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Consolidated Statements of Changes in Shareholders' Equity (USD $)
In Thousands
Total
Preferred Stock
Common Stock
Warrants
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Comprehensive Income
Balance at Dec. 31, 2009 $ 188,321 $ 22,612 $ 195 $ 946 $ 129,211 $ 33,024 $ 2,333  
Comprehensive Income                
Net Income 6,838         6,838   6,838
Other comprehensive income:                
Unrealized gain on securities available for sale (net of taxes) 2,040           2,040 2,040
Less: reclassification adjustment for gains net of taxes of $212 and $206 included in net income for the six months ended June 30, 2011 and 2010, respectively (367)           (367) (367)
Total Comprehensive Income 8,511             8,511
Stock-based compensation 302       302      
Exercise of options for 73,069 and 53,039 shares of common stock for the six months ended June 30, 2011 and 2010, respectively 132   2   130      
Tax benefit on non-qualified options exercised 74       74      
Capital raise issuance cost (16)       (16)      
Preferred stock:                
Preferred stock dividends (581)         (581)    
Discount accretion   (119)       119    
Balance at Jun. 30, 2010 196,743 22,493 197 946 129,701 39,400 4,006  
Balance at Dec. 31, 2010 204,716 22,582 197 946 130,382 48,551 2,058  
Comprehensive Income                
Net Income 10,890         10,890   10,890
Other comprehensive income:                
Unrealized gain on securities available for sale (net of taxes) 1,895           1,895 1,895
Less: reclassification adjustment for gains net of taxes of $212 and $206 included in net income for the six months ended June 30, 2011 and 2010, respectively (738)           (738) (738)
Total Comprehensive Income 12,047             12,047
Stock-based compensation 473       473      
Exercise of options for 73,069 and 53,039 shares of common stock for the six months ended June 30, 2011 and 2010, respectively 308       308      
Tax benefit on non-qualified options exercised 62       62      
Preferred stock:                
Preferred stock dividends (579)         (579)    
Discount accretion   653       (653)    
Balance at Jun. 30, 2011 $ 217,027 $ 23,235 $ 197 $ 946 $ 131,225 $ 58,209 $ 3,215