XML 12 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Income Statement Abstract        
Interest income $ 10,863 $ 11,994 $ 21,763 $ 24,823
Fee income 2,926 3,501 6,058 7,317
Interest and fee income 13,789 15,495 27,821 32,140
Interest expense 3,063 3,955 6,355 8,614
Net interest and fee income 10,726 11,540 21,466 23,526
Provision for credit losses 924 2,494 2,103 5,617
Net interest and fee income after provision for credit losses 9,802 9,046 19,363 17,909
Other income:        
Insurance income 951 987 1,928 2,144
Loss on derivatives (38) (25) (43) (119)
Other income 434 306 716 596
Other income 1,347 1,268 2,601 2,621
Other expense:        
Salaries and benefits 5,384 4,588 11,321 9,713
General and administrative 3,145 3,073 6,616 6,118
Financing related costs 157 155 346 302
Other expense 8,686 7,816 18,283 16,133
Income before income taxes 2,463 2,498 3,681 4,397
Income tax expense 933 947 1,397 1,609
Net income $ 1,530 $ 1,551 $ 2,284 $ 2,788
Basic earnings per share $ 0.12 $ 0.12 $ 0.18 $ 0.22
Diluted earnings per share $ 0.12 $ 0.12 $ 0.18 $ 0.22
Weighted average shares used in computing basic earnings per share 12,989,681 12,832,792 12,957,552 12,802,579
Weighted average shares used in computing diluted earnings per share 13,065,206 12,904,163 13,033,875 12,865,857