Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 27,187 $ 27,173
Interest-bearing deposits with banks 95,733 185,284
Cash and cash equivalents 122,920 212,457
Investment securities held-to-maturity (fair value of $27,594 and $27,843 at September 30, 2016 and December 31, 2015, respectively) 26,666 27,458
Investment securities available-for-sale 76,182 53,405
Other investments 7,715 6,235
Mortgage loans held-for-sale 7,810 15,020
Loans, net of unearned income 1,412,368 1,319,414
Less: allowance for loan losses 11,950 9,842
Loans, net 1,400,418 1,309,572
Premises and equipment, net 32,158 31,432
Accrued interest receivable 3,442 3,510
Bank-owned life insurance 27,837 27,223
Other real estate 2,160 3,965
Deferred tax assets, net 13,820 14,190
Goodwill 50,748 50,686
Core deposit intangible, net 2,214 2,788
Other assets 5,188 5,428
Total assets 1,779,278 1,763,369
Liabilities and Shareholders’ Equity    
Noninterest-bearing demand 382,924 382,946
Interest-bearing demand 220,488 202,649
Savings and money market 618,040 611,887
Time 278,427 316,976
Total deposits 1,499,879 1,514,458
Federal Home Loan Bank advances 7,000 22,000
Subordinated debt 24,487
Accrued interest payable 1,083 627
Other liabilities 14,656 9,648
Total liabilities 1,547,105 1,546,733
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, 250,000 shares authorized, no shares issued or outstanding
Common stock, $0.01 par value, 30,000,000 shares authorized, 10,920,423 and 10,824,969 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 109 108
Additional paid-in capital 204,551 202,456
Retained earnings 19,098 6,152
Accumulated other comprehensive income 1,058 548
Total shareholders' equity attributable to National Commerce Corporation 224,816 209,264
Noncontrolling interest 7,357 7,372
Total shareholders' equity 232,173 216,636
Total liabilities and shareholders' equity $ 1,779,278 $ 1,763,369