18. PARENT ONLY CONDENSED FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of condensed balance sheet

	2014		2013
ASSETS
Cash and due from banks	$	378	$	416
Investment in subsidiaries		89,908		87,149
Other assets		277		291
	$	90,563	$	87,856
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities:
Other liabilities	$	916	$	836
Total liabilities		916		836
Shareholders’ equity:
Common stock		57,126		61,108
Retained earnings		29,150		24,789
Accumulated other comprehensive income, net of taxes		3,371		1,123
Total shareholders’ equity		89,647		87,020
	$	90,563	$	87,856

Schedule of condensed income statement

	2014		2013			2012
Income:
Dividends declared by subsidiaries – eliminated in consolidation	$	4,250	$	6,000		$	1,000
Management fee from subsidiaries – eliminated in consolidation		—		—			—
Other income		—		—			—
Total income		4,250		6,000			1,000
Expenses:
Professional fees		89		91			98
Directors’ expense		280		247			285
Other expenses		212		205			217
Total expenses		581		543			600
Income before equity in undistributed income of subsidiaries		3,669		5,457			400
Equity in (distributed) undistributed income of subsidiaries		453		(2,623	)		2,560
Income before income taxes		4,122		2,834			2,960
Income tax benefit		239		223			247
Net income	$	4,361	$	3,057		$	3,207

Schedule of condensed cash flow statement

	2014			2013			2012
Cash flows from operating activities:
Net income	$	4,361		$	3,057		$	3,207
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
(Undistributed) distributed earnings of subsidiaries		(453	)		2,623			(2,560	)
Equity-based compensation expense		166			131			155
(Increase) decrease in other assets		(44	)		1,004			(1,209	)
Increase (decrease) in other liabilities		80			(60	)		110
Net cash provided by (used in) operating activities		4,110			6,755			(297	)
Cash flows from investing activities:
Purchase of equipment		—			—			—
Sale of equipment		—			—			—
Net cash provided by investing activities		—			—			—
Cash flows from financing activities:
Cash paid to repurchase common stock		(4,148	)		(7,000	)		(4,194	)
Net cash used in financing activities		(4,148	)		(7,000	)		(4,194	)
Net decrease in cash and cash equivalents		(38	)		(245	)		(4,491	)
Cash and cash equivalents at beginning of year		416			661			5,152
Cash and cash equivalents at end of year	$	378		$	416		$	661

Schedule of quarterly financial information

(In thousands, except per share and price range of common stock)
	March 31,		June 30,		September 30,			December 31,
2014
Interest income	$	4,996	$	5,067	$	4,966		$	4,936
Net interest income		4,692		4,776		4,679			4,650
Provision for loan and lease losses		—		—		(200	)		(341	)
Noninterest income		502		508		520			647
Noninterest expense		3,653		3,699		3,662			3,848
Income before taxes		1,541		1,585		1,737			1,790
Net income		1,006		1,035		1,124			1,196
Basic earnings per share	$	.12	$	.13	$	.14		$	.15
Diluted earnings per share		.12		.13		.14			.15
Cash dividends per share		—		—		—			—
Price range, common stock	$	8.92-10.29	$	8.21-9.75	$	8.42-9.63		$	9.05-9.99
2013
Interest income	$	4,651	$	4,551	$	4,757		$	4.922
Net interest income		4,244		4,176		4,396			4,575
Provision for loan and lease losses		100		100		—			—
Noninterest income		625		448		462			480
Noninterest expense		4,002		3,612		3,536			3,741
Income before taxes		767		912		1,322			1,314
Net income		622		652		893			890
Basic earnings per share	$	.07	$	.07	$	.10		$	.10
Diluted earnings per share		.07		.07		.10			.10
Cash dividends per share		—		—		—			—
Price range, common stock	$	6.75-7.95	$	7.39-9.53	$	8.62-8.91		$	7.89-9.58