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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 14,552 $ 13,146
Interest bearing deposits 17,159 8,084
Total cash and cash equivalents 31,711 21,230
Investment securities available for sale (“AFS”), at fair value 135,936 169,854
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 2,276 3,216
Loans Receivable Held-for-sale, Amount 0 0
Loans and leases ("LHFI") 605,693 602,009
Less allowance for loan and lease losses 10,262 10,420
Net loans and leases 595,431 591,589
Company owned life insurance 20,909 20,781
Accrued interest receivable 3,277 3,968
Other real estate owned ("OREO"), net 1,932 3,536
Premises and equipment, net 4,873 5,398
Other assets 10,160 10,663
Total assets 808,755 832,485
Deposits    
Non-interest bearing 101,379 97,859
Interest bearing 521,442 531,687
Total deposits 622,821 629,546
Short-term borrowings 21,000 19,000
Long-term borrowings 60,000 85,000
Subordinated debentures 25,774 25,774
Accrued interest payable 1,930 711
Other liabilities 18,904 20,181
Total liabilities 750,429 780,212
Royal Bancshares of Pennsylvania, Inc. equity:    
Additional paid in capital 99,467 99,667
Accumulated deficit (89,841) (94,512)
Accumulated other comprehensive loss (4,188) (5,219)
Treasury stock - at cost, shares of Class A, 331,031 and 355,031 at June 30, 2017 and December 31, 2016, respectively (4,629) (4,965)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 57,669 51,648
Noncontrolling interest 657 625
Total equity 58,326 52,273
Total liabilities and shareholders' equity 808,755 832,485
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,674 56,484
Total equity 56,674 56,484
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 186 193
Total equity $ 186 $ 193