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Condensed Financial Information of the Parent Company Only
 12 Months Ended
Dec. 31, 2017
Condensed Financial Information of the Parent Company Only  
Condensed Financial Information of the Parent Company Only
(19)   Condensed Financial Information of the Parent Company Only
Following are the condensed financial statements of Hawthorn Bancshares, Inc. (Parent only) as of and for the years indicated:
Condensed Balance Sheets
  
     
December 31,
  
(in thousands)
    
2017
    
2016
  
Assets                          
Cash and due from bank subsidiaries       $ 1,415         $ 3,945    
Investment in equity securities         1,486           1,486    
Investment in subsidiaries         144,589           139,686    
Deferred tax asset         1,677           2,558    
Other assets         133           23    
Total assets
       $ 149,300         $ 147,698    
Liabilities and Stockholders’ Equity                          
Subordinated notes       $ 49,486         $ 49,486    
Other liabilities         8,443           7,195    
Stockholders’ equity         91,371           91,017    
Total liabilities and stockholders’ equity
       $ 149,300         $ 147,698    
 
Condensed Statements of Income
  
     
For the Years Ended December 31,
  
     
2017
    
2016
    
2015
  
Income                                      
Interest and dividends received from subsidiaries       $ 2,653         $ 46         $ 1,039    
Total income
         2,653           46           1,039    
Expenses                                      
Interest on subordinated notes         1,751           1,494           1,293    
Other         2,358           2,039           2,138    
Total expenses
         4,109           3,533           3,431    
Income before income tax benefit and equity in undistributed income of subsidiaries
         (1,456)           (3,487)           (2,392)    
Income tax benefit         191           1,337           1,065    
Equity in undistributed income of subsidiaries         4,679           9,432           9,926    
Net income
       $ 3,414         $ 7,282         $ 8,599    
 
Condensed Statements of Cash Flows
  
     
For the Years Ended December 31,
  
(in thousands)
    
2017
    
2016
    
2015
  
Cash flows from operating activities:                                      
Net income       $ 3,414         $ 7,282         $ 8,599    
Adjustments to reconcile net income to net cash provided by operating activities:
                                      
Equity in undistributed income of subsidiaries
         (4,679)           (9,432)           (9,926)    
Stock based compensation expense
         3           17           10    
Decrease (increase) in deferred tax asset
         881           (442)           (127)    
Other, net
         453           769           732    
Net cash provided (used) by operating activities
       $ 72         $ (1,806)         $ (712)    
Cash flows from investing activities:                                      
Investment in subsidiary       $ (250)         $ 2,500         $ 5,750    
Net cash (used) provided by investing activities
       $ (250)         $ 2,500         $ 5,750    
Cash flows from financing activities:                                      
Cash dividends paid - common stock       $ (1,474)         $ (1,097)         $ (1,058)    
Purchase of treasury stock         (878)           (623)           (33)    
Net cash used in financing activities
       $ (2,352)         $ (1,720)         $ (1,091)    
Net (decrease) increase in cash and due from banks         (2,530)           (1,026)           3,947    
Cash and due from banks at beginning of year
         3,945           4,971           1,024    
Cash and due from banks at end of year
       $ 1,415         $ 3,945         $ 4,971