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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Loans receivable, including fees:        
Taxable $ 18,084 $ 17,773 $ 53,919 $ 53,356
Tax-exempt 929 1,027 2,693 3,002
Securities:        
Taxable 5,094 5,613 16,332 16,607
Tax-exempt 148 0 267 0
Federal funds sold 0 2 1 4
Total interest income 24,255 24,415 73,212 72,969
Interest Expense        
Deposits 1,842 2,857 5,924 8,844
Short-term borrowings 43 57 170 394
Long-term debt 592 726 1,754 2,122
Total interest expense 2,477 3,640 7,848 11,360
Net interest income 21,778 20,775 65,364 61,609
Provision for loan losses 2,500 13,750 7,950 17,242
Net interest income after provision for loan losses 19,278 7,025 57,414 44,367
Noninterest Income        
Service charges, fees and other operating income 6,833 7,109 20,786 20,858
Gains on sales of loans 352 162 953 2,497
Total fees and other income 7,185 7,271 21,739 23,355
Other-than-temporary impairment (OTTI) losses 0 0 (649) (315)
Portion recognized in other comprehensive income (before taxes) 0 0 0 0
Net impairment loss on investment securities 0 0 (649) (315)
Net gains (losses) on sales of securities (37) 7 959 350
Total noninterest income 7,148 7,278 22,049 23,390
Noninterest Expenses        
Salaries and employee benefits 10,021 10,113 30,725 30,746
Occupancy 2,105 2,230 6,238 6,911
Furniture and equipment 1,160 1,287 3,664 4,158
Advertising and marketing 446 491 1,247 1,240
Data processing 3,220 3,265 9,883 10,492
Regulatory assessments and related costs 1,847 915 3,522 2,856
Telephone 881 869 2,588 2,575
Loan expense 339 521 1,030 928
Foreclosed real estate 399 975 1,543 2,045
Branding 0 70 30 1,817
Consulting 268 343 768 1,166
Pennsylvania shares tax 437 453 1,456 1,351
Other 1,930 1,823 5,964 5,998
Total noninterest expenses 23,053 23,355 68,658 72,283
Income (loss) before taxes 3,373 (9,052) 10,805 (4,526)
Provision (benefit) for federal income taxes 1,381 (3,334) 3,367 (2,332)
Net income (loss) $ 1,992 $ (5,718) $ 7,438 $ (2,194)
Net Income (Loss) per Common Share        
Basic (in dollars per share) $ 0.14 $ (0.41) $ 0.52 $ (0.16)
Diluted (in dollars per share) $ 0.14 $ (0.41) $ 0.52 $ (0.16)
Average Common and Common Equivalent Shares Outstanding        
Basic (in shares) 14,129 13,959 14,128 13,867
Diluted (in shares) 14,129 13,959 14,128 13,867