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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 20,613 $ 9,997
Interest bearing deposits with financial institutions 112,966 167,138
Cash and cash equivalents 133,579 177,135
Interest-bearing time deposits with financial institutions 4,668 4,668
Federal Reserve Bank of San Francisco and Federal Home Loan Bank Stock, at cost 8,170 8,137
Securities available for sale, at fair value 56,396 60,926
Loans (net of allowances of $12,343 and $13,833, respectively) 821,273 824,197
Other real estate owned 1,872 1,592
Accrued interest receivable 2,105 2,436
Premises and equipment, net 1,160 1,092
Net deferred tax assets 6,031 5,933
Other assets 11,607 13,494
Total assets 1,046,861 1,099,610
Deposits:    
Noninterest-bearing 236,361 237,491
Interest-bearing 635,589 678,818
Total deposits 871,950 916,309
Borrowings 30,000 39,500
Accrued interest payable 183 222
Other liabilities 6,104 6,771
Junior subordinated debentures 17,527 17,527
Total liabilities $ 925,764 $ 980,329
Commitments and contingencies    
Preferred stock, no par value, 2,000,000 shares authorized:    
Common stock, no par value, 85,000,000 shares authorized; 19,780,086 and 19,462,561 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively $ 133,082 $ 131,181
Accumulated deficit (23,424) (22,885)
Accumulated other comprehensive loss (831) (692)
Total shareholders’ equity 121,097 119,281
Total liabilities and shareholders’ equity 1,046,861 1,099,610
Series B Convertible 8.4% Noncumulative Preferred Stock [Member]    
Preferred stock, no par value, 2,000,000 shares authorized:    
Preferred Stock 8,747 8,747
Series C Convertible 8.4% Noncumulative Preferred Stock [Member]    
Preferred stock, no par value, 2,000,000 shares authorized:    
Preferred Stock $ 3,523 $ 2,930