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Consolidated Balance Sheets - (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 35,566 $ 82,013
Held to maturity investment securities, at amortized cost (Note 2) 11,502 13,816
Available for sale investment securities, at fair value (Note 2) 67,537 28,597
Loans held for sale    100
Loans receivable (net of allowance for loan losses of $9,552 at September 30, 2014 and $8,382 at December 31, 2013) (Note 3) 730,148 621,830
Foreclosed real estate 829 829
Accrued interest receivable 2,670 2,360
Federal Home Loan Bank stock, at cost 4,834 4,834
Premises and equipment, net 7,787 7,060
Bank-owned life insurance 22,837 10,031
Other intangible assets 401 481
Deferred income taxes, net 5,804 5,845
Other assets 5,600 1,822
Total assets 895,515 779,618
Deposits    
Noninterest bearing deposits 151,146 118,618
Interest bearing deposits 544,117 542,927
Total deposits 695,263 661,545
Advances from the Federal Home Loan Bank 77,000 44,000
Accrued expenses and other liabilities 4,755 4,588
Total liabilities 777,018 710,133
Shareholders' equity (Notes 4, 5 and 7)    
Preferred stock, senior noncumulative perpetual, Series C, no par; 10,980 shares issued at September 30, 2014 and December 31, 2013, respectively; liquidation value of $1,000 per share 10,980 10,980
Common stock, no par value; 10,000,000 shares authorized, 6,559,995 and 3,876,393 shares issued at September 30, 2014 and December 31, 2013, respectively 97,180 52,105
Retained earnings 9,735 5,976
Accumulated other comprehensive income 602 424
Total shareholders' equity 118,497 69,485
Total liabilities and shareholders' equity $ 895,515 $ 779,618