Condensed Financial Information Parent Company (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Balance Sheets

BALANCE SHEETS

(Amounts in thousands)

	December 31,
	2017			2016
ASSETS
Cash	$	261		$	320
Investment in bank subsidiary		58,028			53,759
Subordinated note from subsidiary bank		6,000			6,000
Other assets		3,489			3,700
Total assets	$	67,778		$	63,779
LIABILITIES
Other liabilities	$	993		$	954
Subordinated debt (Note 7)		5,155			5,155
Total liabilities		6,148			6,109
SHAREHOLDERS’ EQUITY
Common stock		23,641			23,641
Additional paid-in capital		20,928			20,878
Retained earnings		24,403			21,485
Accumulated other comprehensive loss		(1,825	)		(2,961	)
Treasury stock		(5,517	)		(5,373	)
Total shareholders’ equity		61,630			57,670
Total liabilities & shareholders’ equity	$	67,778		$	63,779

Condensed Statement of Comprehensive Income

STATEMENTS OF COMPREHENSIVE INCOME

(Amounts in thousands)

	Years ended December 31,
	2017			2016			2015
Dividends from bank subsidiary	$	1,900		$	1,400		$	3,310
Interest and dividend income		153			121			97
Other income		58			60			63
Interest on subordinated debt		(138	)		(112	)		(91	)
Other expenses		(568	)		(497	)		(513	)
Income before income tax and equity in undistributed earnings of    subsidiaries		1,405			972			2,866
Income tax benefit		106			265			133
Equity in undistributed earnings of subsidiaries		2,839			3,634			1,379
Net income	$	4,350		$	4,871		$	4,378
Comprehensive income	$	5,780		$	2,148		$	3,764

Statements of Cash Flows

STATEMENTS OF CASH FLOWS

(Amounts in thousands)

	Years ended December 31,
	2017			2016			2015
Cash flow from operating activities
Net income	$	4,350		$	4,871		$	4,378
Adjustments to reconcile net income to net cash flow from operating    activities:
Equity in undistributed net income of subsidiaries		(2,839	)		(3,634	)		(1,379	)
Deferred tax benefit		62			(15	)		(6	)
Equity compensation		143			75			—
Change in other assets and liabilities		188			138			(35	)
Net cash flow from operating activities		1,904			1,435			2,958
Cash deficit from financing activities
Dividends paid		(1,726	)		(1,237	)		(1,082	)
Treasury shares purchased		(237	)		—			(1,850	)
Net cash deficit from financing activities		(1,963	)		(1,237	)		(2,932	)
Net change in cash		(59	)		198			26
Cash
Beginning of year		320			122			96
End of year	$	261		$	320		$	122