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Note 19 - Parent Company
12 Months Ended
Dec. 31, 2012
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
19.  PARENT COMPANY

Following are condensed financial statements for the Company.

CONDENSED BALANCE SHEET

(Dollar amounts in thousands)
 
December 31,
 
   
2012
   
2011
 
ASSETS
           
Cash and due from banks
  $ 1,740     $ 710  
Investment securities available for sale
    751       751  
Investment in non-bank subsidiary
    2,664       2,944  
Investment in subsidiary banks
    62,002       55,256  
Other assets
    1,453       1,638  
                 
TOTAL ASSETS
  $ 68,610     $ 61,299  
                 
LIABILITIES
               
Trust preferred securities
  $ 8,248     $ 8,248  
Short-term borrowings
    4,896       5,700  
Other liabilities
    29       98  
TOTAL LIABILITIES
    13,173       14,046  
                 
STOCKHOLDERS' EQUITY
    55,437       47,253  
                 
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
  $ 68,610     $ 61,299  

   
Year Ended December 31,
 
(Dollar amounts in thousands)
 
2012
   
2011
   
2010
 
                   
INCOME
                 
Dividends from subsidiary bank
  $ 2,327     $ 2,403     $ 2,061  
Interest income
    -       -       3  
Other
    8       (177 )     17  
Total income     2,335       2,226       2,081  
                         
EXPENSES
                       
Interest expense
    417       772       773  
Other
    594       370       270  
Total expenses     1,011       1,142       1,043  
                         
Income before income tax benefit
    1,324       1,084       1,038  
                         
Income tax benefit
    (342 )     (449 )     (348 )
                         
Income before equity in undistributed net income of subsidiaries
    1,666       1,533       1,386  
                         
Equity in undistributed net income of subsidiaries
    4,615       2,597       1,131  
                         
NET INCOME
  $ 6,281     $ 4,130     $ 2,517  
                         
Comprehensive Income
  $ 7,131     $ 8,184     $ 2,442  

CONDENSED STATEMENT OF CASH FLOWS

   
Year Ended December 31,
       
(Dollar amounts in thousands)
 
2012
   
2011
   
2010
 
                   
OPERATING ACTIVITIES
                 
Net income
  $ 6,281     $ 4,130     $ 2,517  
Adjustments to reconcile net income to net cash provided by operating activities:
                       
Equity in undistributed net income of Middlefield Banking Company
    (4,655 )     (3,422 )     (2,582 )
Equity in undistributed net income of Emerald Bank
    (240 )     384       292  
Equity in undistributed net income of EMORECO
    280       441       1,159  
Stock-based compensation expense
    32       59       -  
Investment securities losses, net
    -       179       -  
Other
    (885 )     (806 )     (602 )
Net cash provided by operating activities
    813       965       784  
                         
INVESTING ACTIVITIES
                       
Investment in subsidiary bank
    -       (1,500 )     (500 )
                         
Net cash used for investing activities
    -       (1,500 )     (500 )
                         
FINANCING ACTIVITIES
                       
Net decrease in short-term borrowings
    (804 )     -       -  
Common stock issued
    2,329       2,210       -  
Proceeds from dividend reinvestment plan
    694       542       510  
Cash dividends
    (2,002 )     (1,764 )     (1,637 )
Net cash provided by (used for) financing activities
    217       988       (1,127 )
                         
Increase (decrease) in cash
    1,030       453       (843 )
                         
CASH AT BEGINNING OF YEAR
    710       257       1,100  
                         
CASH AT END OF YEAR
  $ 1,740     $ 710     $ 257