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Condensed Financial Information (Parent Company Only) (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information (Parent Company Only) [Abstract]

Condensed Balance Sheets

Condensed Balance Sheets

		2013				2012
($ in thousands)
Assets
Cash and cash equivalents		$	6,353			$	601
Investment in common stock of banking subsidiaries			72,391				71,136
Investment in nonbanking subsidiaries			1,237				1,427
Other assets			270				2,164
Total assets		$	80,251			$	75,328
Liabilities
Trust preferred securities		$	20,000			$	20,000
Borrowings from nonbanking subsidiaries			620				620
Notes Payable			-				750
Other liabilities & accrued interest payable			3,362				838
Total liabilities			23,982				22,208
Stockholders' Equity			56,269				53,120
Total liabilities and stockholders' equity		$	80,251			$	75,328

Condensed Statements of Income

Condensed Statements of Income and Comprehensive Income

		2013				2012
($ in thousands)
Income
Dividends from subsidiaries:
Banking subsidiaries		$	4,000			$	4,600
Nonbanking subsidiaries			186				119
Total			4,186				4,719
Other income			21				264
Total income			4,207				4,983
Expenses
Interest expense			1,407				1,881
Other expense			938				1,269
Total expenses			2,345				3,150
Income before income tax and equity in undistributed income of subsidiaries			1,862				1,833
Income tax benefit			(790	)			(987	)
Income before equity in undistributed income of subsidiaries			2,652				2,820
Equity in undistributed income of subsidiaries
Banking subsidiaries			3,081				1,832
Nonbanking subsidiaries			(364	)			304
Total			2,717				2,136
Net income		$	5,369			$	4,956
Comprehensive income		$	3,449			$	5,301

Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

($ in thousands)		2013				2012
Operating Activities
Net income		$	5,369			$	4,956
Items not requiring (providing) cash
Equity in undistributed net income of subsidiaries			(2,717	)			(2,136	)
Expense of stock option plan			64				51
Other assets			1,894				560
Other liabilities			2,523				(2,625	)
Net cash provided by operating activities			7,133				806
Investing Activities
Increase in Notes Receivable			-				2,000
Investment in Subsidiary			(103	)			(2,613	)
Net cash used in investing activities			(103	)			(613	)
Financing Activities
Dividends on Common Stock			(586	)			-
Proceeds from stock options			58				-
Repayment of Notes Payable			(750	)			(750	)
Net cash used in financing activities			(1,278	)			(750	)
Net Change in Cash and Cash Equivalents			5,752				(557	)
Cash and Cash Equivalents at Beginning of Year			601				1,158
Cash and Cash Equivalents at End of Year		$	6,353			$	601

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