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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Loans receivable $ 19,389 $ 18,987 $ 21,887
Securities available for sale:      
Mortgage-backed and related 116 164 300
Other marketable 1,881 1,269 614
Cash equivalents 63 189 129
Other 4 4 53
Total interest income 21,453 20,613 22,983
Interest expense:      
Deposits 934 1,211 1,804
Federal Home Loan Bank advances and other borrowings 573 0 1,485
Total interest expense 1,507 1,211 3,289
Net interest income 19,946 19,402 19,694
Provision for loan losses (164) (6,998) (7,881)
Net interest income after provision for loan losses 20,110 26,400 27,575
Non-interest income:      
Fees and service charges 3,316 3,458 3,513
Loan servicing fees 1,046 1,058 1,029
Gain on sales of loans 1,964 1,828 2,102
Gain on acquisition 289 0 0
Other 1,038 940 668
Total non-interest income 7,653 7,284 7,312
Non-interest expense:      
Compensation and benefits 13,733 13,332 12,680
Losses (gains) on real estate owned 218 (1,194) (830)
Occupancy 3,722 3,691 3,338
Deposit insurance 375 435 868
Data processing 1,020 1,011 1,289
Other 4,128 4,128 5,278
Total non-interest expense 23,196 21,403 22,623
Income before income tax expense 4,567 12,281 12,264
Income tax expense (benefit) 1,611 4,902 (14,406)
Net income 2,956 7,379 26,670
Preferred stock dividends (108) (1,710) (2,068)
Net income available to common shareholders 2,848 5,669 24,602
Other comprehensive income (loss), net of tax 204 256 (625)
Comprehensive income available to common shareholders $ 3,052 $ 5,925 $ 23,977
Basic earnings per common share (in Dollars per share) $ 0.69 $ 1.40 $ 6.15
Diluted earnings per common share (in Dollars per share) $ 0.61 $ 1.23 $ 5.71