Parent Company Only Condensed Financial Statements

12 Months Ended

Dec. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

Condensed Balance Sheets

	December 31,
(in thousands)	2013		2012
Assets
Cash	$	15,969	$	8,080
Investment in Enterprise Bank & Trust	318,721		303,170
Investment in Enterprise Financial CDE, LLC	425		271
Other assets	18,537		19,048
Total assets	$	353,652	$	330,569
Liabilities and Shareholders' Equity
Subordinated debentures	$	62,581	$	82,581
Notes payable	10,500		11,700
Accounts payable and other liabilities	866		543
Shareholders' equity	279,705		235,745
Total liabilities and shareholders' equity	$	353,652	$	330,569

Condensed Statements of Cash Flow

	Years Ended December 31,
(in thousands)	2013			2012			2011
Cash flows from operating activities:
Net income	$	33,104		$	28,296		$	25,423
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Share-based compensation	5,049			2,537			1,466
Net income of subsidiaries	(37,876		)	(33,383		)	(30,428		)
Dividends from subsidiaries	10,000			15,000			—
Excess tax (benefit) expense of share-based compensation	(222		)	(66		)	53
Other, net	2,004			2,064			1,207
Net cash provided by (used in) operating activities	12,059			14,448			(2,279		)
Cash flows from investing activities:
Cash contributions to subsidiaries	—			—			(20,150		)
Purchases of other investments	(761		)	(970		)	(1,114		)
Proceeds from distributions on other investments	243			541			694
Net cash used in investing activities	(518		)	(429		)	(20,570		)
Cash flows from financing activities:
Proceeds from notes payable	—			12,000			—
Repayments of notes payable	(1,200		)	(300		)	—
Debt issuance costs	—			(45		)	—
Cash dividends paid	(3,947		)	(3,757		)	(3,577		)
Excess tax benefit (expense) of share-based compensation	222			66			(53		)
Payments for the repurchase of preferred stock	—			(35,000		)	—
Dividends paid on preferred stock	—			(1,711		)	(1,750		)
Issuance of common stock	13			3			32,612
Common stock repurchased	(1,006		)	—			—
Proceeds from the issuance of equity instruments	2,266			1,558			1,468
Net cash (used in) provided by financing activities	(3,652		)	(27,186		)	28,700
Net (decrease) increase in cash and cash equivalents	7,889			(13,167		)	5,851
Cash and cash equivalents, beginning of year	8,080			21,247			15,396
Cash and cash equivalents, end of year	$	15,969		$	8,080		$	21,247

NOTE 22-PARENT COMPANY ONLY CONDENSED FINANCIAL STATEMENTS

Condensed Balance Sheets

	December 31,
(in thousands)	2013		2012
Assets
Cash	$	15,969	$	8,080
Investment in Enterprise Bank & Trust	318,721		303,170
Investment in Enterprise Financial CDE, LLC	425		271
Other assets	18,537		19,048
Total assets	$	353,652	$	330,569
Liabilities and Shareholders' Equity
Subordinated debentures	$	62,581	$	82,581
Notes payable	10,500		11,700
Accounts payable and other liabilities	866		543
Shareholders' equity	279,705		235,745
Total liabilities and shareholders' equity	$	353,652	$	330,569

Condensed Statements of Operations

	Years ended December 31,
(in thousands)	2013		2012		2011
Income:
Dividends from subsidiaries	$	10,000	$	15,000	$	—
Other	256		527		624
Total income	10,256		15,527		624
Expenses:
Interest expense-subordinated debentures	2,884		3,827		4,262
Interest expense-notes payable	396		64		—
Other expenses	5,142		5,462		3,935
Total expenses	8,422		9,353		8,197
Net income (loss) before taxes and equity in undistributed earnings of subsidiaries	1,834		6,174		(7,573		)
Income tax benefit	3,394		3,739		2,568
Net income (loss) before equity in undistributed earnings of subsidiaries	5,228		9,913		(5,005		)
Equity in undistributed earnings of subsidiaries	27,876		18,383		30,428
Net income and comprehensive income	$	33,104	$	28,296	$	25,423

Condensed Statements of Cash Flow

	Years Ended December 31,
(in thousands)	2013			2012			2011
Cash flows from operating activities:
Net income	$	33,104		$	28,296		$	25,423
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Share-based compensation	5,049			2,537			1,466
Net income of subsidiaries	(37,876		)	(33,383		)	(30,428		)
Dividends from subsidiaries	10,000			15,000			—
Excess tax (benefit) expense of share-based compensation	(222		)	(66		)	53
Other, net	2,004			2,064			1,207
Net cash provided by (used in) operating activities	12,059			14,448			(2,279		)
Cash flows from investing activities:
Cash contributions to subsidiaries	—			—			(20,150		)
Purchases of other investments	(761		)	(970		)	(1,114		)
Proceeds from distributions on other investments	243			541			694
Net cash used in investing activities	(518		)	(429		)	(20,570		)
Cash flows from financing activities:
Proceeds from notes payable	—			12,000			—
Repayments of notes payable	(1,200		)	(300		)	—
Debt issuance costs	—			(45		)	—
Cash dividends paid	(3,947		)	(3,757		)	(3,577		)
Excess tax benefit (expense) of share-based compensation	222			66			(53		)
Payments for the repurchase of preferred stock	—			(35,000		)	—
Dividends paid on preferred stock	—			(1,711		)	(1,750		)
Issuance of common stock	13			3			32,612
Common stock repurchased	(1,006		)	—			—
Proceeds from the issuance of equity instruments	2,266			1,558			1,468
Net cash (used in) provided by financing activities	(3,652		)	(27,186		)	28,700
Net (decrease) increase in cash and cash equivalents	7,889			(13,167		)	5,851
Cash and cash equivalents, beginning of year	8,080			21,247			15,396
Cash and cash equivalents, end of year	$	15,969		$	8,080		$	21,247

Condensed Statements of Operations

	Years ended December 31,
(in thousands)	2013		2012		2011
Income:
Dividends from subsidiaries	$	10,000	$	15,000	$	—
Other	256		527		624
Total income	10,256		15,527		624
Expenses:
Interest expense-subordinated debentures	2,884		3,827		4,262
Interest expense-notes payable	396		64		—
Other expenses	5,142		5,462		3,935
Total expenses	8,422		9,353		8,197
Net income (loss) before taxes and equity in undistributed earnings of subsidiaries	1,834		6,174		(7,573		)
Income tax benefit	3,394		3,739		2,568
Net income (loss) before equity in undistributed earnings of subsidiaries	5,228		9,913		(5,005		)
Equity in undistributed earnings of subsidiaries	27,876		18,383		30,428
Net income and comprehensive income	$	33,104	$	28,296	$	25,423