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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (USD $)
In Thousands, except Share data
Common Stock
Preferred Stock
Warrants
Paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total
Balance - Beginning at Dec. 31, 2010 $ 168 $ 8,738 $ 112 $ 13,200 $ 36,567 $ (3,769) $ 55,016
Balance - Beginning, shares at Dec. 31, 2010 1,687,661            
Net income for period         2,864   2,864
Other comprehensive income, net of tax           4,095 4,095
Amortization (accretion) of preferred stock   78     (78)    
Common stock dividends paid         (1,418)   (1,418)
Issuance of Series B preferred stock   16,000         16,000
Redemption of Series A preferred stock   (8,816)         (8,816)
Preferred stock dividends declared         (382)   (382)
Issuance of common stock for director fees 1     27     28
Issuance of common stock for director fees, shares 1,070            
Balance - Ending at Sep. 30, 2011 169 16,000 112 13,227 37,553 326 67,387
Balance - Ending, shares at Sep. 30, 2011 1,688,731            
Balance - Beginning at Dec. 31, 2011 169 16,000   13,134 38,264 (705) 66,862
Balance - Beginning, shares at Dec. 31, 2011 1,688,731            
Net income for period         3,506   3,506
Other comprehensive income, net of tax           1,577 1,577
Common stock dividends paid         (1,419)   (1,419)
Issuance of Series B preferred stock               
Redemption of Series A preferred stock               
Preferred stock dividends declared         (176)   (176)
Issuance of common stock for director fees       24     24
Issuance of common stock for director fees, shares 960            
Balance - Ending at Sep. 30, 2012 $ 169 $ 16,000   $ 13,158 $ 40,175 $ 872 $ 70,374
Balance - Ending, shares at Sep. 30, 2012 1,689,691