XML 14 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 26,343 $ 41,367
Investment securities    
Held-to-maturity, at amortized cost 69,637 116,437
Available-for-sale (at fair value; amortized cost $417,410 and $199,045 at December 31, 2015 and 2014, respectively) 417,787 200,848
Total investment securities 487,424 317,285
Loans, net of allowance for loan losses of $14,999 and $15,099 at December 31, 2015 and 2014, respectively 1,436,229 1,348,252
Bank premises and equipment, net 9,305 9,859
Goodwill 6,436 6,436
Core deposit intangible 3,113 3,732
Interest receivable and other assets 62,284 60,199
Total assets 2,031,134 1,787,130
Deposits    
Non-interest bearing 770,087 670,890
Interest bearing    
Transaction accounts 114,277 93,758
Savings accounts 141,316 133,714
Money market accounts 541,089 503,543
Time accounts 161,457 149,714
Total deposits 1,728,226 1,551,619
Federal Home Loan Bank (FHLB) borrowings 67,000 15,000
Subordinated debentures 5,395 5,185
Interest payable and other liabilities 16,040 15,300
Total liabilities 1,816,661 1,587,104
Stockholders' Equity    
Preferred stock, no par value, Authorized - 5,000,000 shares, none issued 0 0
Common stock, no par value, Authorized - 15,000,000 shares; Issued and outstanding - 6,068,543 and 5,939,482 at December 31, 2015 and 2014, respectively 84,727 82,436
Retained earnings 129,553 116,502
Accumulated other comprehensive income, net 193 1,088
Total stockholders' equity 214,473 200,026
Total liabilities and stockholders' equity $ 2,031,134 $ 1,787,130