XML 136 R118.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Financial Information of the Parent Company Only (Details 2) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 8,599 $ 7,654 $ 4,974
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 1,810 1,758 1,605
Stock based compensation expense 10 20 19
Other, net (252) 2,355 (444)
Net cash (used) provided by operating activities 13,342 13,554 20,243
Cash flows from investing activities:      
Net cash provided by investing activities (50,230) (17,096) (9,548)
Cash flows from financing activities:      
Redemption of 18,255 shares of preferred stock 0 0 (18,255)
Cash dividends paid - preferred stock 0 0 (456)
Cash dividends paid - common stock (1,058) (1,017) (978)
Purchase of treasury stock (33) 0 0
Warrant redemption 0 0 (540)
Net cash used in financing activities 22,456 17,912 (41,133)
Net increase (decrease) in cash and due from banks (14,432) 14,370 (30,438)
Cash and cash equivalents, beginning of year 42,809 28,439 58,877
Cash and cash equivalents, end of year 28,377 42,809 28,439
HAWTHORN BANCSHARES, INC.      
Cash flows from operating activities:      
Net income 8,599 7,654 4,974
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 0 0 1
Equity in undistributed (income) losses of subsidiaries (9,926) (7,010) 8,129
Stock based compensation expense 10 20 19
(Increase) decrease in deferred tax asset (127) (1,415) 1,325
Other, net 732 1,942 (182)
Net cash (used) provided by operating activities (712) 1,191 14,266
Cash flows from investing activities:      
Investment in subsidiary 5,750 400 4,550
Net cash provided by investing activities 5,750 400 4,550
Cash flows from financing activities:      
Redemption of 18,255 shares of preferred stock 0 0 (18,255)
Cash dividends paid - preferred stock 0 0 (456)
Cash dividends paid - common stock (1,058) (1,017) (978)
Purchase of treasury stock (33) 0 0
Warrant redemption 0 0 (540)
Net cash used in financing activities (1,091) (1,017) (20,229)
Net increase (decrease) in cash and due from banks 3,947 574 (1,413)
Cash and cash equivalents, beginning of year 1,024 450 1,863
Cash and cash equivalents, end of year $ 4,971 $ 1,024 $ 450