XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and due from banks $ 35,311,000 $ 28,077,000
Securities available for sale, at fair value 399,679,000 384,957,000
Securities held to maturity (fair value of $53,458 and $40,217 at March 31, 2014 and December 31, 2013) 54,021,000 41,738,000
Bank stocks, at cost 17,147,000 15,605,000
Total investments 470,847,000 442,300,000
Loans held for sale   507,000
Loans, held for investment, net of unearned loan fees 1,362,312,000 1,319,917,000
Less allowance for loan losses (21,550,000) (21,005,000)
Net loans, held for investment 1,340,762,000 1,298,912,000
Premises and equipment, net 47,538,000 48,080,000
Other real estate owned and foreclosed assets 4,419,000 4,493,000
Other intangible assets, net 5,939,000 6,530,000
Securities sold or called, not yet settled   21,917,000
Bank owned life insurance 31,652,000 31,410,000
Other assets 24,924,000 28,806,000
Total assets 1,961,392,000 1,911,032,000
Deposits:    
Noninterest-bearing demand 573,653,000 564,326,000
Interest-bearing demand and NOW 327,395,000 346,449,000
Money market 332,869,000 326,008,000
Savings 119,416,000 111,568,000
Time 179,677,000 180,106,000
Total deposits 1,533,010,000 1,528,457,000
Securities sold under agreements to repurchase and federal funds purchased 27,045,000 24,284,000
FHLB outstanding borrowings 110,000,000 110,000,000
Federal Home Loan Bank line of credit borrowing 63,017,000 20,000,000
Subordinated debentures 25,774,000 25,774,000
Securities purchased, not yet settled   3,839,000
Interest payable and other liabilities 7,517,000 9,284,000
Total liabilities 1,766,363,000 1,721,638,000
Stockholders' equity:    
Common stock 24,000 [1] 24,000 [1]
Additional paid-in capital - common stock 706,949,000 706,490,000
Accumulated deficit (402,998,000) (405,494,000)
Accumulated other comprehensive income (loss) (6,111,000) (8,954,000)
Treasury stock, at cost, 2,227,818 and 2,215,457 shares, respectively (102,835,000) (102,672,000)
Total stockholders' equity 195,029,000 189,394,000
Total liabilities and stockholders' equity $ 1,961,392,000 $ 1,911,032,000
[1] Common stock—$0.001 par value; 30,000,000 shares authorized; 23,923,925 shares issued and 21,696,107 shares outstanding at March 31, 2014 (includes 745,406 shares of unvested restricted stock); 23,519,164 shares issued and 21,303,707 shares outstanding at December 31, 2013 (includes 386,525 shares of unvested restricted stock).