Parent Company Only (Tables)

12 Months Ended

Dec. 31, 2014

Parent Company Only [Abstract]

Schedule Of Condensed Balance Sheet

Condensed Balance Sheets	As of December 31,
(dollars in thousands)	2014		2013
Assets:
Cash	$	164	$	2
Investment in subsidiary		71,631		65,716
Securities available-for-sale		594		523
Other assets		36		-
Total	$	72,425	$	66,241
Liabilities and shareholders' equity:
Liabilities	$	206	$	181
Capital stock and retained earnings		69,476		64,821
Accumulated other comprehensive income		2,743		1,239
Total	$	72,425	$	66,241

Schedule Of Condensed Income Statement

Condensed Income Statements	Years ended December 31,
(dollars in thousands)	2014		2013		2012
Income:
Equity in undistributed earnings of subsidiary	$	4,458	$	6,173	$	3,996
Dividends from subsidiary		2,242		1,190		1,131
Other income		22		20		20
Total income		6,722		7,383		5,147
Operating expenses		539		388		347
Income before taxes		6,183		6,995		4,800
Credit for income taxes		169		127		102
Net income	$	6,352	$	7,122	$	4,902

Schedule Of Condensed Comprehensive Income

Statements of Comprehensive Income	Years ended December 31,
(dollars in thousands)	2014		2013		2012
Bancorp net loss	$	(348)	$	(241)	$	(225)
Equity in net income of subsidiary		6,700		7,363		5,127
Net income		6,352		7,122		4,902
Other comprehensive income, before tax:
Unrealized holding gains on available-for-sale securities		71		58		27
Reclassification adjustment for gains realized in income		-		-		-
Net unrealized gains		71		58		27
Tax effect		(24)		(20)		(9)
Unrealized gain, net of tax		47		38		18
Equity in other comprehensive income of subsidiary		1,457		965		1,328
Other comprehensive income, net of tax		1,504		1,003		1,346
Total comprehensive income, net of tax	$	7,856	$	8,125	$	6,248

Schedule Of Condensed Cash Flow Statement

Condensed Statements of Cash Flows	Years ended December 31,
(dollars in thousands)	2014		2013		2012
Cash flows from operating activities:
Net income	$	6,352	$	7,122	$	4,902
Adjustments to reconcile net income to net cash used in operations:
Equity in earnings of subsidiary		(6,700)		(7,363)		(5,127)
Stock-based compensation expense		207		112		15
Changes in other assets and liabilities, net		(35)		62		20
Net cash used in operating activities		(176)		(67)		(190)
Cash flows provided by investing activities:
Dividends received from subsidiary		2,242		1,190		1,131
Net cash provided by investing activities		2,242		1,190		1,131
Cash flows used in financing activities:
Dividends paid, net of dividend reinvestment		(2,088)		(1,596)		(1,493)
Cash contributions from dividend reinvestment plan		104		395		486
Withholdings to purchase capital stock		80		78		67
Net cash used in financing activities		(1,904)		(1,123)		(941)
Net change in cash		162		-		-
Cash, beginning		2		2		2
Cash, ending	$	164	$	2	$	2