Note 12 - Condensed Financial Statements of Parent Company (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Condensed Balance Sheet [Table Text Block]

Condensed Balance Sheets	December 31,
	2018		2017
Assets
Cash due from subsidiaries	$	44	$	46
Interest-bearing deposits		357		503
Investments in subsidiaries		189,692		184,336
Refundable income taxes		396		168
Other assets		841		820
Total assets	$	191,330	$	185,873
Liabilities and Stockholders’ Equity
Other liabilities	$	1,092	$	977
Stockholders’ equity		190,238		184,896
Total liabilities and stockholders’ equity	$	191,330	$	185,873

Condensed Income Statement [Table Text Block]

Condensed Statements of Income	Years Ended December 31,
	2018		2017		2016
Income
Dividends from subsidiaries	$	9,419	$	8,141	$	9,421
Interest on securities – taxable		---		---		2
Realized securities gains, net		---		4		---
Other income		10		1,018		987
Total income		9,429		9,163		10,410
Expenses
Other expenses		1,244		1,986		1,992
Income before income tax benefit and equity in undistributed net income of subsidiaries		8,185		7,177		8,418
Applicable income tax benefit		308		383		628
Income before equity in undistributed net income of subsidiaries		8,493		7,560		9,046
Equity in undistributed net income of subsidiaries		7,658		6,532		5,896
Net income	$	16,151	$	14,092	$	14,942

Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows	Years ended December 31,
	2018			2017			2016
Cash Flows f rom Operating Expenses
Net income	$	16,151		$	14,092		$	14,942
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed net income of subsidiaries		(7,658	)		(6,532	)		(5,896	)
Amortization of premiums and accretion of discounts, net		---			---			1
Gain on sale of securities		---			(4	)		---
Net change in refundable income taxes due from subsidiaries		(228	)		(146	)		(223	)
Net change in other assets		(109	)		(156	)		219
Net change in other liabilities		115			(40	)		(227	)
Net cash provided by operating activities		8,271			7,214			8,816
Cash Flows from Investing Activities
Net change in interest-bearing deposits		146			807			(1,140	)
Maturities, sales and calls of securities available for sale		---			192			---
Maturities and calls of securities held to maturity		---			---			450
Capital distribution to subsidiary		---			(100	)		---
Net cash provided by (used in) investing activities		146			899			(690	)
Cash Flows from Financing Activities
Cash dividends paid		(8,419	)		(8,141	)		(8,071	)
Net cash used in financing activities		(8,419	)		(8,141	)		(8,071	)
Net change in cash		(2	)		(28	)		55
Cash due from subsidiaries at beginning of year		46			74			19
Cash due from subsidiaries at end of year	$	44		$	46		$	74