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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets:    
Cash and due from banks $ 25,343 $ 43,949
Interest-bearing due from banks 7,453 14,473
Total cash and cash equivalents 32,796 58,422
Securities available-for-sale, at fair value 160,763 186,986
Securities held-to-maturity, at amortized cost 36,655 36,806
Loans, net of deferred fees and costs 700,177 661,055
Allowance for loan and lease losses (11,402) (10,820)
Net loans 688,775 650,235
Premises and equipment, net 11,342 12,295
Other real estate owned 1,405 502
Life insurance 22,168 21,844
Deferred tax asset 10,648 10,231
Other assets 18,503 19,871
Total assets 983,055 997,192
Liabilities:    
Demand - noninterest bearing 151,640 157,557
Demand - interest bearing 276,103 298,160
Savings deposits 93,500 88,569
Certificates of deposit 238,796 244,749
Total deposits 760,039 789,035
Federal Home Loan Bank of San Francisco borrowings 90,000 75,000
Junior subordinated debentures 10,310 10,310
Other liabilities 16,156 19,245
Total liabilities $ 876,505 $ 893,590
Commitments and contingencies (Note 12)    
Shareholders' equity:    
Preferred stock, no par value, 2,000,000 shares authorized: Series B (liquidation preference $1,000 per share) issued and outstanding: 20,000 as of June 30, 2015 and December 31, 2014 $ 19,931 $ 19,931
Common stock, no par value, 50,000,000 shares authorized:17,091,780 issued;13,338,978 outstanding as of June 30, 2015 and 13,294,777 outstanding as of December 31, 2014 24,144 23,891
Retained earnings 63,158 59,867
Accumulated other comprehensive loss (683) (87)
Total shareholders' equity 106,550 103,602
Total liabilities and shareholders' equity $ 983,055 $ 997,192