text: Our subsidiary banks paid aggregate dividends of approximately $26.6 million in 2002 and approximately $25.5 
  million in 2001. Under the dividend restrictions discussed above, as of December 31, 2002, our subsidiary banks, 
  without obtaining governmental approvals, could have declared in the aggregate additional dividends of 
  approximately $20.7 million from retained net profits. 
  
  To pay dividends, we and our subsidiary banks must maintain adequate capital above regulatory guidelines. In 
  addition, if the applicable regulatory authority believes that a bank under its jurisdiction is engaged in or is about to 
  engage in an unsafe or unsound practice (which, depending on the financial condition of the bank, could include the 
  payment of dividends), the authority may require, after notice and hearing, that such bank cease and desist from the 
  unsafe practice. The Federal Reserve Board and the OCC have each indicated that paying dividends that deplete a 
  bank’s capital base to an inadequate level would be an unsafe and unsound banking practice. The Federal Reserve 
  Board, the OCC and the FDIC have issued policy statements that recommend that bank holding companies and 
  insured banks should generally only pay dividends to the extent that net income is sufficient to cover both cash 
  dividends and rate of earnings retention consistent with capital needs, asset quality and overall financial condition. 
  No undercapitalized institution may pay a dividend. 