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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (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, 2009 $ 168 $ 8,717 $ 112 $ 13,177 $ 35,259 $ (5,078) $ 52,355
Balance - Beginning, shares at Dec. 31, 2009 1,686,701            
Net income for year         3,660   3,660
Other comprehensive income, net of tax           1,309  
Amortization (accretion) of preferred stock   21     (21)    
Common stock dividends declared         (1,890)   (1,890)
Preferred stock dividends paid         (441)   (441)
Issuance of Series B preferred stock               
Redemption of Series A preferred stock               
Issuance of common stock for director fees       23     23
Issuance of common stock for director fees, shares 960            
Balance - Ending at Dec. 31, 2010 168 8,738 112 13,200 36,567 (3,769) 55,016
Balance - Ending, shares at Dec. 31, 2010 1,687,661            
Net income for year         4,112   4,112
Other comprehensive income, net of tax           3,064 3,064
Amortization (accretion) of preferred stock   78     (78)    
Common stock dividends declared         (1,891)   (1,891)
Issuance of Series B preferred stock   16,000         16,000
Redemption of Series A preferred stock   (8,816)         (8,816)
Repurchase of Common Stock Warrants     (112) (93)     (205)
Preferred stock dividends declared         (446)   (446)
Issuance of common stock for director fees 1     27     28
Issuance of common stock for director fees, shares 1,070            
Balance - Ending at Dec. 31, 2011 169 16,000    13,134 38,264 (705) 66,862
Balance - Ending, shares at Dec. 31, 2011 1,688,731            
Net income for year         4,077   4,077
Other comprehensive income, net of tax           3,142 3,142
Common stock dividends declared         (1,892)   (1,892)
Issuance of Series B preferred stock               
Redemption of Series A preferred stock               
Preferred stock dividends declared         (216)   (216)
Issuance of common stock for director fees       24     24
Issuance of common stock for director fees, shares 960            
Balance - Ending at Dec. 31, 2012 $ 169 $ 16,000    $ 13,158 $ 40,233 $ 2,437 $ 71,997
Balance - Ending, shares at Dec. 31, 2012 1,689,691