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Note 21 - HMN Financial, Inc. Financial Information (Parent Company Only) (Tables)
12 Months Ended
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Statements [Table Text Block]

(Dollars in thousands)

 

2014

   

2013

   

2012

 

Condensed Balance Sheets

                       

Assets:

                       

Cash and cash equivalents

  $ 557       141          

Investment in subsidiaries

    73,733       88,332          

Loans receivable, net

    900       1,000          

Prepaid expenses and other assets

    10       79          

Deferred tax asset, net

    1,022       931          

Total assets

  $ 76,222       90,483          

Liabilities and Stockholders' Equity:

                       

Accrued expenses and other liabilities

  $ 209       4,808          

Total liabilities

    209       4,808          

Serial preferred stock

    10,000       26,000          

Common stock

    91       91          

Additional paid-in capital

    50,207       51,175          

Retained earnings

    77,805       72,211          

Net unrealized losses on securities available for sale

    (418 )     (674 )        

Unearned employee stock ownership plan shares

    (2,610 )     (2,804 )        

Treasury stock, at cost, 4,658,323 and 4,704,313 shares

    (59,062 )     (60,324 )        

Total stockholders' equity

    76,013       85,675          

Total liabilities and stockholders' equity

  $ 76,222       90,483          

Condensed Statements of Income

                       

Interest income

  $ 1       1       3  

Equity income of subsidiaries

    7,644       26,792       6,220  

Compensation and benefits

    (233 )     (235 )     (227 )

Occupancy

    (24 )     (24 )     (24 )

Data processing

    (6 )     (6 )     (6 )

Other

    (539 )     (498 )     (513 )

Income before income tax expense

    6,843       26,030       5,453  

Income tax (benefit) expense

    (536 )     (640 )     132  

Net income

  $ 7,379       26,670       5,321  

Condensed Statements of Cash Flows

                       

Cash flows from operating activities:

                       

Net income

  $ 7,379       26,670       5,321  

Adjustments to reconcile net income to cash used by operating activities:

                       

Equity income of subsidiaries

    (7,644 )     (26,792 )     (6,220 )

Deferred income tax benefit

    (92 )     (931 )     0  

Earned employee stock ownership shares priced below original cost

    53       (21 )     (162 )

Stock option compensation

    1       4       7  

Cancellation of restricted stock awards

    0       (119 )     0  

Amortization of restricted stock awards

    240       202       233  

Decrease in unearned ESOP shares

    194       193       194  

(Decrease) increase in accrued expenses and other liabilities

    (420 )     47       65  

Decrease (increase) in other assets

    69       (65 )     22  

Other, net

    0       (1 )     0  

Net cash used by operating activities

    (220 )     (813 )     (540 )

Cash flows from investing activities:

                       

Decrease (increase) in loans receivable, net

    100       (200 )     600  

Net cash provided (used) by investing activities

    100       (200 )     600  

Cash flows from financing activities:

                       

Redemption of preferred stock

    (16,000 )     0       0  

Dividends to preferred stockholders

    (5,964 )     0       0  

Dividends received from Bank

    22,500       1,000       0  

Net cash provided by financing activities

    536       1,000       0  

Increase (decrease) in cash and cash equivalents

    416       (13 )     60  

Cash and cash equivalents, beginning of year

    141       154       94  

Cash and cash equivalents, end of year

  $ 557       141       154