Condensed Financial Information - Parent Company Only (Tables)

12 Months Ended

Dec. 31, 2012


		2011		2011
Assets
Cash held in subsidiary bank	$	1,488	$	313
Due from banks		504		503
Securities available for sale		3,261		5,165
Investment in subsidiaries, at cost, plus undistributed net income		65,574		59,157
Other assets		756		777
Total assets	$	71,583	$	65,915

Liabilities and Shareholders' Equity
Trust preferred capital notes	$	7,217	$	7,217
Other liabilities		660		608
Total liabilities	$	7,877	$	7,825

Shareholders' Equity
Preferred stock	$	-	$	-
Common stock		8,340		8,217
Surplus		10,424		9,568
Retained earnings		41,494		37,374
Accumulated other comprehensive income		3,448		2,931
Total shareholders' equity	$	63,706	$	58,090
Total liabilities and shareholders' equity	$	71,583	$	65,915


		2012			2011			2010
Income
Dividends from subsidiary bank	$	800		$	1,600		$	1,500
Interest and dividends on securities available for sale		257			313			368
(Loss) on equity investments		-			-			-
Other income (loss)		38			(108	)		16
Total income	$	1,095		$	1,805		$	1,884

Expenses
Interest expense on borrowings	$	318		$	317		$	316
Other operating expenses		192			179			112
Total expenses	$	510		$	496		$	428

Income before income tax (benefit) and equity
in undistributed net income of subsidiary bank	$	585		$	1,309		$	1,456

Income Tax (Benefit)		(75	)		(122	)		(41	)

Income before equity in undistributed
net income of subsidiary bank	$	660		$	1,431		$	1,497

Equity in Undistributed Net Income of Subsidiary Bank		5,890			2,891			2,108
Net income	$	6,550		$	4,322		$	3,605
Comprehensive income	$	7,067		$	6,043		$	3,723


		2012			2011				2010
Cash Flows from Operating Activities
Net Income	$	6,550		$	4,322		$	3,605
Adjustments to reconcile net income to net
cash provided by operating activities
(Loss) on securities		-			96				-
Stock-based compensation expense		242			166				116
(Discount accretion) premium amortization on securities		(1	)		(2	)			(1	)
Undistributed earnings of subsidiary bank		(5,890	)		(2,891	)		(2,108		)
Changes in assets and liabilities:
Decrease (increase) in other assets		30			(91	)			(24	)
(Decrease) increase in other liabilities		(2	)		(4	)			3
Net cash provided by operating activities	$	929		$	1,596		$	1,591

Cash Flows from Investing Activities
Proceeds from maturities of securities available for sale	$	1,945		$	500			$	406
Net cash provided by investing activities	$	1,945		$	500			$	406

Cash Flows from Financing Activities
Cash dividends paid	$	(1,805	)	$	(1,764	)	$	(1,645		)
Issuance of common stock, employee benefit plan		107			89				-
Retirement of common stock		-			(271	)			-
Net cash (used in) financing activities	$	(1,698	)	$	(1,946	)	$	(1,645		)
Increase in cash	$	1,176		$	150			$	352

Cash
Beginning	$	816		$	666			$	314
Ending	$	1,992		$	816			$	666