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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock, no par value; Series C authorized 20,000 shares, issued and outstanding none at June 30, 2016 and 13,600 at December 31, 2015 $ 12,893
Cash and due from banks 28,101 28,745
Federal funds sold 954 1,329
54,498 52,544
Restricted equity securities, at cost 2,479 2,535
Loans held for sale 915 1,643
Loans, net of allowance for loan losses of $3,449 in 2016 and $3,298 in 2015 390,219 364,060
Property and equipment, net 13,726 14,008
Other real estate owned, net of valuation allowance of $420 in 2016 and in 2015 4,337 5,237
Bank owned life insurance 6,371 6,285
Accrued income 2,071 2,057
Other assets 1,718 942
Total assets 505,389 479,385
Noninterest-bearing 83,414 77,268
Interest-bearing 349,861 322,278
Total deposits 433,275 399,546
Federal Home Loan Bank borrowings 14,650 22,000
Subordinated notes 7,209 7,194
Other borrowings 896 2,361
Accrued interest payable 411 372
Other liabilities 1,512 1,521
Total liabilities 457,953 432,994
Common stock, $5 par value; authorized 10,000,000 shares, issued and outstanding 5,629,767(includes 31,104 restricted shares) at June 30, 2016 and 3,362,536 (includes 37,848 restricted shares) at December 31, 2015 28,116 16,801
Surplus 17,774 15,484
Common stock dividend distributable 665
Retained earnings (deficit) (247) 443
Accumulated other comprehensive income 738 396
Total HomeTown Bankshares Corporation stockholders’ equity 47,046 46,017
Non-controlling interest in consolidated subsidiary 390 374
Total stockholders’ equity 47,436 46,391
Total liabilities and stockholders’ equity $ 505,389 $ 479,385