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Condensed Financial Information (Parent Company Only)
 12 Months Ended
Dec. 31, 2012
Condensed Financial Information (Parent Company Only) [Abstract]  
Condensed Financial Information (Parent Company Only)
 
Note 25:
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
 
   
2012
    
2011
  
($ in thousands)
           
Assets            
Cash and cash equivalents
   $ 601     $ 1,158  
Investment in common stock of banking subsidiaries
     71,136       68,915  
Investment in nonbanking subsidiaries
     1,427       (1,589 )
Notes Receivable
     -       2,000  
Other assets
     2,164       2,724  
Total assets
   $ 75,328     $ 73,208  
Liabilities
                
Trust preferred securities
   $ 20,000     $ 20,000  
Borrowings from nonbanking subsidiaries
     620       620  
Notes Payable
     750       1,500  
Other liabilities & accrued interest payable
     838       3,463  
Total liabilities
     22,208       25,583  
Stockholders' Equity
     53,120       47,625  
Total liabilities and stockholders' equity
   $ 75,328     $ 73,208  
  
Condensed Statements of Income
 
($ in thousands)
 
2012
    
2011
  
Income            
Interest income
   $ -     $ 121  
Dividends from subsidiaries:
                
Banking subsidiaries
     4,600       2,165  
Nonbanking subsidiaries
     119       -  
Total
     4,719       2,165  
Other income
     264       154  
Total income
     4,983       2,440  
Expenses
                
Interest expense
     1,881       1,406  
Other expense
     1,269       1,580  
Total expenses
     3,150       2,986  
Income (loss) before income tax and equity in undistributed (excess distributed) income (loss) of subsidiaries
     1,833       (546 )
Income tax benefit
     (987 )     (642 )
Income before equity in undistributed income of subsidiaries
     2,820       96  
Equity in undistributed income of subsidiaries
                
Banking subsidiaries
     1,832       2,634  
Nonbanking subsidiaries
     304       (1,373 )
Total
     2,136       1,261  
Net income
   $ 4,956     $ 1,357  
Comprehensive income   $  5,301        1,820  
 
In December of 2011, the Company executed a transaction between two of its affiliates that was offset in the Parent Company financial statements.  The transaction in the amount of $0.31 million involved the transfer of assets that were valued at less than the carrying value of the assets on the affiliate.  Due to the assets remaining in the Company and for the purposes initially intended the loss was offset at the parent level.  In 2012, the net effect of this transaction was a reduction in income of $0.14 million.
 
Condensed Statements of Cash Flows
 
   
2012
    
2011
  
($ in thousands)                
Operating Activities                
Net income
   $ 4,956     $ 1,357  
Items not requiring (providing) cash                
Equity in undistributed net income of subsidiaries
     (2,136 )      (1,261 )
Expense of stock option plan
     51       88  
Other assets     560       (49 )
Other liabilities
     (2,625 )     1,184  
                 
Net cash provided by operating activities
     806       1,319  
                 
Investing Activities
                
Increase in Notes Receivable
     2,000       -  
Investment in Subsidiary
     (2,613 )     -  
Net cash used in investing activities
     (613 )     -  
                 
Financing Activities
                
Repayment of NotesPayable
     (750 )     (200 )
                 
Net cash used in financing activities
     (750 )     (200 )
                 
Net Change in Cash and Cash Equivalents
     (557 )     1,119  
                 
Cash and Cash Equivalents at Beginning of Year
     1,158       39  
                 
Cash and Cash Equivalents at End of Year
   $ 601     $ 1,158