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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 14,711 $ 9,642
Interest bearing deposits 9,506 21,148
Total cash and cash equivalents 24,217 30,790
Investment securities available for sale (“AFS”), at fair value 230,612 250,368
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 2,545 2,622
Loans and leases ("LHFI") 471,216 415,132
Less allowance for loan and lease losses 9,806 11,708
Net loans and leases 461,410 403,424
Bank owned life insurance 16,008 15,636
Accrued interest receivable 4,336 5,270
Other real estate owned ("OREO"), net 8,844 9,779
Premises and equipment, net 5,202 5,201
Other assets 6,487 7,213
Total assets 761,911 732,553
Deposits    
Non-interest bearing 76,949 73,665
Interest bearing 476,815 456,760
Total deposits 553,764 530,425
Short-term borrowings 9,000  
Long-term borrowings 82,084 92,426
Subordinated debentures 25,774 25,774
Accrued interest payable 2,168 726
Other liabilities 21,375 20,596
Total liabilities 694,165 669,947
Royal Bancshares of Pennsylvania, Inc. equity:    
Preferred stock, Series A perpetual, $1,000 liquidation value, 500,000 shares authorized, 18,856 shares outstanding 18,856 18,856
Additional paid in capital 110,502 110,697
Accumulated deficit (111,278) (115,864)
Accumulated other comprehensive loss (2,120) (2,492)
Treasury stock - at cost, shares of Class A, 377,771 and 398,365 at September 30, 2015 and December 31, 2014, respectively (5,283) (5,571)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 67,270 62,219
Noncontrolling interest 476 387
Total equity 67,746 62,606
Total liabilities and shareholders' equity 761,911 732,553
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,400 56,400
Total equity 56,400 56,400
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 193 193
Total equity $ 193 $ 193