Note 18 - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet

Balance Sheets
December 31,	2017		2016
Assets
Cash and cash equivalents	$	4,667	$	60
Investment securities available-for-sale		4,975		8,503
Investment in subsidiary		89,258		85,102
Other assets		74		3
Total assets	$	98,974	$	93,668
Liabilities
Other liabilities	$	404	$	101
Shareholders' equity	$	98,570	$	93,567
Total liabilities and shareholders' equity	$	98,974	$	93,668

Condensed Income Statement

Statements of Income
Year ended December 31,	2017		2016		2015
Dividends from subsidiary	$	3,382	$	3,093	$	3,228
Interest, dividend and other income		183		171		180
Securities gains		1,477		566		636
Total income		5,042		3,830		4,044
Expenses		301		295		298
Income before applicable income taxes and equity in    undistributed income of subsidiary		4,741		3,535		3,746
Provision for income taxes		554		159		163
Income before equity in undistributed income of subsidiary		4,187		3,376		3,583
Equity in undistributed income of subsidiary		4,102		5,548		4,650
Net income	$	8,289	$	8,924	$	8,233

Condensed Comprehensive Income

Statements of Comprehensive Income	(in thousands)
Year ended December 31,	2017									2016									2015
	Before tax amount			Tax expense (benefit)			Net of tax amount			Before tax amount			Tax expense (benefit)			Net of tax amount			Before tax amount			Tax expense (benefit)			Net of tax amount
Net income	$	14,189		$	5,900		$	8,289		$	11,978		$	3,054		$	8,924		$	10,803		$	2,570		$	8,233
Other comprehensive (loss) income:
Net unrealized holding (losses)    gains on securities:
Unrealized holding (losses)    gains arising during the    period		1,002			341			661			(4,192	)		(1,426	)		(2,766	)		(1,419	)		(483	)		(936	)
Reclassification adjustment    for gains included in net    income		(1,500	)		(510	)		(990	)		(674	)		(229	)		(445	)		(783	)		(266	)		(517	)
Other comprehensive (loss) income		(498	)		(169	)		(329	)		(4,866	)		(1,655	)		(3,211	)		(2,202	)		(749	)		(1,453	)
Total comprehensive income	$	13,691		$	5,731		$	7,960		$	7,112		$	1,399		$	5,713		$	8,601		$	1,821		$	6,780

Condensed Cash Flow Statement

Statements of Cash Flows
Year ended December 31,	2017			2016			2015
Operating Activities
Net income	$	8,289		$	8,924		$	8,233
Adjustments to reconcile net income to net cash provided    by operating activities:
Equity in undistributed income from subsidiary		(4,102	)		(5,548	)		(4,650	)
Net securities gains		(1,477	)		(566	)		(636	)
Stock-based compensation expense		102			88			85
(Decrease) increase in other liabilities		335			(67	)		(87	)
Decrease (increase) in other assets		(3	)		3			(2	)
Deferred income tax provision		98			14			13
Net cash provided by operating activities		3,242			2,848			2,956
Investing activities
Purchase of investment securities		(9,998	)		(7,327	)		(3,862	)
Proceeds from sale of investment securities		14,422			7,137			3,713
Net cash used by investing activities		4,424			(190	)		(149	)
Financing activities
Cash dividend paid		(3,731	)		(3,556	)		(3,445	)
Proceeds from issuance of common stock		672			862			648
Tax benefit from exercise of stock options		-			17			21
Net cash used by financing activities		(3,059	)		(2,677	)		(2,776	)
(Decrease) increase in cash and cash equivalents		4,607			(19	)		31
Cash and cash equivalents at beginning of year		60			79			48
Cash and cash equivalents at end of year	$	4,667		$	60		$	79