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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 11,775 $ 13,146
Interest bearing deposits 13,333 8,084
Total cash and cash equivalents 25,108 21,230
Investment securities available for sale (“AFS”), at fair value 155,508 169,854
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 2,036 3,216
Loans and leases ("LHFI") 594,565 602,009
Less allowance for loan and lease losses 10,123 10,420
Net loans and leases 584,442 591,589
Company owned life insurance 21,030 20,781
Accrued interest receivable 2,975 3,968
Other real estate owned ("OREO"), net 1,680 3,536
Premises and equipment, net 4,748 5,398
Other assets 10,057 10,663
Total assets 809,834 832,485
Deposits    
Non-interest bearing 97,076 97,859
Interest bearing 529,990 531,687
Total deposits 627,066 629,546
Short-term borrowings 15,000 19,000
Long-term borrowings 60,000 85,000
Subordinated debentures 25,774 25,774
Accrued interest payable 2,378 711
Other liabilities 19,041 20,181
Total liabilities 749,259 780,212
Royal Bancshares of Pennsylvania, Inc. equity:    
Additional paid in capital 99,483 99,667
Accumulated deficit (87,566) (94,512)
Accumulated other comprehensive loss (4,280) (5,219)
Treasury stock - at cost, shares of Class A, 331,031 and 355,031 at September 30, 2017 and December 31, 2016, respectively (4,629) (4,965)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 59,876 51,648
Noncontrolling interest 699 625
Total equity 60,575 52,273
Total liabilities and shareholders' equity 809,834 832,485
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,682 56,484
Total equity 56,682 56,484
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 186 193
Total equity $ 186 $ 193