XML 58 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 2,578 $ 2,881
Interest-bearing demand deposits 51,112 29,632
Total cash and cash equivalents 53,690 32,513
Interest-bearing time deposits 2,500 0
Securities available for sale - at fair value (amortized cost of $185,091 in 2013 and $153,896 in 2012) 181,409 156,693
Loans held for sale (includes $24,254 and $0 at fair value, respectively) 28,610 63,234
Loans receivable - net of allowance for loan losses of $5,426 and $5,833 at December 31, 2013 and 2012, respectively 495,727 352,328
Accrued interest receivable 2,904 2,196
Federal Home Loan Bank of Indianapolis stock 2,943 2,943
Cash surrender value of bank-owned life insurance 11,935 11,539
Premises and equipment, net 7,134 793
Goodwill 4,687 4,687
Other real estate owned 4,381 3,666
Accrued income and other assets 6,422 5,775
Total assets 802,342 636,367
Liabilities    
Non-interest bearing deposits 19,386 13,187
Interest-bearing deposits 653,709 517,504
Total deposits 673,095 530,691
Advances from Federal Home Loan Bank 31,793 40,686
Subordinated debt 2,789 0
Accrued interest payable 102 120
Accrued expenses and other liabilities 3,655 3,520
Total liabilities 711,434 575,017
Shareholders' Equity    
Preferred stock, no par value; 4,913,779 shares authorized; issued and outstanding - none 0 0
Retained earnings 21,902 18,024
Accumulated other comprehensive income (loss) (2,372) 1,818
Total shareholders' equity 90,908 61,350
Total liabilities and shareholders' equity 802,342 636,367
Voting Common Stock [Member]
   
Shareholders' Equity    
Common Stock, Value, Issued 71,378 41,508
Nonvoting Common Stock [Member]
   
Shareholders' Equity    
Common Stock, Value, Issued $ 0 $ 0