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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 10,187 $ 13,146
Interest bearing deposits 5,087 8,084
Total cash and cash equivalents 15,274 21,230
Investment securities available for sale (“AFS”), at fair value 163,737 169,854
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 3,145 3,216
Loans Receivable Held-for-sale, Amount 205 0
Loans and leases ("LHFI") 618,784 602,009
Less allowance for loan and lease losses 10,558 10,420
Net loans and leases 608,226 591,589
Company owned life insurance 21,069 20,781
Accrued interest receivable 3,810 3,968
Other real estate owned ("OREO"), net 2,131 3,536
Premises and equipment, net 5,026 5,398
Other assets 11,829 10,663
Total assets 836,702 832,485
Deposits    
Non-interest bearing 98,391 97,859
Interest bearing 546,034 531,687
Total deposits 644,425 629,546
Short-term borrowings 21,000 19,000
Long-term borrowings 70,000 85,000
Subordinated debentures 25,774 25,774
Accrued interest payable 1,273 711
Other liabilities 19,403 20,181
Total liabilities 781,875 780,212
Royal Bancshares of Pennsylvania, Inc. equity:    
Additional paid in capital 99,444 99,667
Accumulated deficit (92,700) (94,512)
Accumulated other comprehensive loss (4,529) (5,219)
Treasury stock - at cost, shares of Class A, 331,031 and 355,031 at March 31, 2017 and December 31, 2016, respectively (4,629) (4,965)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 54,267 51,648
Noncontrolling interest 560 625
Total equity 54,827 52,273
Total liabilities and shareholders' equity 836,702 832,485
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,488 56,484
Total equity 56,488 56,484
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 193 193
Total equity $ 193 $ 193