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Condensed Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 99,872,000 $ 52,131,000
Interest-bearing time deposits in banks 6,211,000 10,930,000
Federal funds sold 0 18,000
Available for sale, at fair value 191,511,000 198,585,000
Held to maturity, at amortized cost 1,038,000 0
Other investment securities, at cost 11,687,000 9,563,000
Loans receivable, net of allowance of $14,751 and $14,550, respectively 1,468,638,000 1,444,102,000
Loans held for sale 15,168,000 7,326,000
Accrued interest receivable 6,166,000 6,157,000
Real estate owned - net 2,190,000 3,642,000
Office properties and equipment – net 56,109,000 63,641,000
Office properties and equipment held for sale 6,701,000
Cash surrender value of life insurance 56,435,000 52,602,000
Goodwill 40,196,000 40,196,000
Core deposit intangible – net 10,863,000 11,374,000
Deferred tax asset, net 13,829,000 16,713,000
Prepaid expenses and other assets 4,101,000 3,236,000
TOTAL 1,990,715,000 1,920,216,000
LIABILITIES:    
Noninterest bearing deposits 255,648,000 234,879,000
Interest bearing deposits 1,385,602,000 1,372,804,000
Total deposits 1,641,250,000 1,607,683,000
Short term borrowings 14,964,000 12,075,000
Other borrowings 98,182,000 72,380,000
Other liabilities 7,785,000 4,921,000
Total liabilities 1,762,181,000 1,697,059,000
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value—5,000,000 shares authorized; none issued at June 30, 2016 or December 31, 2015 0 0
Common stock, $0.01 par value—100,000,000 shares authorized; 37,589,543 and 37,987,722 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 376,000 380,000
Additional paid-in capital 208,829,000 211,817,000
Accumulated other comprehensive income 1,809,000 386,000
Retained earnings 17,520,000 10,574,000
Total stockholders’ equity 228,534,000 223,157,000
TOTAL $ 1,990,715,000 $ 1,920,216,000