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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Information [Abstract]  
Selected segment information and reconciliations to consolidated financial information

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  September 30, 2015

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

745,853

 

$

16,058

 

$

761,911

Total deposits

 

$

553,764

 

$

 —

 

$

553,764

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

7,625

 

$

173

 

$

7,798

Interest expense

 

 

1,447

 

 

189

 

 

1,636

Net interest income (expense)

 

$

6,178

 

$

(16)

 

$

6,162

(Credit) provision for loan and lease losses

 

 

(254)

 

 

38

 

 

(216)

Total non-interest income

 

 

538

 

 

162

 

 

700

Total non-interest expense

 

 

4,932

 

 

433

 

 

5,365

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

2,038

 

$

(325)

 

$

1,713

Noncontrolling interest

 

$

179

 

$

 —

 

$

179

Net income (loss) attributable to Royal Bancshares

 

$

1,859

 

$

(325)

 

$

1,534

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  September 30, 2014

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

701,803

 

$

21,666

 

$

723,469

Total deposits

 

$

515,786

 

$

 —

 

$

515,786

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

6,889

 

$

302

 

$

7,191

Interest expense

 

 

1,367

 

 

256

 

 

1,623

Net interest income

 

$

5,522

 

$

46

 

$

5,568

(Credit) provision for loan and lease losses

 

 

(79)

 

 

28

 

 

(51)

Total non-interest income

 

 

987

 

 

217

 

 

1,204

Total non-interest expense

 

 

4,916

 

 

459

 

 

5,375

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

1,672

 

$

(224)

 

$

1,448

Noncontrolling interest

 

$

69

 

$

(44)

 

$

25

Net income (loss) attributable to Royal Bancshares

 

$

1,603

 

$

(180)

 

$

1,423

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2015

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

745,853

 

$

16,058

 

$

761,911

Total deposits

 

$

553,764

 

$

 —

 

$

553,764

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

21,642

 

$

507

 

$

22,149

Interest expense

 

 

4,169

 

 

629

 

 

4,798

Net interest income (expense)

 

$

17,473

 

$

(122)

 

$

17,351

(Credit) provision for loan and lease losses

 

 

(1,451)

 

 

69

 

 

(1,382)

Total non-interest income

 

 

1,924

 

 

906

 

 

2,830

Total non-interest expense

 

 

14,880

 

 

1,597

 

 

16,477

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

5,968

 

$

(882)

 

$

5,086

Noncontrolling interest

 

$

551

 

$

(51)

 

$

500

Net income (loss) attributable to Royal Bancshares

 

$

5,417

 

$

(831)

 

$

4,586

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2014

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

701,803

 

$

21,666

 

$

723,469

Total deposits

 

$

515,786

 

$

 —

 

$

515,786

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

20,549

 

$

1,002

 

$

21,551

Interest expense

 

 

4,030

 

 

840

 

 

4,870

Net interest income

 

$

16,519

 

$

162

 

$

16,681

(Credit) provision for loan and lease losses

 

 

(911)

 

 

146

 

 

(765)

Total non-interest income

 

 

2,019

 

 

773

 

 

2,792

Total non-interest expense

 

 

14,221

 

 

1,507

 

 

15,728

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

5,228

 

$

(718)

 

$

4,510

Noncontrolling interest

 

$

337

 

$

(125)

 

$

212

Net income (loss) attributable to Royal Bancshares

 

$

4,891

 

$

(593)

 

$

4,298