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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 10,753 $ 10,394
Interest bearing deposits 17,638 15,026
Total cash and cash equivalents 28,391 25,420
Investment securities available for sale (“AFS”), at fair value 168,321 224,067
Other investment, at cost 2,250 2,250
Federal Home Loan Bank ("FHLB") stock 3,018 2,545
Loans and leases ("LHFI") 575,818 499,103
Less allowance for loan and lease losses 10,254 9,689
Net loans and leases 565,564 489,414
Company owned life insurance 20,458 19,899
Accrued interest receivable 3,770 4,149
Other real estate owned ("OREO"), net 7,236 7,435
Premises and equipment, net 4,714 3,959
Other assets 7,646 9,145
Total assets 811,368 788,283
Deposits    
Non-interest bearing 90,709 83,529
Interest bearing 501,530 494,363
Total deposits 592,239 577,892
Short-term borrowings 15,000 9,000
Long-term borrowings 85,000 81,970
Subordinated debentures 25,774 25,774
Accrued interest payable 2,240 709
Other liabilities 21,313 20,640
Total liabilities 741,566 715,985
Royal Bancshares of Pennsylvania, Inc. equity:    
Preferred stock, Series A perpetual, $1,000 liquidation value per share, 500,000 shares authorized, 12,205 and 18,856 shares outstanding at September 30, 2016 and December 31, 2015 12,205 18,856
Additional paid in capital 106,975 110,494
Accumulated deficit (98,634) (104,879)
Accumulated other comprehensive loss (2,916) (3,919)
Treasury stock - at cost, shares of Class A, 356,072 and 375,333 at September 30, 2016 and December 31, 2015 respectively (4,979) (5,249)
Total Royal Bancshares of Pennsylvania, Inc. shareholders’ equity 69,300 71,904
Noncontrolling interest 502 394
Total equity 69,802 72,298
Total liabilities and shareholders' equity 811,368 788,283
Class A - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 56,457 56,408
Total equity 56,457 56,408
Class B - Common stock    
Royal Bancshares of Pennsylvania, Inc. equity:    
Common stock 192 193
Total equity $ 192 $ 193