Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 16,377	$ 14,822
Interest bearing deposits with banks	64,793	114,004
Cash and cash equivalents	81,170	128,826
Investment securities available for sale, at fair value	176,142	185,379
Investment securities held to maturity, at amortized cost (fair value of $119,269 and $68,253, respectively)	119,338	67,866
Restricted stock, at cost	1,179	1,157
Loans held for sale	3,464	1,676
Loans receivable (net of allowance for loan losses of $8,398 and $11,536, respectively)	814,477	770,404
Premises and equipment, net	40,961	35,030
Other real estate owned, net	13,162	3,715
Accrued interest receivable	3,559	3,226
Other assets	18,966	17,319
Total Assets	1,272,418	1,214,598
Deposits
Demand – non-interest bearing	241,550	224,245
Demand – interest bearing	327,342	283,768
Money market and savings	488,873	488,848
Time deposits	72,032	75,369
Total Deposits	1,129,797	1,072,230
Accrued interest payable	235	265
Other liabilities	6,471	6,816
Subordinated debt	22,476	22,476
Total Liabilities	1,158,979	1,101,787
Shareholders’ Equity
Preferred stock, par value $0.01 per share: 10,000,000 shares authorized; no shares issued	0	0
Common stock, par value $0.01 per share: 50,000,000 shares authorized; shares issued 38,344,348	383	383
Additional paid in capital	152,513	152,234
Accumulated deficit	(34,205)	(35,266)
Treasury stock at cost (503,408 shares)	(3,725)	(3,725)
Stock held by deferred compensation plan (25,437 shares)	(183)	(183)
Accumulated other comprehensive loss	(1,344)	(632)
Total Shareholders’ Equity	113,439	112,811
Total Liabilities and Shareholders’ Equity	$ 1,272,418	$ 1,214,598