Parent Company Financial Information

12 Months Ended

Dec. 31, 2011

Parnet Company Financial Information [Abstract]

PARENT COMPANY FINANCIAL INFORMATION

(16)    PARENT COMPANY FINANCIAL INFORMATION

        Condensed financial information of DNB Financial Corporation (parent company only) follows:

Condensed Statements of Financial Condition	December 31
(Dollars in thousands)	2011		2010
Assets
Cash	$	331	$	605
Investment securities		12		13
Investment in subsidiary		60,311		54,122
Other assets		125		130
Total assets	$	60,779	$	54,870
Liabilities and Stockholders' Equity
Liabilities
Junior subordinated debentures	$	9,279	$	9,279
Other liabilities		444		383
Total liabilities		9,723		9,662
Stockholders' equity		51,056		45,208
Total liabilities and stockholders' equity	$	60,779	$	54,870

Condensed Statements of Operations	Year Ended December 31
(Dollars in thousands)	2011		2010
Income:
Equity in undistributed income of subsidiary	$	2,448	$	4,047
Dividends from subsidiary		2,762		—
Other income		—		(3	)
Total income		5,210		4,044
Expense:
Interest expense		308		374
Other expenses		—		—
Total expense		308		374
Net income	$	4,902	$	3,670

Condensed Statements of Cash Flows	Year Ended December 31
(Dollars in thousands)	2011			2010
Cash Flows From Operating Activities:
Net income	$	4,902		$	3,670
Adjustments to reconcile net income to net cash used
in operating activities:
Equity in undistributed income of subsidiary		(5,210	)		(4,047	)
Loss on sale of asset		—			3
Unvested stock amortization		80			124
Net change in other liabilities		—			(31	)
Net change in other assets		6			6
Net Cash Used in Operating Activities		(222	)		(275	)
Cash Flows From Investing Activities:
Payments for investments in and advances to subsidiaries		(13,077	)		(142	)
Sale or repayment of investments in and advances to subsidiaries		12,839			642
Other, net		—			2
Net Cash (Used in) Provided by Investing Activities		(238	)		502
Cash Flows From Financing Activities:
Proceeds from issuance of common stock		263			212
Issuance of preferred stock and warrants		12,955			—
Repurchase of preferred stock and warrants		(12,208	)		—
Dividends paid		(824	)		(905	)
Net Cash Provided (Used) by Financing Activities		186			(693	)
Net Change in Cash and Cash Equivalents		(274	)		(466	)
Cash and cash equivalents at Beginning of Period		605			1,071
Cash and cash equivalents at End of Period	$	331		$	605