XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Financial Condition (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 29,126 $ 36,994
Interest bearing deposits 13,250 17,744
Cash and Cash Equivalents 42,376 54,738
Interest bearing deposits - time 1,738 2,739
Equity securities at fair value 301 0
Trading securities 0 455
Securities available for sale 489,119 522,925
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 15,543 15,543
Loans held for sale, carried at fair value 34,148 39,436
Loans    
Commercial 857,417 853,260
Mortgage 888,910 849,530
Installment 325,108 316,027
Total Loans 2,071,435 2,018,817
Allowance for loan losses (23,071) (22,587)
Net Loans 2,048,364 1,996,230
Other real estate and repossessed assets 1,647 1,643
Property and equipment, net 38,809 39,149
Bank-owned life insurance 54,353 54,572
Deferred tax assets, net 13,715 15,089
Capitalized mortgage loan servicing rights 17,783 15,699
Other intangibles 1,500 1,586
Accrued income and other assets 33,723 29,551
Total Assets 2,793,119 2,789,355
Deposits    
Non-interest bearing 774,046 768,333
Savings and interest-bearing checking 1,100,505 1,064,391
Reciprocal 63,012 50,979
Time 377,663 374,872
Brokered time 115,175 141,959
Total Deposits 2,430,401 2,400,534
Other borrowings 27,847 54,600
Subordinated debentures 35,569 35,569
Accrued expenses and other liabilities 31,385 33,719
Total Liabilities 2,525,202 2,524,422
Shareholders' Equity    
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding 0 0
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 21,374,816 shares at March 31, 2018 and 21,333,869 shares at December 31, 2017 324,517 324,986
Accumulated deficit (48,098) (54,054)
Accumulated other comprehensive loss (8,502) (5,999)
Total Shareholders' Equity 267,917 264,933
Total Liabilities and Shareholders' Equity $ 2,793,119 $ 2,789,355