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PARENT COMPANY ONLY FINANCIAL STATEMENTS (Tables)
12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet
CONDENSED BALANCE SHEET, DECEMBER 31,
(In Thousands)
 
2017
 
2016
ASSETS:
 
 

 
 

Cash
 
$
132

 
$
578

Investment in subsidiaries:
 
 

 
 

Bank
 
131,637

 
129,421

Non-bank
 
5,685

 
8,037

Other assets
 
889

 
373

Total Assets
 
$
138,343

 
$
138,409

LIABILITIES AND SHAREHOLDERS’ EQUITY:
 
 

 
 

Other liabilities
 
$
149

 
$
160

Shareholders’ equity
 
138,194

 
138,249

Total liability and shareholders’ equity
 
$
138,343

 
$
138,409

Condensed Income Statement
CONDENSED STATEMENT OF INCOME FOR THE YEARS ENDED DECEMBER 31,
(In Thousands)
 
2017
 
2016
 
2015
Operating income:
 
 

 
 

 
 

Dividends from subsidiaries
 
$
11,352

 
$
10,007

 
$
11,367

Equity in undistributed earnings of subsidiaries
 
(908
)
 
3,128

 
3,167

Operating expenses
 
(671
)
 
(660
)
 
(636
)
Net income
 
$
9,773

 
$
12,475

 
$
13,898

Comprehensive income
 
$
10,545

 
$
11,346

 
$
11,766

Condensed Cash Flow Statement
CONDENSED STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31,
(In Thousands)
 
2017
 
2016
 
2015
OPERATING ACTIVITIES:
 
 

 
 

 
 

Net income
 
$
9,773

 
$
12,475

 
$
13,898

Adjustments to reconcile net income to net cash provided by operating activities:
 
 

 
 

 
 

Equity in undistributed earnings of subsidiaries
 
908

 
(3,128
)
 
(3,167
)
Other, net
 
(525
)
 
344

 
(313
)
Net cash provided by operating activities
 
10,156

 
9,691

 
10,418

FINANCING ACTIVITIES:
 
 

 
 

 
 

Dividends paid
 
(8,837
)
 
(8,903
)
 
(8,967
)
Issuance of common stock
 
116

 
101

 
116

Purchase of treasury stock
 
(1,881
)
 
(574
)
 
(2,603
)
Net cash used for financing activities
 
(10,602
)
 
(9,376
)
 
(11,454
)
NET (DECREASE) INCREASE IN CASH
 
(446
)
 
315

 
(1,036
)
CASH, BEGINNING OF YEAR
 
578

 
263

 
1,299

CASH, END OF YEAR
 
$
132

 
$
578

 
$
263