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Consolidated Statements of Operations - (unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income        
Loans and leases, including fees $ 5,444,000 $ 6,651,000 $ 10,905,000 $ 13,468,000
Investment securities available-for-sale 1,291,000 1,763,000 2,575,000 3,743,000
Deposits in banks 8,000 9,000 15,000 18,000
Total Interest Income 6,743,000 8,423,000 13,495,000 17,229,000
Interest expense        
Deposits 1,005,000 1,573,000 2,078,000 3,201,000
Short-term borrowings 11,000 15,000 11,000 308,000
Long-term borrowings 781,000 929,000 1,688,000 1,821,000
Total Interest Expense 1,797,000 2,517,000 3,777,000 5,330,000
Net Interest Income 4,946,000 5,906,000 9,718,000 11,899,000
(Credit) provision for loan and lease losses (163,000) 1,515,000 (414,000) 1,599,000
Net Interest Income after (credit) Provision for Loan and Lease Losses 5,109,000 4,391,000 10,132,000 10,300,000
Other income        
Net gains on sales of other real estate owned 418,000 255,000 580,000 117,000
Service charges and fees 325,000 277,000 638,000 578,000
Income from bank owned life insurance 131,000 137,000 267,000 275,000
Net gains on the sale of AFS investment securities 25,000 20,000 70,000 159,000
Gain on sale of premises and equipment 2,000 0 678,000 0
Income related to real estate owned via equity investments 0 19,000 0 38,000
Gains on sales of loans and leases 0 1,964,000 16,000 2,005,000
Other income 60,000 132,000 120,000 293,000
Total other-than-temporary impairment on investment securities 0 (859,000) 0 (859,000)
Total Other Income 961,000 1,945,000 2,369,000 2,606,000
Other expenses        
Employee salaries and benefits 2,662,000 3,167,000 5,451,000 6,051,000
Loss contingency 1,650,000 0 1,650,000 0
Professional and legal fees 808,000 1,306,000 1,468,000 2,310,000
Occupancy and equipment 546,000 571,000 1,116,000 1,120,000
OREO expenses and impairment 528,000 996,000 897,000 2,274,000
Pennsylvania shares tax 283,000 322,000 557,000 637,000
FDIC and state assessments 261,000 285,000 528,000 491,000
Loan collection expenses 142,000 670,000 278,000 193,000
Directors' fees 117,000 107,000 218,000 209,000
Impairment on loans held for sale 53,000 0 153,000 0
Restructuring charges 24,000 0 111,000 0
Department of Justice fine 0 400,000 0 2,000,000
Other operating expenses 493,000 768,000 1,280,000 1,374,000
Total Other Expenses 7,567,000 8,592,000 13,707,000 16,659,000
Loss Before Tax Expense (Benefit) (1,497,000) (2,256,000) (1,206,000) (3,753,000)
Income tax expense (benefit) 0 0 0 0
Net Loss (1,497,000) (2,256,000) (1,206,000) (3,753,000)
Less net loss attributable to noncontrolling interest (694,000) (306,000) (521,000) (934,000)
Net loss attributable to Royal Bancshares of Pennsylvania, Inc. (803,000) (1,950,000) (685,000) (2,819,000)
Less Preferred stock Series A accumulated dividend and accretion 518,000 508,000 1,033,000 1,014,000
Net loss available to common shareholders $ (1,321,000) $ (2,458,000) $ (1,718,000) $ (3,833,000)
Per common share data        
Net loss - basic and diluted (in dollars per share) $ (0.10) $ (0.19) $ (0.13) $ (0.29)