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Note 21 - Parent Company
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
21.
PARENT COMPANY
Following are condensed financial statements for the Company. 
 
CONDENSED BALANCE SHEET
 
(Dollar amounts in thousands)
 
December 31,
 
   
2016
   
2015
 
ASSETS
               
Cash and due from banks
  $
2,543
    $
1,329
 
Investment securities available for sale
   
1,139
     
814
 
Investment in nonbank subsidiary
   
2,360
     
2,418
 
Investment in subsidiary bank
   
76,365
     
73,061
 
Other assets
   
2,837
     
2,475
 
                 
TOTAL ASSETS
  $
85,244
    $
80,097
 
                 
LIABILITIES
               
Trust preferred securities
  $
8,248
    $
8,248
 
Short-term borrowings
   
-
     
9,499
 
Other liabilities
   
36
     
43
 
TOTAL LIABILITIES
   
8,284
     
17,790
 
                 
STOCKHOLDERS' EQUITY
   
76,960
     
62,307
 
                 
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
  $
85,244
    $
80,097
 
 
 
CONDENSED STATEMENT OF COMPREHENSIVE INCOME
 
   
Year Ended December 31,
 
(Dollar amounts in thousands)
 
2016
   
2015
   
2014
 
                         
INCOME
                       
Dividends from subsidiary bank
  $
3,400
    $
4,023
    $
3,142
 
Other
   
24
     
19
     
8
 
Total income
   
3,424
     
4,042
     
3,150
 
                         
EXPENSES
                       
Interest expense
   
366
     
290
     
304
 
Other
   
1,856
     
860
     
816
 
Total expenses
   
2,222
     
1,150
     
1,120
 
                         
Income before income tax benefit
   
1,202
     
2,892
     
2,030
 
                         
Income tax benefit
   
(561
)    
(386
)    
(378
)
                         
Income before equity in undistributed
net income of subsidiaries
   
1,763
     
3,278
     
2,408
 
                         
Equity in undistributed net income
of subsidiaries
   
4,653
     
3,587
     
4,772
 
                         
NET INCOME
  $
6,416
    $
6,865
    $
7,180
 
                         
Comprehensive Income
  $
5,222
    $
6,712
    $
11,965
 
 
 
 
CONDENSED STATEMENT OF CASH FLOWS
 
   
Year Ended December 31,
 
(Dollar amounts in thousands)
 
2016
   
2015
   
2014
 
                         
OPERATING ACTIVITIES
                       
Net income
  $
6,416
    $
6,865
    $
7,180
 
Adjustments to reconcile net income to
net cash provided by operating activities:
                       
Equity in undistributed net
income of Middlefield Banking Company
   
(4,710
)    
(3,703
)    
(4,798
)
Equity in undistributed net
loss of EMORECO
   
57
     
116
     
26
 
Stock-based compensation expense
   
29
     
18
     
10
 
Other
   
(484
)    
(503
)    
(409
)
Net cash provided by operating activities
   
1,308
     
2,793
     
2,009
 
                         
                         
FINANCING ACTIVITIES
                       
Net (decrease) increase in short-term borrowings
   
(9,499
)    
6,363
     
(759
)
Purchase of treasury stock
   
-
     
(6,784
)    
-
 
Common stock issued
   
11,210
     
-
     
-
 
Stock options exercised
   
(6
)    
(7
)    
(50
)
Proceeds from dividend reinvestment plan
   
519
     
651
     
590
 
Cash dividends
   
(2,318
)    
(2,153
)    
(2,121
)
Net cash used for financing activities
   
(94
)    
(1,930
)    
(2,340
)
                         
Increase (decrease) in cash
   
1,214
     
863
     
(331
)
                         
CASH AT BEGINNING OF YEAR
   
1,329
     
466
     
797
 
                         
CASH AT END OF YEAR
  $
2,543
    $
1,329
    $
466