PARENT COMPANY CONDENSED FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

Condensed financial information for the Company (parent company only) follows:

Balance Sheets

Statements of Income


	Years Ended December 31,
	2013			2012
Dividend income	$	2,847		$	2,206
Other operating expenses		(253	)		(228	)

Income before income taxes and equity in undistributed net income of subsidiaries		2,594			1,978
Income tax benefit		98			87

Income before equity in undistributed net income of subsidiaries		2,692			2,065
Equity in undistributed net income of subsidiaries		2,382			1,857

Net income	$	5,074		$	3,922

Statements of Cash Flows


	Years Ended December 31,
	2013			2012
Operating Activities:
Net income	$	5,074		$	3,922
Adjustments to reconcile net income to cash and cash equivalents provided by operating activities:
Equity in undistributed net income of subsidiaries		(2,382	)		(1,857	)
Net change in other assets and liabilities		(9	)		24

Net cash provided by operating activities		2,683			2,089

Investing Activity:
Cost method equity investment		(540	)		0

Net cash used in investing activity		(540	)		0

Financing Activities:
Exercise of stock options		0			0
Purchase of treasury stock		(19	)		(14	)
Cash dividends paid		(2,228	)		(2,117	)

Net cash used in financing activities		(2,247	)		(2,131	)

Net decrease in cash and cash equivalents		(104	)		(42	)
Cash and cash equivalents at beginning of year		236			278

Cash and cash equivalents at end of year	$	132		$	236