Consolidated Balance Sheets (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Assets
Cash and due from banks	$ 7,180	$ 4,920
Federal funds sold/EBA Balances at FRB	36,900	15,499
Total cash and cash equivalents	44,080	20,419
Securities available for sale	23,918	32,542
Loans, net	152,797	176,750
Premises and equipment, net	7,492	7,735
Deferred income tax asset	0	273
Cash surrender value of life insurance	4,640	4,566
Federal Reserve Bank and Federal Home Loan Bank stock, at cost	1,433	1,531
Other Real Estate Owned	4,486	2,123
Accrued interest and other assets	3,422	3,862
Total Assets	242,268	249,801
Liabilities and Shareholders' Equity
Noninterest-bearing demand	73,008	68,328
Interest-bearing demand and NOW accounts	14,132	13,089
Money market	44,727	41,758
Savings	27,661	28,112
Time certificates of deposit of $100,000 or more	41,260	51,195
Other time certificates	27,138	31,385
Total Deposits	227,926	233,867
Short-term borrowings	0	0
Long-term debt	5,155	5,155
Accrued interest and other liabilities	2,101	3,234
Total Liabilities	235,182	242,256
Commitments and contingencies (Note 4)
Shareholders' equity
Common stock - no par value; authorized 20,000,000 shares; Issued and outstanding, 2,003,131 shares at June 30, 2011 and at December 31, 2010	10,665	10,665
Additional Paid-in Capital	1,131	956
Retained earnings (Accumulated deficit)	(8,645)	(7,613)
Accumulated other comprehensive income-net unrealized gains/(losses) on available-for-sale securities, net of taxes	35	(342)
Total shareholders' equity	7,086	7,545
Total liabilities and shareholders' equity	242,268	249,801
Preferred Stock Series A
Shareholders' equity
Preferred Stock - Series A	$ 3,900	$ 3,879