Parent Company Only Financial Information (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheets

CONDENSED BALANCE SHEETS	December 31,
	2017		2016
Assets
Cash	$	1,556	$	1,436
Trading securities		580		529
Investment in bank subsidiary		290,156		257,476
Investment in non-bank subsidiaries		21,781		23,324
Deferreds and Current Receivable		2,055		1,066
Other assets		2,059		2,666
Total assets	$	318,187	$	286,497
Liabilities
Borrowings from subsidiary	$	1,400	$	1,400
Subordinated debentures		70,620		70,620
Other liabilities		2,257		2,693
Total liabilities		74,277		74,713
Total shareholders’ equity		243,910		201,913
Total liabilities and shareholders’ equity	$	318,187	$	286,497

Condensed Statements of Income

CONDENSED STATEMENTS OF INCOME	Year Ended December 31,
Income:		2017			2016			2015
Dividends from:
Bank subsidiary	$	8,840		$	8,700		$	10,404
Non-bank subsidiaries		2,250			1,200			323
Other		220			230			157
Total income		11,310			10,130			10,884
Expenses		(4,957	)		(2,611	)		(1,708	)
Income before income taxes and equity in undistributed net income of subsidiaries:		6,353			7,519			9,176
Income tax benefit		1,614			813			547
Equity in undistributed net income of bank subsidiary		17,430			13,184			11,889
Distributions in excess of net income of non-bank subsidiaries		(1,537	)		(976	)		585
Net income	$	23,860		$	20,540		$	22,197

Condensed Statements of Cash Flows

CONDENSED STATEMENTS OF CASH FLOWS	Year Ended December 31,
	2017			2016			2015
Net income
Adjustments to reconcile net income to net cash provided by	$	23,860		$	20,540		$	22,197
operating activities:
Equity in undistributed net income of bank subsidiary		(17,430	)		(13,184	)		(11,889	)
Equity in undistributed net income (distributions in excess of net income) of non-bank subsidiaries		1,537			976			(585	)
Net unrealized gains on trading securities		(12	)		(58	)		(11	)
Decrease (increase) in other assets		(549	)		(1,277	)		9
(Decrease) increase in other liabilities		791			1,645			663
Net cash provided by operating activities		8,197			8,642			10,384
Cash flows from investing activities
Investment in bank subsidiaries		(15,400	)		(49,223	)		0
Net cash used in investing activities		(15,400	)		(49,223	)		0
Cash flows from financing activities:
Dividends paid		(10,094	)		(9,546	)		(9,515	)
Proceeds from issuance of long term debt		0			50,000			0
Purchase of treasury stock		(1,877	)		(44	)		(868	)
Net proceeds from issuance of common stock		19,294			0			0
Net advance from subsidiary		0			50			0
Net cash provided by (used in) financing activities		7,323			40,460			(10,383	)
Net increase (decrease) in cash		120			(121	)		1
Cash beginning of year		1,436			1,557			1,556
Cash end of year	$	1,556		$	1,436		$	1,557