XML 31 R109.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 18 - Parent Company Financial Information (Details) - Condensed Statement of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Condensed Cash Flow Statements, Captions [Line Items]    
Net income $ 8,392,000 $ 9,175,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net securities gains (824,000) (577,000)
Stock-based compensation expense 71,000 76,000
Decrease (increase) in other assets 4,140,000 (3,370,000)
Deferred income tax provision (212,000) 409,000
Net cash provided by operating activities 17,323,000 8,227,000
Purchase of investment securities 130,213,000 235,452,000
Proceeds from sale of investment securities 19,559,000 44,600,000
Net cash used by investing activities (29,172,000) (45,450,000)
Cash dividend paid (3,130,000) (2,997,000)
Proceeds from issuance of common stock 535,000 718,000
Tax benefit from exercise of stock options 2,000 19,000
Net cash used by financing activities 12,682,000 42,121,000
(Decrease) increase in cash and cash equivalents 833,000 4,898,000
Cash and cash equivalents at beginning of year 15,453,000 10,555,000
Cash and cash equivalents at end of year 16,286,000 15,453,000
Parent Company [Member]
   
Condensed Cash Flow Statements, Captions [Line Items]    
Net income 8,392,000 9,175,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in undistributed income from subsidiary (4,588,000) (6,498,000)
Net securities gains (629,000) (451,000)
Stock-based compensation expense 71,000 76,000
Decrease (increase) in other assets 443,000 (84,000)
Deferred income tax provision   153,000
Net cash provided by operating activities 3,689,000 2,371,000
Purchase of investment securities (3,763,000) (2,132,000)
Proceeds from sale of investment securities 2,589,000 2,092,000
Net cash used by investing activities (1,174,000) (40,000)
Cash dividend paid (3,130,000) (2,997,000)
Proceeds from issuance of common stock 535,000 718,000
Tax benefit from exercise of stock options 2,000 19,000
Net cash used by financing activities (2,593,000) (2,260,000)
(Decrease) increase in cash and cash equivalents (78,000) 71,000
Cash and cash equivalents at beginning of year 102,000 31,000
Cash and cash equivalents at end of year $ 24,000 $ 102,000