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CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Cash and cash equivalents:    
Cash and due from financial institutions $ 22,984 $ 19,348
Federal funds sold 124,640 38,135
Total cash and cash equivalents 147,624 57,483
Interest-bearing deposits in other financial institutions 2,226 2,226
Investment securities available-for-sale, at fair value 213,696 279,479
Investment securities held-to-maturity, at amortized cost 2 2
Loans 506,603 509,244
Less: Allowance for loan losses (9,012) (9,301)
Net loans 497,591 499,943
Premises and equipment, net 7,369 7,833
Accrued interest receivable 1,847 2,124
Other real estate owned 505 3,454
FHLB and FRB stock and other nonmarketable securities 8,576 8,402
Bank-owned life insurance 37,759 37,209
Core deposit intangibles, net 37 109
Other assets 17,750 19,500
TOTAL ASSETS 934,982 917,764
Deposits:    
Non-interest bearing 198,128 184,971
Interest bearing 599,864 602,878
Total deposits 797,992 787,849
Accrued interest payable and other liabilities 16,456 14,835
Subordinated debentures 21,651 21,651
Total liabilities 836,099 824,335
Commitments and contingencies (Note 11) 0 0
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value: authorized 5,000,000 shares; no shares outstanding at June 30, 2014 and December 31, 2013 0 0
Common stock, no par value: authorized 60,000,000 shares; outstanding 6,836,463 at June 30, 2014 and December 31, 2013 99,020 98,824
Retained earnings (accumulated deficit) 1,804 (375)
Accumulated other comprehensive loss, net of tax (1,941) (5,020)
Total stockholders' equity 98,883 93,429
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 934,982 $ 917,764