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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 4,575 $ 4,486
Interest-bearing deposits 47,718 39,772
Cash and cash equivalents 52,293 44,258
Interest-bearing time deposits 2,190 3,435
Securities available for sale 52,175 43,931
Loans held for sale 1,221 633
Loans, less allowance for loan losses of $5,168 and $8,854 at June 30, 2012 and December 31, 2011, respectively 193,335 198,110
Foreclosed assets, net 11,678 9,265
Prepaid FDIC assessment 101 490
Federal Home Loan Bank stock 2,506 5,398
Premises and equipment, net 14,980 15,121
Cash value of life insurance 6,303 6,182
Interest receivable and other assets 2,736 2,163
Total assets 339,518 328,986
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 312,256 301,101
Federal Home Loan Bank advances 13,000 13,000
Other borrowings 1,300 1,300
Subordinated debentures 3,609 3,609
Interest payable and other liabilities 3,469 2,726
Total liabilities 333,634 321,736
Commitments and contingent liabilities      
Shareholders' equity    
Common stock - no par value, 5,000,000 shares authorized; 1,245,267 shares issued and outstanding      
Preferred stock - $1.00 par value, 1,000,000 shares authorized; 7,319 shares issued and outstanding 7 7
Paid-in capital 12,076 12,033
Accumulated deficit (6,858) (5,407)
Accumulated other comprehensive income 659 617
Total shareholders' equity 5,884 7,250
Total liabilities and shareholders' equity $ 339,518 $ 328,986