and rental income from consolidated subsidiaries |  | 16,036 |  |  | 13,398 |  |  | 10,776 |
Other |  | 33 |  |  | 35 |  |  | 34 |
Total non-interest income |  | 16,069 |  |  | 13,433 |  |  | 10,810 |
Non-interest expense |  | 19,250 |  |  | 16,854 |  |  | 13,444 |
Loss before income tax benefit and equity in undistributed net income of consolidated subsidiaries |  | 5,980 |  |  | 6,198 |  |  | 4,705 |
Income tax benefit |  | 2,170 |  |  | 2,527 |  |  | 1,659 |
Loss before equity in undistributed net income of consolidated subsidiaries |  | 3,810 |  |  | 3,671 |  |  | 3,046 |
Equity in undistributed net income of consolidated subsidiaries |  | 18,719 |  |  | 20,185 |  |  | 17,185 |
Net income |  | $ | 14,909 |  |  | $ | 16,514 |  |  | $ | 14,139 |
Condensed Statements of Cash Flows
|  | For the Year Ended December 31,
|  | 2016 |  | 2015 |  | 2014
|  | (In Thousands)
Operating activities |  |  |  |  |  |
Net income |  | $ | 14,909 |  |  | $ | 16,514 |  |  | $ | 14,139 |
Adjustments to reconcile net income to net cash used in operating activities: |  |  |  |  |  |
Equity in undistributed earnings of consolidated subsidiaries |  | (18,719 | ) |  | (20,185 | ) |  | (17,185 | )
Share-based compensation |  | 994 |  |  | 448 |  |  | 416 |
Excess tax benefit from share-based compensation |  | (83 | ) |  | — |  |  | — |
Increase in other liabilities |  | 1,198 |  |  | 2,390 |  |  | 1,002 |
Other, net |  | (3,162 | ) |  | (481 | ) |  | (1,147 | )
Net cash used in operating activities |  | (4,863 | ) |  | (1,314 | ) |  | (2,775 | )
Investing activities |  |  |  |  |  |
Dividends received from subsidiaries |  | 13,534 |  |  | 7,034 |  |  | 8,000 |
Capital contributions to subsidiaries |  | (3,500 | ) |  | (3,000 | ) |  | (32,980 | )
Net cash provided by (used in) investing activities |  | 10,034 |  |  | 4,034 |  |  | (24,980 | )
Financing activities |  |  |  |  |  |
Net (decrease) increase in short-term borrowed funds |  | (1,500 | ) |  | 1,500 |  |  | 1,000 |
Proceeds from issuance of long-term debt, net of issuance costs |  | — |  |  | — |  |  | 14,469 |
Repayment of long-term debt |  | — |  |  | — |  |  | (4,000 | )
Proceeds from issuance of common stock |  | — |  |  | — |  |  | 16,560 |
Proceeds from exercise of stock options |  | — |  |  | 300 |  |  | 936 |
Purchase of treasury stock |  | (467 | ) |  | (946 | ) |  | (1,795 | )
Excess tax benefit from share-based compensation |  | — |  |  | 162 |  |  | 305 |
Cash dividends paid |  | (4,176 | ) |  | (3,816 | ) |  | (3,396 | )
Net cash (used in) provided by financing activities |  | (6,143 | ) |  | (2,800 | ) |  | 24,079 |
Decrease in cash and cash equivalents |  | (972 | ) |  | (80 | ) |  | (3,676 | )
Cash and due from banks at the beginning of the period |  | 1,099 |  |  | 1,179 |  |  | 4,855 |
Cash and due from banks at the end of the period |  | $ | 127 |  |  | $ | 1,099 |  |  | $ | 1,179 |

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 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=68079674&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
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration