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Condensed Financial Information (Parent Company Only)
12 Months Ended
Dec. 31, 2011
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information (Parent Company Only)
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
  
2011
2010
Assets
Cash and due from banks
$ 62 $ 453
Investment in common stock of the Bank
39,367 37,962
Investment in RVB Trust I
217 217
Dividends receivable
500
Other assets
350 375
Total assets
$ 40,496 $ 39,007
Liabilities
Borrowings
$ 7,217 $ 7,217
Dividends payable
318 318
Other liabilities
4 4
Total liabilities
7,539 7,539
Stockholders’ Equity
32,957 31,468
Total liabilities and stockholders’ equity
$ 40,496 $ 39,007
 
 
Condensed Statements of Income
2011
2010
Income
Dividends from the Bank
$ 2,000 $
Other income
1 1
Total income
2,001 1
Expenses
Interest expense
253 255
Other expenses
262 232
Total expenses
515 487
Income (loss) before income tax and equity in undistributed income of subsidiary
1,486 (486 )
Income tax expense (benefit)
224 215
Income (loss) before equity in undistributed income of subsidiary
1,710 (271 )
Equity in undistributed income of the Bank
62 2,591
Net Income
$ 1,772 $ 2,320


 
Condensed Statements of Cash Flows
2011
2010
Operating Activities
Net income
$ 1,772 $ 2,320
Items not providing cash
(2,529 ) (2,506 )
Net cash used in operating activities
(757 ) (184 )
Investing Activities
Dividends from subsidiary
2,000
Net cash provided by investing activities
2,000
Financing Activities
Proceeds from exercise of stock options
36
Cash dividends
(1,634 ) (1,631 )
Net cash used in financing activities
(1,634 ) (1,595 )
Net Change in Cash and Cash Equivalents
(391 ) (1,779 )
Cash and Cash Equivalents at Beginning of Year
453 2,232
Cash and Cash Equivalents at End of Year
$ 62 $ 453