Annual report pursuant to Section 13 and 15(d)

Parent Company Only Statements (Details 2)

v2.4.0.8
Parent Company Only Statements (Details 2) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net income $ 7,118 $ 6,853
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred tax expense/(benefit) 509 152
Stock based compensation expense 40 16
Change in other assets 760 1,559
Total adjustments 60 1,675
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (2,328) (1,928)
Treasury stock purchased (173) (78)
Proceeds from sale of treasury stock 30 141
Net change in cash (12,627) 7,384
Cash and cash equivalents at beginning of period 33,751 26,367
Cash and cash equivalents at end of period 21,124 33,751
Parent Company [Member]
   
Cash flows from operating activities:    
Net income 7,118 6,853
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in undistributed net income of Peoples Bank (4,979) (5,071)
Deferred tax expense/(benefit) 509 152
Stock based compensation expense 40 16
Change in other assets (279) (392)
Change in other liabilities 203 (883)
Total adjustments (4,506) (6,178)
Net cash - operating activities 2,612 675
Cash flows from investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (2,328) (1,928)
Treasury stock purchased (173) (78)
Proceeds from sale of treasury stock 30 141
Net cash - financing activities (2,471) (1,865)
Net change in cash 141 (1,190)
Cash and cash equivalents at beginning of period 1 1,191
Cash and cash equivalents at end of period $ 142 $ 1