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Note 24 - Parent Company Condensed Financial Information
 12 Months Ended
Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
(24) PARENT COMPANY CONDENSED FINANCIAL INFORMATION

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


Balance Sheets


(In thousands)


    As of December 31,
    2015   2014
Assets:                
Cash and cash equivalents   $ 461     $ 309  
Other assets     971       911  
Investment in subsidiaries     73,027       55,906  
                 
    $ 74,459     $ 57,126  
                 
Liabilities and Equity:                
Accrued expenses   $ 63     $ 5  
Stockholders' equity     74,396       57,121  
                 
    $ 74,459     $ 57,126  

Statements of Income


(In thousands)


    Years Ended December 31,
    2015   2014
         
Dividend income from subsidiary   $ 18,200     $ 4,114  
Other income     9       6  
Other operating expenses     (1,116 )     (376 )
                 
Income before income taxes and equity in undistributed net income of subsidiaries     17,093       3,744  
                 
Income tax benefit     179       145  
                 
Income before equity in undistributed net income of subsidiaries     17,272       3,889  
Equity in undistributed net income of subsidiaries     (12,074 )     1,705  
                 
Net income   $ 5,198     $ 5,594  

Statements of Cash Flows


(In thousands)


    Years Ended December 31,
    2014   2014
Operating Activities:                
Net income   $ 5,198     $ 5,594  
Adjustments to reconcile net income to cash and cash equivalents provided by operating activities:                
Equity in undistributed net income of subsidiaries     12,074       (1,705 )
Net change in other assets and liabilities     74       (71 )
Net cash provided by operating activities     17,346       3,818  
                 
Investing Activities:                
Investment in captive insurance subsidiary     0       (250 )
Cost method equity investment     0       (171 )
Net cash paid in acquisition of Peoples     (14,748 )     0  
Net cash used in investing activities     (14,748 )     (421 )
                 
Financing Activities:                
Advances on line of credit     500       0  
Repayment of advances on line of credit     (500 )     0  
Purchase of treasury stock     (10 )     (908 )
Cash dividends paid     (2,436 )     (2,312 )
Net cash used in financing activities     (2,446 )     (3,220 )
                 
Net increase in cash and cash equivalents     152       177  
                 
Cash and cash equivalents at beginning of year     309       132  
                 
Cash and cash equivalents at end of year   $ 461     $ 309