XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (unaudited) (USD $)
Mar. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 10,175,000 $ 9,154,000
Interest bearing deposits 13,715,000 7,690,000
Total cash and cash equivalents 23,890,000 16,844,000
Investment securities available-for-sale ("AFS") 312,212,000 308,727,000
Other investment, at cost 2,250,000 2,250,000
Federal Home Loan Bank ("FHLB") stock 4,004,000 4,204,000
Loans and leases held for sale ("LHFS") 0 1,446,000
Loans and leases ("LHFI") 358,658,000 366,481,000
Less allowance for loan and lease losses 11,866,000 13,671,000
Net loans and leases 346,792,000 352,810,000
Bank owned life insurance 15,253,000 15,124,000
Accrued interest receivable 6,675,000 7,054,000
Other real estate owned ("OREO"), net 9,368,000 9,617,000
Premises and equipment, net 4,594,000 4,475,000
Other assets 9,372,000 9,703,000
Total assets 734,410,000 732,254,000
Deposits    
Non-interest bearing 70,560,000 60,473,000
Interest bearing 462,072,000 468,491,000
Total deposits 532,632,000 528,964,000
Short-term borrowings 5,000,000 10,000,000
Long-term borrowings 97,767,000 97,881,000
Subordinated debentures 25,774,000 25,774,000
Accrued interest payable 1,435,000 965,000
Other liabilities 20,197,000 20,865,000
Total liabilities 682,805,000 684,449,000
Royal Bancshares of Pennsylvania, Inc. equity:    
Preferred stock, Series A perpetual, $1,000 liquidation value, 500,000 shares authorized, 30,407 shares issued and outstanding at March 31, 2014 and December 31, 2013 30,098,000 29,950,000
Additional paid in capital 127,108,000 127,299,000
Accumulated deficit (119,081,000) (120,396,000)
Accumulated other comprehensive loss (3,907,000) (6,122,000)
Treasury stock - at cost, shares of Class A, 437,778 and 453,077 at March 31, 2014 and December 31, 2013 (6,122,000) (6,336,000)
Total Royal Bancshares of Pennsylvania, Inc. shareholders' equity 51,270,000 47,534,000
Noncontrolling interest 335,000 271,000
Total equity 51,605,000 47,805,000
Total liabilities and shareholders' equity 734,410,000 732,254,000
Common Class A [Member]
   
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 22,977,000 22,940,000
Total equity 22,977,000 22,940,000
Common Class B [Member]
   
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 197,000 199,000
Total equity $ 197,000 $ 199,000