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Note 26: Condensed Parent Company Statements: Schedule of Parent Company Condensed Statements of Income (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Parent Company Condensed Statements of Income

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

(In Thousands)

 

 

 

 

 

Statements of Income

 

 

 

 

 

  Income

 

 

 

 

 

    Dividends from subsidiary bank

$12,000

 

$12,000

 

$12,000

    Interest and dividend income

33

 

27

 

16

    Net realized gains on sales of

 

 

 

 

 

      available-for-sale securities

280

 

--

 

15

    Other income (loss)

(19)

 

--

 

(11)

 

 

 

 

 

 

Total income

12,294

 

12,027

 

12,020

 

 

 

 

 

 

  Expense

 

 

 

 

 

    Operating expenses

1,297

 

1,196

 

1,121

    Interest expense

617

 

569

 

578

 

 

 

 

 

 

Total expense

1,914

 

1,765

 

1,699

 

 

 

 

 

 

  Income before income tax and

 

 

 

 

 

    equity in undistributed earnings

 

 

 

 

 

    of subsidiaries

10,380

 

10,262

 

10,321

    Credit for income taxes

(401)

 

(510)

 

(502)

 

 

 

 

 

 

  Income before equity in earnings

 

 

 

 

 

    of subsidiaries

10,781

 

10,772

 

10,823

 

 

 

 

 

 

  Equity in undistributed earnings of

 

 

 

 

 

    subsidiaries

37,925

 

19,497

 

13,042

 

 

 

 

 

 

  Net income

$48,706

 

$30,269

 

$23,865