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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Interest Income    
Loans and leases, including fees $ 28,825 $ 24,344
Investment securities 4,528 5,617
Deposits in banks 63 32
Total Interest Income 33,416 29,993
Interest Expense    
Deposits 4,325 3,806
Short-term borrowings 88 14
Long-term borrowings 2,902 2,664
Total Interest Expense 7,315 6,484
Net Interest Income 26,101 23,509
Provision (credit) for loan and lease losses 1,242 (748)
Net Interest Income after Provision (Credit) for Loan and Lease Losses 24,859 24,257
Non-interest Income    
Service charges and fees 1,361 1,126
Net gains on sales of loans and leases 165  
Gain on sale of premises and equipment   324
Income from company owned life insurance 1,166 497
Net gains on the sale of AFS investment securities 1,431 900
Total other-than-temporary impairment on AFS investment securities (190) (14)
Other income 374 280
Total Non-interest Income 4,307 3,113
Non-interest Expense    
Employee salaries and benefits 10,398 10,441
Loss Contingency, Loss in Period (200)  
Occupancy and equipment 2,876 2,950
Professional and legal fees 1,977 1,731
Net OREO expenses 77 504
Pennsylvania shares tax expense 547 450
FDIC and state assessments 594 688
Communications and data processing 1,004 798
(Credit) provision for credit losses on off-balance sheet credit exposures (333) 425
Directors' fees 434 459
Marketing and advertising 243 190
Insurance 363 335
Loan collection expenses 216 422
Other operating expenses 1,801 1,592
Total Expenses 19,997 20,985
Income Before Tax Expense 9,169 6,385
Income Tax Expense (1,796) (5,139)
Net Income 10,965 11,524
Less Net Income (Loss) Attributable to Noncontrolling Interest 590 531
Net Income Attributable to Royal Bancshares of Pennsylvania, Inc. 10,375 10,993
Less Preferred Stock Series A Accumulated Dividend and Accretion 1,133 1,721
Net Income Available to Common Shareholders $ 9,242 $ 9,272
Per Common Share Data    
Net Income - Basic and Diluted $ 0.31 $ 0.31