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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2015
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Dec. 31, 2014
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| ASSETS | ||
| Cash and due from banks | $ 27,001us-gaap_CashAndDueFromBanks | $ 31,503us-gaap_CashAndDueFromBanks |
| Federal funds sold and other short -term investments | 107,078us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell | 97,952us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell |
| Cash and cash equivalents | 134,079us-gaap_CashCashEquivalentsAndFederalFundsSold | 129,455us-gaap_CashCashEquivalentsAndFederalFundsSold |
| Interest-bearing time deposits in other financial institutions | 20,000us-gaap_InterestBearingDepositsInBanks | 20,000us-gaap_InterestBearingDepositsInBanks |
| Securities available for sale, at fair value | 155,640us-gaap_AvailableForSaleSecurities | 161,874us-gaap_AvailableForSaleSecurities |
| Securities held to maturity (fair value 2015 - $43,402 and 2014 - $31,428) | 43,042us-gaap_HeldToMaturitySecurities | 31,585us-gaap_HeldToMaturitySecurities |
| Federal Home Loan Bank (FHLB) stock | 11,238us-gaap_FederalHomeLoanBankStock | 11,238us-gaap_FederalHomeLoanBankStock |
| Loans held for sale, at fair value | 2,368us-gaap_LoansReceivableHeldForSaleNet | 2,347us-gaap_LoansReceivableHeldForSaleNet |
| Total loans | 1,135,311us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome | 1,118,483us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome |
| Allowance for loan losses | (18,680)us-gaap_LoansAndLeasesReceivableAllowance | (18,962)us-gaap_LoansAndLeasesReceivableAllowance |
| Net loans | 1,116,631us-gaap_LoansAndLeasesReceivableNetReportedAmount | 1,099,521us-gaap_LoansAndLeasesReceivableNetReportedAmount |
| Premises and equipment - net | 52,506us-gaap_PropertyPlantAndEquipmentNet | 52,894us-gaap_PropertyPlantAndEquipmentNet |
| Accrued interest receivable | 3,670us-gaap_InterestReceivable | 3,399us-gaap_InterestReceivable |
| Bank-owned life insurance | 28,357us-gaap_BankOwnedLifeInsurance | 28,195us-gaap_BankOwnedLifeInsurance |
| Other real estate owned - net | 27,038us-gaap_OtherRealEstateAndForeclosedAssets | 28,242us-gaap_OtherRealEstateAndForeclosedAssets |
| Net deferred tax asset | 11,254us-gaap_DeferredTaxAssetsLiabilitiesNet | 12,265us-gaap_DeferredTaxAssetsLiabilitiesNet |
| Other assets | 4,386us-gaap_OtherAssets | 2,831us-gaap_OtherAssets |
| Total assets | 1,610,209us-gaap_Assets | 1,583,846us-gaap_Assets |
| Deposits | ||
| Noninterest-bearing | 373,215us-gaap_NoninterestBearingDepositLiabilities | 404,143us-gaap_NoninterestBearingDepositLiabilities |
| Interest-bearing | 947,301us-gaap_InterestBearingDepositLiabilities | 902,182us-gaap_InterestBearingDepositLiabilities |
| Total deposits | 1,320,516us-gaap_Deposits | 1,306,325us-gaap_Deposits |
| Other borrowed funds | 96,836us-gaap_AdvancesFromFederalHomeLoanBanks | 88,107us-gaap_AdvancesFromFederalHomeLoanBanks |
| Long-term debt | 41,238us-gaap_LongTermDebt | 41,238us-gaap_LongTermDebt |
| Accrued expenses and other liabilities | 6,038us-gaap_AccruedLiabilitiesCurrentAndNoncurrent | 5,657us-gaap_AccruedLiabilitiesCurrentAndNoncurrent |
| Total liabilities | 1,464,628us-gaap_Liabilities | 1,441,327us-gaap_Liabilities |
| Commitments and contingent liabilities | ||
| Shareholders' equity | ||
| Common stock, no par value, 200,000,000 shares authorized; 33,866,789 shares issued and outstanding at March 31, 2015 and December 31, 2014 | 216,581us-gaap_CommonStockValue | 216,460us-gaap_CommonStockValue |
| Retained deficit | (71,839)us-gaap_RetainedEarningsAccumulatedDeficit | (74,002)us-gaap_RetainedEarningsAccumulatedDeficit |
| Accumulated other comprehensive income | 839us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax | 61us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax |
| Total shareholders' equity | 145,581us-gaap_StockholdersEquity | 142,519us-gaap_StockholdersEquity |
| Total liabilities and shareholders' equity | $ 1,610,209us-gaap_LiabilitiesAndStockholdersEquity | $ 1,583,846us-gaap_LiabilitiesAndStockholdersEquity |
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of borrowings as of the balance sheet date from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and liquidity shortages. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount of a life insurance policy on an officer, executive or employee for which the reporting entity (a bank) is entitled to proceeds from the policy upon death of the insured or surrender of the insurance policy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For banks and other depository institutions: Includes cash on hand (currency and coin), cash items in process of collection, noninterest bearing deposits due from other financial institutions (including corporate credit unions), and noninterest bearing balances with the Federal Reserve Banks, Federal Home Loan Banks and central banks. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of cash and cash equivalents plus Federal Funds Sold. Cash and cash equivalents consist of short term, highly liquid investments that are readily convertible to known amounts of cash and are so near their maturity that they present negligible risk of changes in value due to changes in interest rates -- usually with an original maturity less than 90 days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Includes: (1) the amount outstanding of funds lent to other depository institutions, securities brokers, or securities dealers in the form of Federal Funds sold; for example, immediately available funds lent under agreements or contracts that mature in one business day or roll over under a continuing contract, regardless of the nature of the transaction or the collateral involved, excluding overnight lending for commercial and industrial purposes. Also include Federal Funds sold under agreements to resell on a gross basis, excluding (1) sales of term Federal Funds, (2) due bills representing purchases of securities or other assets by the reporting bank that have not yet been delivered and similar instruments, (3) resale agreements that mature in more than one business day involving assets other than securities, and (4) yield maintenance dollar repurchase agreements (Federal Funds Sold) and (2) the dollar amount outstanding of funds lent in the form of security resale agreements regardless of maturity, if the agreement requires the bank to resell the identical security purchased or a security that meets the definition of substantially the same in the case of a dollar roll. Also include purchases of participations in pools of securities, regardless of maturity (Securities Purchased Under Agreements to Re-sell). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Federal Home Loan Bank (FHLB) stock represents an equity interest in a FHLB. It does not have a readily determinable fair value because its ownership is restricted and it lacks a market (liquidity). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate of all domestic and foreign interest-bearing deposit liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For banks and other depository institutions (including Federal Reserve Banks, if applicable): Interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allowance and after deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after allowance and deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements and loans held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount classified as loans attributable to disposal group held for sale or disposed of. Excludes loans and leases covered under loss sharing agreements and loans classified as debt securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of all domestic and foreign noninterest-bearing deposits liabilities held by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of other real estate and foreclosed assets. Other real estate may include real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. Foreclosed assets include all assets obtained in full or partial satisfaction of a debt arrangement through foreclosure proceedings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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