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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 15,671 $ 12,256
Interest bearing deposits with financial institutions 73,691 115,952
Cash and cash equivalents 89,362 128,208
Interest-bearing time deposits with financial institutions 2,423 2,423
Federal Reserve Bank and Federal Home Loan Bank Stock, at cost 8,918 10,284
Securities available for sale, at fair value 69,950 86,378
Loans held for sale at fair value 10,672 55,809
Loans (net of allowances of $11,123 and $10,881, respectively) 717,818 719,257
Other real estate owned 17,331 17,710
Accrued interest receivable 2,178 2,242
Premises and equipment, net 1,414 1,362
Other assets 32,047 30,268
Total assets 952,113 1,053,941
Deposits:    
Noninterest-bearing 188,149 170,259
Interest-bearing 560,831 675,136
Total deposits 748,980 845,395
Borrowings 45,000 55,000
Accrued interest payable 2,055 1,832
Other liabilities 8,231 11,311
Junior subordinated debentures 17,527 17,527
Total liabilities 821,793 931,065
Commitments and contingencies (Note 2)      
Preferred stock, no par value, 2,000,000 shares authorized:    
Common stock, no par value, 85,000,000 shares authorized; 18,905,941 and 16,677,419 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively 128,168 112,790
Retained (deficit) earnings (5,687) 624
Accumulated other comprehensive loss (2,188) (565)
Total shareholders' equity 130,320 122,876
Total liabilities and shareholders' equity 952,113 1,053,941
Series B Convertible 8.4% Noncumulative Preferred Stock
   
Preferred stock, no par value, 2,000,000 shares authorized:    
Preferred Stock 8,747 8,747
Series C Convertible 8.4% Noncumulative Preferred Stock
   
Preferred stock, no par value, 2,000,000 shares authorized:    
Preferred Stock $ 1,280 $ 1,280