Condensed Financial Information (Parent Company Only)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Condensed Financial Information (Parent Company Only)

Note 23:  Condensed Financial Information (Parent Company Only)

Presented below is condensed financial information as to financial position, results of operations and cash flows of the Holding Company:

Condensed Balance Sheets
	2014		2013
Assets
Cash and due from banks	$	11,848	$	686
Investment in subsidiaries		48,035		40,761
Investment in RVB Trust I		217		217
Other assets		530		343
Total assets	$	60,630	$	42,007
Liabilities
Borrowings	$	7,217	$	7,217
Dividends payable		578		321
Other liabilities		93		5
Total liabilities		7,888		7,543
Stockholders’ Equity		52,742		34,464
Total liabilities and stockholders’ equity	$	60,630	$	42,007

Condensed Statements of Income and Comprehensive Income
	2014		2013
Income
Dividends from subsidiaries	$	850	$	2,000
Other income		-		1
Total income		850		2,001
Expenses
Interest expense		248		251
Other expenses		590		260
Total expenses		838		511
Income before income tax and equity in undistributed income of subsidiaries		12		1,490
Income tax benefit		368		246
Income before equity in undistributed income of subsidiaries		380		1,736
Equity in undistributed income of subsidiaries		4,408		2,704
Net Income	$	4,788	$	4,440
Comprehensive Income	$	7,362	$	720

Condensed Statements of Cash Flows
	2014			2013
Operating Activities
Net income	$	4,788		$	4,440
Items not providing cash		(5,175	)		(4,694	)
Net cash used in operating activities		(387	)		(254	)
Investing Activities
Dividends from subsidiary		850			2,000
Investment in subsidiary		(250	)		-
Net cash provided by investing activities		600			2,000
Financing Activities
Redemption of preferred stock		(5,000	)		-
Issuance of common stock		17,776			-
Proceeds from exercise of stock options		111			108
Cash dividends		(1,938	)		(1,646	)
Net cash provided by (used in) financing activities		10,949			(1,538	)
Net Change in Cash and Cash Equivalents		11,162			208
Cash and Cash Equivalents at Beginning of Year		686			478
Cash and Cash Equivalents at End of Year	$	11,848		$	686