XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 20,560 $ 23,425
Interest bearing deposits in other banks 17,957 10,691
Total cash and cash equivalents 38,517 34,116
Investment securities available for sale 247,890 287,682
Federal Home Loan Bank stock 4,575 4,575
Loans held for sale 9,138 22,549
Gross loans 704,880 689,608
Net deferred loan fees (1,035) (937)
Allowance for loan losses (17,743) (18,118)
Net loans held for investment 686,102 670,553
Premises and equipment 17,598 15,956
Deferred tax assets, net 18,959 21,933
Bank owned life insurance 15,472 15,349
Goodwill and other intangible assets 12,881 12,981
Other assets 13,552 11,838
Total assets 1,064,684 1,097,532
Liabilities    
Non-interest bearing deposits 270,357 273,242
Interest bearing deposits 592,458 597,628
Total deposits 862,815 870,870
Short term FHLB borrowing   33,000
Long term FHLB borrowing 36,500 33,500
Junior subordinated debentures 8,248 8,248
Other liabilities 10,382 6,385
Total liabilities 917,945 952,003
Stockholders' Equity    
Common stock, no par value; authorized: 100,000,000 shares; issued and outstanding: 25,331,541 shares and 25,307,110 shares as of March 31, 2013 and December 31, 2012, respectively 101,359 101,354
Paid in capital 7,471 7,337
Retained earnings 12,146 8,773
Accumulated other comprehensive income, net of tax expense of $1,069 and $2,745 as of March 31, 2013 and December 31, 2012, respectively 1,529 3,925
Total stockholders' equity 146,739 145,529
Total liabilities and stockholders' equity 1,064,684 1,097,532
Series A senior preferred stock
   
Stockholders' Equity    
Preferred stock 20,630 20,536
Series C preferred stock
   
Stockholders' Equity    
Preferred stock $ 3,604 $ 3,604