Parent Company Only Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2012

Condensed Statement of Financial Condition


(dollars in thousands)	December 31, 2012
Assets:
Interest bearing balances with affiliate	$	1,066
Equity investment in affiliate		66,683
Other assets		14

Total assets	$	67,763

Liabilities and Stockholders’ Equity:
Liabilities:
Other liabilities	$	21
Shareholders’ equity		67,742

Total liabilities and stockholders’ equity	$	67,763

Condensed Statement of Operations


(dollars in thousands)	December 31, 2012
Income:
Affiliate interest income	$	1

Total income		1

Expense:
Intercompany salaries and services		107
Reorganziation expense		802
Other expenses		32

Total expense		941

Income before income taxes		(940	)

Provision for income taxes		—
Income before equity in undistributed affiliate earnings		(940	)

Equity in undistributed affiliate earnings		1,100

Net income	$	160

Condensed Statement of Cash Flows


(dollars in thousands)	December 31, 2012
Cash Flows From Operating Activities
Net income	$	160
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed affiliate earnings		(1,100	)
Net change in other assets		(14	)
Net change in other liabilities		20

Net cash used in operating activities		(934	)

Cash Flows From Financing Activities
Net proceeds from private placement sale of stock		2,000

Net cash provided by financing activities		2,000

Net increase in cash and cash equivalents		1,066
Cash and cash equivalents:
Beginning of period		—

End of period	$	1,066

TGR Financial, Inc. 10-K