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Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Information [Abstract]  
Selected segment information and reconciliations to consolidated financial information

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  March 31, 2016

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

784,797

 

$

13,751

 

$

798,548

Total deposits

 

$

589,331

 

$

 —

 

$

589,331

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

8,133

 

$

81

 

$

8,214

Interest expense

 

 

1,568

 

 

155

 

 

1,723

Net interest income (expense)

 

$

6,565

 

$

(74)

 

$

6,491

Provision (credit) for loan and lease losses

 

 

303

 

 

(91)

 

 

212

Total non-interest income

 

 

1,190

 

 

17

 

 

1,207

Total non-interest expense

 

 

4,839

 

 

382

 

 

5,221

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

2,613

 

$

(348)

 

$

2,265

Noncontrolling interest

 

$

96

 

$

(20)

 

$

76

Net income (loss) attributable to Royal Bancshares

 

$

2,517

 

$

(328)

 

$

2,189

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  March 31, 2015

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

706,252

 

$

18,953

 

$

725,205

Total deposits

 

$

520,286

 

$

 —

 

$

520,286

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

7,037

 

$

243

 

$

7,280

Interest expense

 

 

1,344

 

 

227

 

 

1,571

Net interest income

 

$

5,693

 

$

16

 

$

5,709

(Credit) provision for loan and lease losses

 

 

(661)

 

 

81

 

 

(580)

Total non-interest income

 

 

513

 

 

54

 

 

567

Total non-interest expense

 

 

4,850

 

 

245

 

 

5,095

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

2,017

 

$

(256)

 

$

1,761

Noncontrolling interest

 

$

189

 

$

(19)

 

$

170

Net income (loss) attributable to Royal Bancshares

 

$

1,828

 

$

(237)

 

$

1,591