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Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Information [Abstract]  
Selected segment information and reconciliations to consolidated financial information

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2017

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

829,143

 

$

7,559

 

$

836,702

Total deposits

 

$

644,425

 

$

 —

 

$

644,425

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

8,818

 

$

140

 

$

8,958

Interest expense

 

 

1,866

 

 

75

 

 

1,941

Net interest income

 

$

6,952

 

$

65

 

$

7,017

Provision (credit) for loan and lease losses

 

 

351

 

 

(54)

 

 

297

Total non-interest income

 

 

548

 

 

(37)

 

 

511

Total non-interest expense

 

 

5,493

 

 

(117)

 

 

5,376

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income

 

$

1,656

 

$

199

 

$

1,855

Noncontrolling interest

 

$

48

 

$

(5)

 

$

43

Net income attributable to Royal Bancshares

 

$

1,608

 

$

204

 

$

1,812

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2016

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

784,797

 

$

13,751

 

$

798,548

Total deposits

 

$

589,331

 

$

 —

 

$

589,331

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

8,133

 

$

81

 

$

8,214

Interest expense

 

 

1,568

 

 

155

 

 

1,723

Net interest income (expense)

 

$

6,565

 

$

(74)

 

$

6,491

Provision (credit) for loan and lease losses

 

 

303

 

 

(91)

 

 

212

Total non-interest income

 

 

1,190

 

 

17

 

 

1,207

Total non-interest expense

 

 

4,839

 

 

382

 

 

5,221

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

2,613

 

$

(348)

 

$

2,265

Noncontrolling interest

 

$

96

 

$

(20)

 

$

76

Net income (loss) attributable to Royal Bancshares

 

$

2,517

 

$

(328)

 

$

2,189