Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2013

Parent Company Financial Information [Abstract]

Schedule of Condensed Statements of Financial Condition

Condensed Statements of Financial Condition	December 31
(Dollars in thousands)	2013		2012
Assets
Cash	$	157	$	222
Investment securities, at fair value		18		14
Investment in subsidiary		67,883		65,945
Other assets		111		118
Total assets	$	68,169	$	66,299
Liabilities and Stockholders’ Equity
Liabilities
Junior subordinated debentures	$	9,279	$	9,279
Other liabilities		307		315
Total liabilities		9,586		9,594
Stockholders’ equity		58,583		56,705
Total liabilities and stockholders’ equity	$	68,169	$	66,299

Schedule of Condensed Statements of Operations

	Year Ended
Condensed Statements of Income	December 31
(Dollars in thousands)	2013		2012
Income:
Equity in undistributed income of subsidiary	$	3,631	$	4,843
Dividends from subsidiary		590		721
Total income		4,221		5,564
Expense:
Interest expense		302		325
Total expense		302		325
Net income	$	3,919	$	5,239

Schedule of Condensed Statement of Comprehensive Income

Condensed Statements of Comprehensive Income		Year Ended
(Dollars in thousands)		December 31
		2013		2012
Net income	$	3,919	$	5,239
Other comprehensive income:
Unrealized holding gains (losses) arising during the period
Before tax amount		4		(1)
Tax effect		(1)		-
Net of tax		3		(1)
Total other comprehensive income (loss)		3		(1)
Total comprehensive income	$	3,922	$	5,238

Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows	Year Ended December 31
(Dollars in thousands)	2013		2012
Cash Flows From Operating Activities:
Net income	$	3,919	$	5,239
Adjustments to reconcile net income to net cash used
in operating activities:
Equity in income of subsidiary and dividends		(4,221)		(5,564)
Unvested stock amortization		204		143
Net change in other liabilities		(8)		6
Net change in other assets		6		6
Net Cash Used in Operating Activities		(100)		(170)
Cash Flows From Investing Activities:
Payments for investments in and advances to subsidiaries		(213)		(157)
Sale or repayment of investments in and advances to subsidiaries		803		877
Other, net		-		2
Net Cash Provided by Investing Activities		590		722
Cash Flows From Financing Activities:
Proceeds from issuance of common stock		344		332
Issuance of preferred stock and warrants		-		-
Repurchase of preferred stock and warrants		-		-
Dividends paid		(899)		(993)
Net Cash (Used in) Financing Activities		(555)		(661)
Net Change in Cash and Cash Equivalents		(65)		(109)
Cash and cash equivalents at Beginning of Period		222		331
Cash and cash equivalents at End of Period	$	157	$	222