Condensed Financial Information (Parent Company Only) (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet

Presented below is condensed financial information as to financial position, results of operations and cash flows of the Company:

Condensed Balance Sheets

	December 31,
	2013		2012
	(In thousands)
Assets
Cash and cash equivalents	$	2,117	$	1,438
Investment in the Bank		38,089		38,529
Corporate owned life insurance		307		291
Other assets		2,374		1,996
Total assets	$	42,887	$	42,254
Liabilities and Stockholders’ Equity
Subordinated debentures	$	4,000	$	4,000
Other liabilities		16		1,628
Stockholders’ equity		38,871		36,626
Total liabilities and stockholders’ equity	$	42,887	$	42,254

Condensed Statements of Income

Condensed Statements of Income and Comprehensive Income

	Years Ended December 31,
	2013		2012
	(In thousands)
Operating Income
Dividends from subsidiary	$	3,697	$	3,511
Interest and dividend income from securities and federal funds		16		19
Total operating income		3,713		3,530
General, Administrative and Other Expenses		1,982		2,027
Income Before Income Taxes and Equity in Undistributed     Income of Subsidiary		1,731		1,503
Income Tax Benefits		555		614
Income Before Equity in Undistributed Income of Subsidiary		2,286		2,117
Equity in Undistributed Income of Subsidiary		326		281
Net Income	$	2,612	$	2,398
Comprehensive Income	$	3,508	$	2,231

Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Years Ended December 31,
	2013		2012
	(In thousands)
Operating Activities
Net income	$	2,612	$	2,398
Items not requiring (providing) cash
Depreciation and amortization		12		12
Equity in undistributed income of subsidiary		(326)		(281)
Amortization of ESOP and share-based compensation plans		364		408
Net change in other assets and other liabilities		(357)		(724)
Net cash provided by operating activities		2,305		1,813
Financing Activities
Dividends paid to stockholders		(1,556)		(2,253)
Purchase of treasury stock		(70)		(63)
Shares purchased for deferred compensation plan		––		121
Net cash used in financing activities		(1,626)		(2,195)
Net Change in Cash and Cash Equivalents		679		(382)
Cash and Cash Equivalents at Beginning of Year		1,438		1,820
Cash and Cash Equivalents at End of Year	$	2,117	$	1,438