Condensed Financial Information (Parent Company Only)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

Note 19:

Condensed Financial Information (Parent Company Only)

Presented below is condensed financial information as to financial position, results of operations, and cash flows of the Company:

Condensed Balance Sheets

	December 31,
	2013		2012
Assets
Cash and cash equivalents	$	17,983	$	782
Investment in common stock of subsidiaries		74,789		60,542
Premises and equipment, net		4,524		—
Accrued income and other assets		967		283
Total assets	$	98,263	$	61,607

Liabilities and Equity
Subordinated debt	$	2,789	$	—
Note payable to the Bank		4,000		—
Accrued expenses and other liabilities		566		257
Total liabilities		7,355		257

Shareholders’ equity		90,908		61,350

Total liabilities and equity	$	98,263	$	61,607

Condensed Statements of Income

	Years Ended
	December 31,
	2013		2012
Income
Dividends from subsidiaries	$	500	$	250
Total income		500		250

Expenses
Interest on borrowings		307		—
Professional services		859		385
Other expenses		638		99
Total expenses		1,804		484

Loss Before Income Tax and Equity in Undistributed Net Income of Subsidiaries		(1,304)		(234)

Income Tax Benefit		(596)		(41)

Loss Before Equity in Undistributed Net Income of Subsidiaries		(708)		(193)

Equity in Undistributed Net Income of Subsidiaries		5,301		5,799

Net Income	$	4,593	$	5,606

Condensed Statements of Comprehensive Income

	Years Ended
	December 31,
	2013		2012
Net income	$	4,593	$	5,606
Other comprehensive income (loss)
Net unrealized holding gains (losses) on securities available for sale		(6,462)		2,161
Reclassification adjustment for (gains) losses realized		63		(48)
Net unrealized holding losses on securities available for sale for which an other-than- temporary impairment has been recognized in income		(129)		(1,452)
Reclassification adjustment for other-than-temporary impairment loss recognized in income		49		252
Other comprehensive income (loss) before tax		(6,479)		913
Income tax provision (benefit)		(2,289)		315
Other comprehensive income (loss) - net of tax		(4,190)		598
Comprehensive income	$	403	$	6,204

Condensed Statements of Cash Flows

	Years Ended
	December 31,
	2013		2012
Operating Activities
Net income	$	4,593	$	5,606
Items not providing cash		(5,402)		(4,604)
Net cash provided by (used in) operating activities		(809)		1,002

Investing Activities
Capital contribution to the Bank		(13,000)		—
Purchase of premises and equipment		(4,641)		—
Net cash used in investing activities		(17,641)		—

Financing Activities
Cash dividends paid		(450)		(479)
Proceeds from issuance of subordinated debt and related warrants		3,000		—
Proceeds from loan from the Bank		4,000		—
Net proceeds from common stock issuance		29,101		107
Net cash provided by (used in) financing activities		35,651		(372)

Net Increase in Cash and Cash Equivalents		17,201		630

Cash and Cash Equivalents at Beginning of Year		782		152

Cash and Cash Equivalents at End of Year	$	17,983	$	782

- 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.

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