Note 19 - Parent Company Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Condensed Balance Sheet [Table Text Block]

December 31, (In thousands)	2012		2011
Assets
Cash and cash equivalents	$	24,776	$	18,362
Investment in subsidiaries		196,406		192,486
Other assets		862		793
Total assets	$	222,044	$	211,641
Liabilities
Dividends payable	$	188	$	188
Subordinated notes payable to unconsolidated trusts		48,970		48,970
Other liabilities		4,865		5,426
Total liabilities		54,023		54,584
Shareholders’ Equity
Preferred stock		29,537		29,115
Common stock		934		931
Capital surplus		50,934		50,848
Retained earnings		79,747		69,520
Accumulated other comprehensive income		6,869		6,643
Total shareholders’ equity		168,021		157,057
Total liabilities and shareholders’ equity	$	222,044	$	211,641

Schedule of Condensed Income Statement [Table Text Block]

Years Ended December 31, (In thousands)	2012			2011			2010
Income
Dividends from subsidiaries	$	12,012		$	4,511		$	6,627
Interest		19			16			12
Other noninterest income		3,476			3,369			3,637
Total income		15,507			7,896			10,276
Expense
Interest expense - subordinated notes payable to unconsolidated trusts		1,879			2,026			2,035
Interest expense on other borrowed funds		-			2			2
Noninterest expense		3,875			3,484			3,689
Total expense		5,754			5,512			5,726
Income before income tax (benefit) expense and equity in undistributed income of subsidiaries		9,753			2,384			4,550
Income tax (benefit) expense		(759	)		(854	)		411
Income before equity in undistributed income of subsidiaries		10,512			3,238			4,139
Equity in undistributed income (loss) of subsidiaries		1,637			(500	)		2,793
Net income		12,149			2,738			6,932
Other comprehensive income (loss)		226			5,745			(2,966	)
Comprehensive income	$	12,375		$	8,483		$	3,966

Schedule of Condensed Cash Flow Statement [Table Text Block]

Years Ended December 31, (In thousands)	2012			2011			2010
Cash Flows From Operating Activities
Net income	$	12,149		$	2,738		$	6,932
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed (income) loss of subsidiaries		(1,637	)		500			(2,793	)
Noncash employee stock purchase plan expense		3			3			2
Change in other assets and liabilities, net		(590	)		1,253			1,917
Deferred income tax (benefit) expense		(64	)		735			(850	)
Net cash provided by operating activities		9,861			5,229			5,208
Cash Flows From Investing Activities
Return of equity from nonbank subsidiary		500			-			1,150
Investment in nonbank subsidiaries		-			-			(800	)
Investment in bank subsidiaries		(2,500	)		(4,000	)		(3,350	)
Proceeds from liquidation of company-owned life insurance		-			2,248			8,567
Net cash (used in) provided by investing activities		(2,000	)		(1,752	)		5,567
Cash Flows From Financing Activities
Dividends paid, common and preferred stock		(1,500	)		(1,500	)		(2,237	)
Repurchase of common stock warrant		(75	)		-			-
Shares issued under Employee Stock Purchase Plan		128			136			157
Net cash used in financing activities		(1,447	)		(1,364	)		(2,080	)
Net increase in cash and cash equivalents		6,414			2,113			8,695
Cash and cash equivalents at beginning of year		18,362			16,249			7,554
Cash and cash equivalents at end of year	$	24,776		$	18,362		$	16,249