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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income:    
Loans, including fees $ 10,316 $ 10,989
Securities 3,097 1,963
Interest-bearing deposits in other financial institutions 36 34
Total interest income 13,449 12,986
Interest expense:    
Deposits 716 1,271
Subordinated debt 474 466
Other   53
Total interest expense 1,190 1,790
Net interest income before provision for loan losses 12,259 11,196
Provision for loan losses 100 770
Net interest income after provision for loan losses 12,159 10,426
Noninterest income:    
Service charges and fees on deposit accounts 590 567
Servicing income 460 411
Increase in cash surrender value of life insurance 429 425
Gain on sale of SBA loans 36 379
Gain on sale of securities 27  
Other 181 135
Total noninterest income 1,723 1,917
Noninterest expense:    
Salaries and employee benefits 5,667 5,393
Professional fees 1,211 839
Occupancy and equipment 996 1,038
Software subscriptions 290 255
Low income housing investment losses 269 162
Data processing 245 220
FDIC deposit insurance premiums 225 524
Insurance expense 224 241
Other real estate owned expense 115 21
Other 1,614 1,738
Total noninterest expense 10,856 10,431
Income before income taxes 3,026 1,912
Income tax expense 951 331
Net income 2,075 1,581
Dividends and discount accretion on preferred stock (1,206) (596)
Net income available to common shareholders $ 869 $ 985
Earnings per common share:    
Basic (in dollars per share) $ 0.03 $ 0.03
Diluted (in dollars per share) $ 0.03 $ 0.03