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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and cash equivalents$ 63,296$ 82,945
Securities available-for-sale236,086219,475
Restricted securities9,15010,470
Loans620,450721,871
Allowance for loan losses(23,314)(31,511)
Net loans597,136690,360
Bank-owned life insurance31,15830,403
Mortgage servicing rights2,1512,425
Premises and equipment, net24,52625,687
Other real estate owned32,91225,564
Other assets12,53817,833
Total assets1,008,9531,105,162
LIABILITIES AND STOCKHOLDERS' EQUITY  
Non-interest-bearing111,263118,667
Interest-bearing750,854812,438
Total deposits862,117931,105
Federal funds purchased and securities sold under agreements to repurchase21,36416,188
Federal Home Loan Bank advances48,05871,059
Notes payable10,53310,623
Series B mandatory redeemable preferred stock268268
Subordinated debentures20,62020,620
Other liabilities13,03212,378
Total liabilities975,9921,062,241
Commitments and contingent liabilities  
Stockholders' equity  
Common stock, $1 par value, 15,000,000 shares authorized; 7,453,555 shares issued at September 30, 2011 and December 31, 20107,4547,454
Surplus74,77674,721
Accumulated Deficit(59,456)(46,861)
Accumulated other comprehensive income (loss)527(1,589)
Total stockholders' equity including Treasury stock55,07565,035
Treasury stock, at cost 1,405,150 shares at September 30, 2011 and December 31, 2010(22,114)(22,114)
Total stockholders' equity32,96142,921
Total liabilities and stockholders' equity1,008,9531,105,162
Series A Convertible Preferred Stock (Aggregate Liquidation Preference Of $2,762) [Member]
  
Stockholders' equity  
Preferred stock500500
Series C Fixed Rate, Cumulative Perpetual Preferred Stock (Aggregate Liquidation Preference Of $32,668) [Member]
  
Stockholders' equity  
Preferred stock$ 31,274$ 30,810