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Retained Earnings
12 Months Ended
Dec. 31, 2011
Retained Earnings Disclosure [Abstract]  
Retained Earnings Disclosure [Text Block]

Note 13. Retained Earnings

Federal and state banking regulations place certain restrictions on dividends paid and loans or advances made by the bank to the company. The approval of the State Banking Commissioner is required if the total of all dividends declared in any calendar year exceeds the bank’s net profits for that year combined with its retained net profits for the preceding two calendar years and loans or advances are limited to 10 percent of the bank’s capital stock and surplus on a secured basis.

At December 31, 2011, none of the bank’s retained earnings were available for the payment of dividends. Accordingly, $24.5 million of the company’s equity in the net assets of the bank was restricted at December 31, 2011. Funds available for loans or advances by the bank to the company amounted to $600 thousand.

In addition, dividends paid by the bank to the company would be prohibited if the effect thereof would cause the bank’s capital to be reduced below applicable minimum capital requirements.