National Commerce Corporation (Parent Company Only) Financial Information (Tables)
 12 Months Ended
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Balance Sheets

Balance Sheets

December 31, 2014 and 2013

 

     2014     2013  
Assets     

Cash and due from banks

    $ 829        805   

Investment in subsidiaries

      133,909        87,609   

Other assets

      1,557        535   
  

 

 

    

 

 

  

Total assets

 $ 136,295      88,949   
  

 

 

    

 

 

  
Liabilities and Shareholders’ Equity

Other liabilities

 $ 134      10   
  

 

 

    

 

 

  

Total liabilities

   134      10   
  

 

 

    

 

 

  

Commitments

Shareholders’ equity:

Common stock

   75      5,730   

Additional paid-in capital

   131,455      91,774   

Accumulated deficit

   (3,453 )    (8,856 ) 

Accumulated other comprehensive income

   845      291   
  

 

 

    

 

 

  

Total shareholders’ equity attributable to NCC

   128,922      88,939   

Noncontrolling interest

   7,239      —     
  

 

 

    

 

 

  

Total shareholders’ equity

   136,161      88,939   
  

 

 

    

 

 

  

Total liabilities and shareholders’ equity

 $ 136,295      88,949   
  

 

 

    

 

 

  
Statements of Earnings

Statements of Earnings

For the Years Ended December 31, 2014, 2013 and 2012

 

     2014     2013     2012  

Income

    $ —          —          —     

Other expense

      458        123        97   
  

 

 

    

 

 

    

 

 

  

Total expenses

   458      123      97   
  

 

 

    

 

 

    

 

 

  

Loss before equity in undistributed earnings of subsidiaries

   (458 )    (123 )    (97 ) 

Equity in undistributed earnings of subsidiaries

   5,764      4,079      2,117   

Income tax benefit

   97      50      37   
  

 

 

    

 

 

    

 

 

  

Net earnings

 $ 5,403      4,006      2,057   
  

 

 

    

 

 

    

 

 

  
Statements of Cash Flows

Statements of Cash Flows

For the Years Ended December 31, 2014, 2013 and 2012

 

     2014     2013     2012  

Cash flows from operating activities:

       

Net earnings

    $ 5,403        4,006        2,057   

Adjustments to reconcile net earnings to net cash used by operating activities

       

Equity in undistributed earnings of subsidiaries

      (5,764 )      (4,079 )      (2,117 ) 

Depreciation

      1        —          —     

Deferred income tax expense (benefit)

      162        (81 )      (37 ) 

Change in other assets

      (285 )      —          —     

Change in other liabilities

      121        10        (25 ) 
  

 

 

    

 

 

    

 

 

  

Net cash used by operating activities

   (362 )    (144 )    (122 ) 
  

 

 

    

 

 

    

 

 

  

Cash flows from investing activities

Cash paid in acquisition

   (3,201 )    —        —     
  

 

 

    

 

 

    

 

 

  

Net cash used by financing activities

   (3,201 )    —        —     
  

 

 

    

 

 

    

 

 

  

Cash flows from financing activities

Proceeds from stock offerings, net of offering expenses of $28

   2,972      —        —     

Proceeds from exercise of stock options and warrants

   615      —        —     
  

 

 

    

 

 

    

 

 

  

Net cash provided by financing activities

   3,587      —        —     
  

 

 

    

 

 

    

 

 

  

Net change in cash

   24      (144 )    (122 ) 
  

 

 

    

 

 

    

 

 

  

Cash at beginning of year

   805      949      1,071   
  

 

 

    

 

 

    

 

 

  

Cash at end of year

 $ 829      805      949