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Parent Company Only Financial Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Condensed Financial Information Disclosure [Abstract] |
Interim Condensed Balance Sheets | Interim Condensed Balance Sheets
| June 30 2018 |  | December 31 2017
ASSETS |  |  |
Cash on deposit at the Bank | $ | 3,008 |  |  | $ | 185 |
Investments in subsidiaries | 140,413 |  |  | 145,962 |
Premises and equipment | 1,902 |  |  | 1,950 |
Other assets | 51,234 |  |  | 52,253 |
TOTAL ASSETS | $ | 196,557 |  |  | $ | 200,350 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
Other liabilities | $ | 4,608 |  |  | $ | 5,445 |
Shareholders' equity | 191,949 |  |  | 194,905 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 196,557 |  |  | $ | 200,350 |
Interim Condensed Statements of Income | Interim Condensed Statements of Income
| Three Months Ended June 30 |  | Six Months Ended June 30
| 2018 |  | 2017 |  | 2018 |  | 2017
Income |  |  |  |  |  |  |
Dividends from subsidiaries | $ | 3,900 |  |  | $ | 2,600 |  |  | $ | 6,000 |  |  | $ | 4,300 |
Interest income | — |  |  | — |  |  | — |  |  | 2 |
Management fee and other | 855 |  |  | 1,691 |  |  | 1,530 |  |  | 3,241 |
Total income | 4,755 |  |  | 4,291 |  |  | 7,530 |  |  | 7,543 |
Expenses |  |  |  |  |  |  |
Compensation and benefits | 1,175 |  |  | 1,118 |  |  | 2,159 |  |  | 2,490 |
Occupancy and equipment | 126 |  |  | 432 |  |  | 249 |  |  | 876 |
Audit and related fees | 104 |  |  | 140 |  |  | 173 |  |  | 264 |
Other | 380 |  |  | 634 |  |  | 774 |  |  | 1,175 |
Total expenses | 1,785 |  |  | 2,324 |  |  | 3,355 |  |  | 4,805 |
Income before income tax benefit and equity in undistributed earnings of subsidiaries | 2,970 |  |  | 1,967 |  |  | 4,175 |  |  | 2,738 |
Federal income tax benefit | 192 |  |  | 212 |  |  | 380 |  |  | 528 |
Income before equity in undistributed earnings of subsidiaries | 3,162 |  |  | 2,179 |  |  | 4,555 |  |  | 3,266 |
Undistributed earnings of subsidiaries | 171 |  |  | 1,665 |  |  | 2,240 |  |  | 3,714 |
Net income | $ | 3,333 |  |  | $ | 3,844 |  |  | $ | 6,795 |  |  | $ | 6,980 |
Interim Condensed Statements of Cash Flows | Interim Condensed Statements of Cash Flows
| Six Months Ended June 30
| 2018 |  | 2017
Operating activities |  |  |
Net income | $ | 6,795 |  |  | $ | 6,980 |
Adjustments to reconcile net income to cash provided by operations |  |  |
Undistributed earnings of subsidiaries | (2,240 | ) |  | (3,714 | )
Undistributed earnings of equity securities without readily determinable fair values | (64 | ) |  | 93 |
Share-based payment awards under equity compensation plan | 304 |  |  | 302 |
Depreciation | 64 |  |  | 77 |
Changes in operating assets and liabilities which provided (used) cash |  |  |
Other assets | 1,084 |  |  | 80 |
Accrued interest and other liabilities | (837 | ) |  | (1,219 | )
Net cash provided by (used in) operating activities | 5,106 |  |  | 2,599 |
Investing activities |  |  |
Maturities, calls, principal payments, and sales of AFS securities | — |  |  | 249 |
Sales (purchases) of premises and equipment | (16 | ) |  | (26 | )
Net cash provided by (used in) investing activities | (16 | ) |  | 223 |
Financing activities |  |  |
Cash dividends paid on common stock | (4,096 | ) |  | (3,920 | )
Proceeds from the issuance of common stock | 3,272 |  |  | 3,764 |
Common stock repurchased | (1,238 | ) |  | (2,622 | )
Common stock purchased for deferred compensation obligations | (205 | ) |  | (197 | )
Net cash provided by (used in) financing activities | (2,267 | ) |  | (2,975 | )
Increase (decrease) in cash and cash equivalents | 2,823 |  |  | (153 | )
Cash and cash equivalents at beginning of period | 185 |  |  | 1,297 |
Cash and cash equivalents at end of period | $ | 3,008 |  |  | $ | 1,144 |

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