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Parent Company Statements (Tables)
12 Months Ended
Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]
Condensed parent company financial statements, which include transactions with subsidiaries, follow:
 
 
December 31
 
Statements of Financial Condition
 
2013
 
2012
 
 
 
(In Thousands)
 
Assets
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
8,228
 
$
8,884
 
Available for Sale Securities
 
 
-
 
 
1,002
 
Investment in banking subsidiary
 
 
285,813
 
 
270,444
 
Investment in non-bank subsidiaries
 
 
13,518
 
 
13,034
 
Other assets
 
 
1,774
 
 
1,766
 
Total assets
 
$
309,333
 
$
295,130
 
 
 
 
 
 
 
 
 
Liabilities and stockholders’ equity:
 
 
 
 
 
 
 
Subordinated debentures
 
$
36,083
 
$
36,083
 
Accrued liabilities
 
 
1,103
 
 
919
 
Stockholders’ equity
 
 
272,147
 
 
258,128
 
Total liabilities and stockholders’ equity
 
$
309,333
 
$
295,130
Condensed Income Statement [Table Text Block]
 
 
Years Ended December 31
 
Statements of Income
 
2013
 
2012
 
2011
 
 
 
(In Thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Dividends from subsidiaries
 
$
4,500
 
$
37,300
 
$
-
 
Interest on investments
 
 
18
 
 
12
 
 
8
 
Interest expense
 
 
(601)
 
 
(971)
 
 
(1,278)
 
Other income
 
 
1
 
 
-
 
 
1
 
Noninterest expense
 
 
(853)
 
 
(1,013)
 
 
(690)
 
Income (loss) before income taxes and equity in
    earnings of subsidiaries
 
 
3,065
 
 
35,328
 
 
(1,959)
 
Income tax credit
 
 
(415)
 
 
(669)
 
 
(665)
 
Income (loss) before equity in earnings of subsidiaries
 
 
3,480
 
 
35,997
 
 
(1,294)
 
Undistributed equity in (distributions in excess of)
    earnings of subsidiaries
 
 
18,755
 
 
(17,333)
 
 
16,828
 
Net income
 
$
22,235
 
$
18,664
 
$
15,534
 
Comprehensive income
 
$
18,506
 
$
18,941
 
$
19,873
 
Condensed Cash Flow Statement [Table Text Block]
 
 
Years Ended December 31
 
Statements of Cash Flows
 
2013
 
2012
 
2011
 
 
 
(In Thousands)
 
Operating activities:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
22,235
 
$
18,664
 
$
15,534
 
Adjustments to reconcile net income to
    net cash (used in) provided by
    operating activities:
 
 
 
 
 
 
 
 
 
 
Distribution in excess of (undistributed
    equity in) earnings of subsidiaries
 
 
(18,755)
 
 
17,333
 
 
(16,828)
 
Change in other assets and liabilities
 
 
176
 
 
97
 
 
109
 
Net cash provided by (used in) operating activities
 
 
3,656
 
 
36,094
 
 
(1,185)
 
 
 
 
 
 
 
 
 
 
 
 
Investing activities:
 
 
 
 
 
 
 
 
 
 
Investment in non-bank subsidiary
 
 
-
 
 
(250)
 
 
(4,785)
 
Purchase of available-for-sale securities
 
 
-
 
 
-
 
 
(2,000)
 
Sale of available-for-sale securities
 
 
1,002
 
 
1,000
 
 
-
 
Net cash (used in) provided by investing activities
 
 
1,002
 
 
750
 
 
(6,785)
 
 
 
 
 
 
 
 
 
 
 
 
Financing activities:
 
 
 
 
 
 
 
 
 
 
Repurchase of common stock
 
 
(1,821)
 
 
-
 
 
-
 
Cash dividends paid
 
 
(3,907)
 
 
(3,086)
 
 
(2,331)
 
Stock Options Exercised
 
 
350
 
 
4
 
 
11
 
Treasury stock sales
 
 
64
 
 
14
 
 
29
 
Proceeds from issuance of common stock
 
 
-
 
 
-
 
 
19,859
 
Preferred Stock payoff
 
 
-
 
 
(36,358)
 
 
-
 
Net cash used in financing activities
 
 
(5,314)
 
 
(39,426)
 
 
17,568
 
 
 
 
 
 
 
 
 
 
 
 
Net increase (decrease) in cash and cash equivalents
 
 
(656)
 
 
(2,582)
 
 
9,598
 
Cash and cash equivalents at beginning of year
 
 
8,884
 
 
11,466
 
 
1,868
 
Cash and cash equivalents at end of year
 
$
8,228
 
$
8,884
 
$
11,466