Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2013

Parent Company Financial Information [Abstract]

Balance Sheets

Balance Sheets	2013		2012
Assets
Cash	$	3,982	$	4,638
Investment in wholly owned subsidiary		81,070		87,972
Total assets	$	85,052	$	92,610
Liabilities and stockholders’ equity
Other liabilities		144		285
Stockholders’ equity		84,908		92,325
Total liabilities and stockholders’ equity	$	85,052	$	92,610

Statements of Income

Statements of Income	2013			2012			2011
Dividends from subsidiary		10,000			—			—
Other operating expenses		(113	)		(106	)		(101	)
Income tax benefit		46			44			41
Income(loss) before undistributed earnings of subsidiary		9,933			(62	)		(60	)
Equity in undistributed earnings of subsidiary		(4,549	)		4,708			2,724
Net income	$	5,384		$	4,646		$	2,664

Statements of Cash Flows

Statements of Cash Flows	2013			2012			2011
Net income	$	5,384		$	4,646		$	2,664
Adjustments to reconcile net income to net cash provided by operating activities
Decrease in other assets		—			—			2
(Decrease) increase in other liabilities		(141	)		(54	)		228
Equity in undistributed earnings of subsidiary		4,549			(4,708	)		(2,724	)
Net cash provided by (used in) operating activities		9,792			(116	)		170
Cash flows from financing activities:
Issuance of preferred stock		—			—			22,847
Redemption of preferred stock		(10,000	)		—			(17,390	)
Redemption of common stock warrants		—			—			(375	)
Dividend on preferred stock		(677	)		(1,139	)		(953	)
Common stock issued and stock based compensation		233			208			257
Cash in lieu of fractional shares		(4	)		(3	)		—
Net cash (used in) provided by financing activities		(10,448	)		(934	)		4,386
Net change in cash		(656	)		(1,050	)		4,556
Cash at beginning of year		4,638			5,688			1,132
Cash at end of year	$	3,982		$	4,638		$	5,688