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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans, including fees$ 11,674$ 13,285$ 35,101$ 40,516
Securities:    
Taxable securities1,0431,0573,2833,307
Tax-exempt securities5497261,7232,428
Federal funds sold and other short-term investments43116170446
Total interest income13,30915,18440,27746,697
Interest expense:    
Demand deposits4805131,3091,737
Savings deposits2756838633,657
Time deposits9801,8383,1715,653
Federal funds purchased and securities sold under agreements to repurchase4252131170
Subordinated notes1773715311,101
Long-term borrowings1,0301,0303,0573,285
Total interest expense2,9844,4879,06215,603
Net interest income10,32510,69731,21531,094
Provision for loan losses02,0009505,400
Net interest income after provision for loan losses10,3258,69730,26525,694
Noninterest income:    
Service charges on deposit accounts8648672,4192,525
Debit card usage fees3683381,093994
Service fee from SmartyPig, LLC025301,314
Trust services175210601616
Gains and fees on sales of residential mortgages3585718141,044
Increase in cash value of bank-owned life insurance223220667664
Gain from bank owned-life insurance0420637420
Other income245228789721
Total noninterest income2,2333,1077,0208,298
Investment securities gains (losses), net:    
Total other than temporary impairment losses(22)(117)(22)(305)
Portion of loss recognized in other comprehensive income (loss) before taxes0000
Net impairment losses recognized in earnings(22)(117)(22)(305)
Realized securities gains (losses), net016053
Investment securities gains (losses), net(22)(101)(22)(252)
Noninterest expense:    
Salaries and employee benefits3,3732,8139,5988,180
Occupancy8418062,4782,403
Data processing5004641,4301,366
FDIC insurance expense2168351,1112,280
Other real estate owned expense1,650(3)1,930657
Professional fees297230756704
Miscellaneous losses1022201531,208
Other expenses1,3391,2163,7143,545
Total noninterest expense8,3186,58121,17020,343
Income before income taxes4,2185,12216,09313,397
Income taxes1,1351,1814,5573,514
Net income3,0833,94111,5369,883
Preferred stock dividends and accretion of discount0(572)(2,387)(1,713)
Net income available to common stockholders$ 3,083$ 3,369$ 9,149$ 8,170
Basic and diluted earnings per common share$ 0.18$ 0.19$ 0.53$ 0.47
Cash dividends per common share$ 0.05$ 0.00$ 0.1$ 0.00