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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 10,806 $ 10,394
Interest bearing deposits 16,756 15,026
Total cash and cash equivalents 27,562 25,420
Investment securities available for sale (“AFS”), at fair value 201,228 224,067
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 2,545 2,545
Loans and leases ("LHFI") 531,147 499,103
Less allowance for loan and lease losses 9,941 9,689
Net loans and leases 521,206 489,414
Bank owned life insurance 16,254 16,133
Accrued interest receivable 4,220 4,149
Other real estate owned ("OREO"), net 7,096 7,435
Premises and equipment, net 3,982 3,959
Other assets 12,205 12,911
Total assets 798,548 788,283
Deposits    
Non-interest bearing 87,350 83,529
Interest bearing 501,981 494,363
Total deposits 589,331 577,892
Short-term borrowings 9,000 9,000
Long-term borrowings 81,857 81,970
Subordinated debentures 25,774 25,774
Accrued interest payable 1,238 709
Other liabilities 20,881 20,640
Total liabilities 728,081 715,985
Royal Bancshares of Pennsylvania, Inc. equity:    
Preferred stock, Series A perpetual, $1,000 liquidation value per share, 500,000 shares authorized, 14,856 and 18,856 shares outstanding at March 31, 2016 and December 31, 2015, respectively 14,856 18,856
Additional paid in capital 108,515 110,494
Accumulated deficit (102,690) (104,879)
Accumulated other comprehensive loss (2,253) (3,919)
Treasury stock - at cost, shares of Class A, 359,497 and 375,333 at March 31, 2016 and December 31, 2015, respectively (5,027) (5,249)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 70,042 71,904
Noncontrolling interest 425 394
Total equity 70,467 72,298
Total liabilities and shareholders' equity 798,548 788,283
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,448 56,408
Total equity 56,448 56,408
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 193 193
Total equity $ 193 $ 193