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Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Information [Abstract]  
Selected segment information and reconciliations to consolidated financial information

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended June 30, 2016

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

803,262

 

$

13,190

 

$

816,452

Total deposits

 

$

599,244

 

$

 —

 

$

599,244

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

8,112

 

$

69

 

$

8,181

Interest expense

 

 

1,613

 

 

151

 

 

1,764

Net interest income (expense)

 

$

6,499

 

$

(82)

 

$

6,417

Provision for loan and lease losses

 

 

72

 

 

125

 

 

197

Total non-interest income

 

 

1,055

 

 

18

 

 

1,073

Total non-interest expense

 

 

4,775

 

 

271

 

 

5,046

Income tax expense

 

 

60

 

 

 —

 

 

60

Net income (loss)

 

$

2,647

 

$

(460)

 

$

2,187

Noncontrolling interest

 

$

174

 

$

(21)

 

$

153

Net income (loss) attributable to Royal Bancshares

 

$

2,473

 

$

(439)

 

$

2,034

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended June 30, 2015

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

709,612

 

$

17,592

 

$

727,204

Total deposits

 

$

531,510

 

$

 —

 

$

531,510

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

6,980

 

$

91

 

$

7,071

Interest expense

 

 

1,378

 

 

213

 

 

1,591

Net interest income (expense)

 

$

5,602

 

$

(122)

 

$

5,480

Credit for loan and lease losses

 

 

(536)

 

 

(50)

 

 

(586)

Total non-interest income

 

 

847

 

 

70

 

 

917

Total non-interest expense

 

 

5,072

 

 

299

 

 

5,371

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

1,913

 

$

(301)

 

$

1,612

Noncontrolling interest

 

$

183

 

$

(32)

 

$

151

Net income (loss) attributable to Royal Bancshares

 

$

1,730

 

$

(269)

 

$

1,461

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2016

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

803,262

 

$

13,190

 

$

816,452

Total deposits

 

$

599,244

 

$

 —

 

$

599,244

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

16,245

 

$

150

 

$

16,395

Interest expense

 

 

3,181

 

 

306

 

 

3,487

Net interest income (expense)

 

$

13,064

 

$

(156)

 

$

12,908

Provision for loan and lease losses

 

 

375

 

 

34

 

 

409

Total non-interest income

 

 

2,245

 

 

35

 

 

2,280

Total non-interest expense

 

 

9,614

 

 

653

 

 

10,267

Income tax benefit

 

 

60

 

 

 —

 

 

60

Net income (loss)

 

$

5,261

 

$

(809)

 

$

4,452

Noncontrolling interest

 

$

270

 

$

(41)

 

$

229

Net income (loss) attributable to Royal Bancshares

 

$

4,991

 

$

(768)

 

$

4,223

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2015

 

    

Community

    

    

 

    

    

 

(In thousands)

  

Banking

  

Tax Liens

  

Consolidated

Total assets

 

$

709,612

 

$

17,592

 

$

727,204

Total deposits

 

$

531,510

 

$

 —

 

$

531,510

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

14,017

 

$

334

 

$

14,351

Interest expense

 

 

2,722

 

 

440

 

 

3,162

Net interest income

 

$

11,295

 

$

(106)

 

$

11,189

(Credit) provision for loan and lease losses

 

 

(1,197)

 

 

31

 

 

(1,166)

Total non-interest income

 

 

1,360

 

 

124

 

 

1,484

Total non-interest expense

 

 

9,922

 

 

544

 

 

10,466

Income tax expense

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

$

3,930

 

$

(557)

 

$

3,373

Noncontrolling interest

 

$

372

 

$

(51)

 

$

321

Net income (loss) attributable to Royal Bancshares

 

$

3,558

 

$

(506)

 

$

3,052