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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 15,175 $ 9,836
Interest‑bearing deposits in financial institutions 53,154 24,921
Cash and cash equivalents 68,329 34,757
Available‑for‑sale securities, at fair value 198,522 198,237
Held‑to‑maturity securities, at amortized cost (fair value of $56,799 and $56,588, respectively) 54,686 57,278
Federal Reserve Bank stock 5,144 5,140
Federal Home Loan Bank of Dallas stock 3,721 2,590
Total Securities 262,073 263,245
Loans held for investment 1,433,702 1,359,415
Allowance for loan losses (15,705) (16,361)
Loans, net 1,417,997 1,343,054
Premises and equipment, net 21,326 21,365
Goodwill 15,672 15,672
Core deposit intangibles, net of accumulated amortization 862 984
Accrued interest receivable 4,325 3,994
Deferred tax asset, net 8,240 8,853
Real estate acquired by foreclosure 4,863 6,690
Other assets 4,177 4,513
TOTAL 1,807,864 1,703,127
Deposits:    
Noninterest‑bearing demand 342,617 282,227
Interest‑bearing demand 613,954 590,795
Certificates and other time deposits 578,001 574,350
Total deposits 1,534,572 1,447,372
Securities sold under agreements to repurchase 5,617 2,583
Other borrowed funds 51,835 46,858
Accrued interest payable 864 930
Other liabilities 6,224 6,166
Total liabilities 1,599,112 1,503,909
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS’ EQUITY:    
Common stock, $0.01 par value, 90,000,000 shares authorized and 20,780,254 and 20,771,087 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively 208 208
Capital surplus 179,392 179,219
Retained earnings 28,080 19,918
Accumulated other comprehensive (loss) income, net 1,072 (127)
Total shareholders’ equity 208,752 199,218
TOTAL $ 1,807,864 $ 1,703,127