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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 30,377 $ 13,795
Federal funds sold 1,675 649
Securities available for sale, at fair value 50,686 54,603
Restricted equity securities, at cost 2,694 2,476
Loans held for sale 394 242
Loans, net of allowance for loan losses of $3,313 in 2015 and $3,332 in 2014 356,847 328,347
Property and equipment, net 14,658 14,900
Other real estate owned, net of valuation allowance of $562 in 2015 and $422 in 2014 6,708 6,986
Bank owned life insurance 6,242 3,622
Accrued income 1,873 1,924
Other assets 819 665
Total assets 472,973 428,209
Deposits:    
Noninterest-bearing 81,450 51,226
Interest-bearing 318,777 311,369
Total deposits 400,227 362,595
Federal Home Loan Bank borrowings 24,900 20,000
Other borrowings 861 422
Accrued interest payable 439 272
Other liabilities 1,009 1,695
Total liabilities $ 427,436 $ 384,984
Commitments and contingencies
Stockholders’ equity:    
Common stock, $5 par value; authorized 10,000,000 shares, issued and outstanding 3,296,237 (includes 35,549 restricted shares) at September 30, 2015 and 3,287,567 (includes 37,727 restricted shares) at December 31, 2014 $ 16,481 $ 16,438
Surplus 15,369 15,310
Retained deficit (407) (2,271)
Accumulated other comprehensive income 434 455
Total HomeTown Bankshares Corporation stockholders’ equity 45,170 43,225
Non-controlling interest in consolidated subsidiary 367  
Total stockholders’ equity 45,537 43,225
Total liabilities and stockholders’ equity 472,973 428,209
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock, no par value; Series C 20,000 shares authorized, 14,000 issued and outstanding at September 30, 2015 and at December 31, 2014 $ 13,293 $ 13,293