XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 11,546 $ 10,645
Interest bearing deposits with financial institutions 119,986 103,276
Cash and cash equivalents 131,532 113,921
Interest-bearing time deposits with financial institutions 3,917 4,665
Federal Reserve Bank of San Francisco and Federal Home Loan Bank Stock, at cost 8,170 8,170
Securities available for sale, at fair value 49,263 52,249
Loans (net of allowances of $13,429 and $12,716, respectively) 872,198 849,733
Other real estate owned 0 650
Accrued interest receivable 2,377 2,266
Premises and equipment, net 1,084 1,142
Net deferred tax assets 20,507 17,576
Other assets 11,867 12,017
Total assets 1,100,915 1,062,389
Deposits:    
Noninterest-bearing 294,153 249,676
Interest-bearing 642,516 644,164
Total deposits 936,669 893,840
Borrowings 10,000 10,000
Accrued interest payable 180 255
Other liabilities 5,517 6,851
Junior subordinated debentures 17,527 17,527
Total liabilities 969,893 928,473
Commitments and contingencies
Shareholders’ equity:    
Common stock, no par value, 85,000,000 shares authorized; 22,984,453 and 22,820,332 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 148,104 147,202
Accumulated deficit (16,902) (12,476)
Accumulated other comprehensive loss (180) (810)
Total shareholders’ equity 131,022 133,916
Total liabilities and shareholders’ equity $ 1,100,915 $ 1,062,389