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Consolidated Statements of Operations - (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Loans and leases, including fees $ 5,451 $ 5,426 $ 15,925 $ 16,331
Investment securities AFS 1,734 1,528 5,610 4,103
Deposits in banks 6 6 16 21
Total Interest Income 7,191 6,960 21,551 20,455
Interest Expense        
Deposits 900 983 2,712 3,061
Short-term borrowings 1 6 13 17
Long-term borrowings 722 901 2,145 2,589
Total Interest Expense 1,623 1,890 4,870 5,667
Net Interest Income 5,568 5,070 16,681 14,788
(Credit) provision for loan and lease losses (51) 218 (765) (196)
Net Interest Income after (Credit) Provision for Loan and Lease Losses 5,619 4,852 17,446 14,984
Non-interest Income        
Service charges and fees 248 363 779 1,001
Net gains on sales of loans and leases 80 241 223 257
Net gains on sales of other real estate owned 173 629 633 1,209
Income from bank owned life insurance 129 134 384 401
Gain on sale of premises and equipment 107 526 107 1,204
Net gains (losses) on the sale of AFS investment securities 238 (1) 330 69
Other income 229 45 336 165
Total Non-interest Income 1,204 1,937 2,792 4,306
Non-interest Expense        
Employee salaries and benefits 2,704 2,547 7,505 7,998
Loss contingency       1,650
Occupancy and equipment 614 566 1,865 1,682
Professional and legal fees 570 569 1,562 2,037
OREO expenses and impairment 154 844 892 1,741
Pennsylvania shares tax 138 283 406 840
FDIC and state assessments 261 253 770 781
Communications and data processing 166 166 485 439
Directors' fees 129 138 360 356
Marketing and advertising 86 64 325 175
Insurance 89 144 289 317
Loan collection expenses 70 130 227 408
Impairment of loans held for sale       153
Restructuring charges   119   230
Other operating expenses 394 467 1,042 1,190
Total Non-interest Expense 5,375 6,290 15,728 19,997
ncome (Loss) Before Tax Expense (Benefit) 1,448 499 4,510 (707)
Net Income (Loss) 1,448 499 4,510 (707)
Less Net Income (Loss) Attributable to Noncontrolling Interest 25 157 212 (364)
Net Income (Loss) Attributable to Royal Bancshares of Pennsylvania, Inc. 1,423 342 4,298 (343)
Less Preferred Stock Series A Accumulated Dividend and Accretion 152 520 1,644 1,553
Net Income (Loss) Available to Common Shareholders $ 1,271 $ (178) $ 2,654 $ (1,896)
Per Common Share Data        
Net Income (Loss) - Basic and Diluted (in dollars per share) $ 0.05 $ (0.01) $ 0.15 $ (0.14)