Condensed Financial Information (Parent Company Only) (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
|
| Schedule Of Condensed Balance Sheet Of Parent Company Only |
Condensed Balance Sheets | | | | | | | | | | | | Year Ended December 31, | | | 2015 | | 2014 | Assets | | |
| | |
| Cash and cash equivalents | | $ | 6,860 |
| | $ | 10,056 |
| Investment in common stock of subsidiaries | | 107,925 |
| | 87,929 |
| Premises and equipment, net | | 5,793 |
| | 4,542 |
| Accrued income and other assets | | 750 |
| | 1,678 |
| Total assets | | $ | 121,328 |
| | $ | 104,205 |
| | | | | | Liabilities and Shareholders’ Equity | | |
| | |
| Subordinated debt, net of unamortized discounts and debt issuance costs of $276 and $127 in 2015 and 2014, respectively | | $ | 12,724 |
| | $ | 2,873 |
| Note payable to the Bank | | 4,000 |
| | 4,000 |
| Accrued expenses and other liabilities | | 274 |
| | 547 |
| Total liabilities | | 16,998 |
| | 7,420 |
| | | | | | Shareholders’ equity | | 104,330 |
| | 96,785 |
| | | | | | Total liabilities and shareholders’ equity | | $ | 121,328 |
| | $ | 104,205 |
|
|
| Schedule Of Condensed Income Statement Of Parent Company Only |
Condensed Statements of Income | | | | | | | | | | | | | | | | Year Ended December 31, | | | 2015 | | 2014 | | 2013 | Income | | | | | | | Dividends from subsidiaries | | $ | — |
| | $ | — |
| | $ | 500 |
| Total income | | — |
| | — |
| | 500 |
| | | | | | | | Expenses | | |
| | |
| | |
| Interest on borrowings | | 643 |
| | 498 |
| | 307 |
| Salaries and employee benefits | | 425 |
| | 298 |
| | 320 |
| Consulting and professional fees | | 930 |
| | 777 |
| | 859 |
| Premises and equipment | | 200 |
| | 239 |
| | 87 |
| Other | | 174 |
| | 206 |
| | 231 |
| Total expenses | | 2,372 |
| | 2,018 |
| | 1,804 |
| | | | | | | | Loss Before Income Tax and Equity in Undistributed Net Income of Subsidiaries | | (2,372 | ) | | (2,018 | ) | | (1,304 | ) | | | | | | | | Income Tax Benefit | | (813 | ) | | (756 | ) | | (596 | ) | | | | | | | | Loss Before Equity in Undistributed Net Income of Subsidiaries | | (1,559 | ) | | (1,262 | ) | | (708 | ) | | | | | | | | Equity in Undistributed Net Income of Subsidiaries | | 10,488 |
| | 5,586 |
| | 5,301 |
| | | | | | | | Net Income | | $ | 8,929 |
| | $ | 4,324 |
| | $ | 4,593 |
|
|
| Comprehensive Income (Loss) |
Condensed Statements of Comprehensive Income | | | | | | | | | | | | | | | | Year Ended December 31, | | | 2015 | | 2014 | | 2013 | Net income | | $ | 8,929 |
| | $ | 4,324 |
| | $ | 4,593 |
| Other comprehensive income (loss) | | |
| | |
| | |
| Net unrealized holding gains (losses) on securities available for sale | | (1,669 | ) | | 3,260 |
| | (6,462 | ) | Reclassification adjustment for (gains) losses realized | | — |
| | (538 | ) | | 63 |
| Net unrealized holding gains (losses) on securities available for sale for which an other-than-temporary impairment has been recognized in income | | — |
| | 751 |
| | (129 | ) | Reclassification adjustment for other-than-temporary impairment loss recognized in income | | — |
| | — |
| | 49 |
| Other comprehensive income (loss) before tax | | (1,669 | ) | | 3,473 |
| | (6,479 | ) | Income tax provision (benefit) | | (595 | ) | | 1,236 |
| | (2,289 | ) | Other comprehensive income (loss) - net of tax | | (1,074 | ) | | 2,237 |
| | (4,190 | ) | Comprehensive income | | $ | 7,855 |
| | $ | 6,561 |
| | $ | 403 |
|
|
| Schedule Of Condensed Cash Flow Statement Of Parent Company Only |
Condensed Statements of Cash Flows | | | | | | | | | | | | | | | | Year Ended December 31, | | | 2015 | | 2014 | | 2013 | Operating Activities | | |
| | |
| | |
| Net income | | $ | 8,929 |
| | $ | 4,324 |
| | $ | 4,593 |
| Adjustments to reconcile net income to net cash provided by operating activities: | | | | | | | Equity in undistributed net income of subsidiaries | | (10,488 | ) | | (5,586 | ) | | (5,301 | ) | Depreciation and amortization | | 246 |
| | 226 |
| | 161 |
| Share-based compensation expense | | 150 |
| | 120 |
| | 127 |
| Net change in: | | | | | | | Accrued income and other assets | | 958 |
| | (641 | ) | | (433 | ) | Accrued expenses and other liabilities | | (275 | ) | | (19 | ) | | 44 |
| Net cash used in operating activities | | (480 | ) | | (1,576 | ) | | (809 | ) | | | | | | | | Investing Activities | | | | | | | Capital contribution to the Bank | | (10,000 | ) | | (5,000 | ) | | (13,000 | ) | Purchase of premises and equipment | | (1,407 | ) | | (160 | ) | | (4,641 | ) | Net cash used in investing activities | | (11,407 | ) | | (5,160 | ) | | (17,641 | ) | | | | | | | | Financing Activities | | |
| | |
| | |
| Cash dividends paid | | (1,093 | ) | | (1,080 | ) | | (450 | ) | Net proceeds from issuance of subordinated debt and related warrants | | 9,761 |
| | — |
| | 3,000 |
| Proceeds from loan from the Bank | | — |
| | — |
| | 4,000 |
| Net proceeds from common stock issuance | | — |
| | — |
| | 29,101 |
| Other, net | | 23 |
| | (111 | ) | | — |
| Net cash provided by (used in) financing activities | | 8,691 |
| | (1,191 | ) | | 35,651 |
| | | | | | | | Net (Decrease) Increase in Cash and Cash Equivalents | | (3,196 | ) | | (7,927 | ) | | 17,201 |
| | | | | | | | Cash and Cash Equivalents at Beginning of Year | | 10,056 |
| | 17,983 |
| | 782 |
| | | | | | | | Cash and Cash Equivalents at End of Year | | $ | 6,860 |
| | $ | 10,056 |
| | $ | 17,983 |
|
|