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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 11,440 $ 10,394
Interest bearing deposits 15,163 15,026
Total cash and cash equivalents 26,603 25,420
Investment securities available for sale (“AFS”), at fair value 204,058 224,067
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 2,778 2,545
Loans and leases ("LHFI") 547,087 499,103
Less allowance for loan and lease losses 10,008 9,689
Net loans and leases 537,079 489,414
Bank owned life insurance 20,737 19,899
Accrued interest receivable 4,065 4,149
Other real estate owned ("OREO"), net 7,208 7,435
Premises and equipment, net 4,346 3,959
Other assets 7,328 9,145
Total assets 816,452 788,283
Deposits    
Non-interest bearing 88,956 83,529
Interest bearing 510,288 494,363
Total deposits 599,244 577,892
Short-term borrowings 24,000 9,000
Long-term borrowings 71,744 81,970
Subordinated debentures 25,774 25,774
Accrued interest payable 1,763 709
Other liabilities 20,980 20,640
Total liabilities 743,505 715,985
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 June 30, 2016 and December 31, 2015 14,856 18,856
Additional paid in capital 108,508 110,494
Accumulated deficit (100,660) (104,879)
Accumulated other comprehensive loss (1,930) (3,919)
Treasury stock - at cost, shares of Class A, 357,011 and 375,333 at June 30, 2016 and December 31, 2015 respectively (4,992) (5,249)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 72,427 71,904
Noncontrolling interest 520 394
Total equity 72,947 72,298
Total liabilities and shareholders' equity 816,452 788,283
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,452 56,408
Total equity 56,452 56,408
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 193 193
Total equity $ 193 $ 193