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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 28,745 $ 13,795
Federal funds sold 1,329 649
Securities available for sale, at fair value 52,544 54,603
Restricted equity securities, at cost 2,535 2,476
Loans held for sale 1,643 242
Loans, net of allowance for loan losses of $3,298 in 2015 and $3,332 in 2014 364,060 328,347
Property and equipment, net 14,008 14,900
Other real estate owned, net of valuation allowance of $420 in 2015 and $422 in 2014 5,237 6,986
Bank owned life insurance 6,285 3,622
Accrued income 2,057 1,924
Other assets 942 665
Total assets 479,385 428,209
Deposits:    
Noninterest-bearing 77,268 51,226
Interest-bearing 322,278 311,369
Total deposits 399,546 362,595
Federal Home Loan Bank borrowings 22,000 20,000
Subordinated notes 7,194  
Other borrowings 2,361 422
Accrued interest payable 372 272
Other liabilities 1,521 1,695
Total liabilities $ 432,994 $ 384,984
Commitments and contingencies
Stockholders’ equity:    
Common stock, $5 par value; authorized 10,000,000 shares, issued and outstanding 3,362,536 (includes 37,848 restricted shares) at December 31, 2015 and 3,287,567 (includes 37,727 restricted shares) at December 31, 2014 $ 16,801 $ 16,438
Surplus 15,484 15,310
Retained earnings (deficit) 443 (2,271)
Accumulated other comprehensive income 396 455
Total HomeTown Bankshares Corporation stockholders’ equity 46,017 43,225
Noncontrolling interest in consolidated subsidiary 374  
Total stockholders’ equity 46,391 43,225
Total liabilities and stockholders’ equity 479,385 428,209
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock, no par value; Series C authorized 20,000 shares, issued and outstanding 13,600 at December 31, 2015 and 14,000 at December 31, 2014 $ 12,893 $ 13,293