XML 16 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Cash and due from banks $ 16,247 $ 17,979
Interest-bearing deposits in other banks 17,376 48,991
Total cash and cash equivalents 33,623 66,970
Securities available-for-sale, at fair value 255,917 267,954
Loans, net of deferred fees and costs 902,133 881,545
Allowance for loan and lease losses (12,295) (11,925)
Net loans 889,838 869,620
Premises and equipment, net 14,214 14,748
Other real estate owned 60 35
Life insurance 22,027 21,898
Deferred tax asset, net 7,523 6,505
Goodwill and core deposit intangible, net 1,975 2,030
Other assets 20,398 19,661
Total assets 1,245,575 1,269,421
Liabilities:    
Demand - noninterest-bearing 301,981 305,650
Demand - interest-bearing 462,551 496,990
Savings 107,986 110,837
Certificates of deposit 176,233 189,255
Total deposits 1,048,751 1,102,732
Federal Home Loan Bank of San Francisco borrowings 30,000
Long-term debt, gross 16,196 17,096
Less unamortized debt issuance costs (127) (138)
Net term debt 46,069 16,958
Junior subordinated debentures 10,310 10,310
Other liabilities 12,723 12,157
Total liabilities 1,117,853 1,142,157
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 16,315,402 as of March 31, 2018 and 16,271,563 as of December 31, 2017 51,959 51,830
Retained earnings 78,507 75,700
Accumulated other comprehensive loss, net of tax (2,744) (266)
Total shareholders' equity [1] 127,722 127,264
Total liabilities and shareholders' equity $ 1,245,575 $ 1,269,421
[1] Excludes 74 unvested restricted shares