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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (USD $)
In Thousands
Total
Common Stock
Preferred Stock
Warrants (Amounts in thousands, except share data)
Surplus (Amounts in thousands, except share data)
Retained Earnings (Accumulated Deficit) (Amounts in thousands, except share data)
Accumulated Other Comprehensive Income (loss) (Amounts in thousands, except share data)
Beginning Balance at Dec. 31, 2009$ 152,266$ 16,130$ 46,152$ 3,581$ 114,574$ (31,080)$ 2,909
Beginning Balance, shares at Dec. 31, 2009 16,129,640     
Net loss(872)    (872) 
Restricted stock issued, shares 15,000     
Restricted stock issued 15  (15)  
Discount accretion on preferred stock  464  (464) 
stock option compensation:       
Stock options57   57  
Restricted stock11   11  
Preferred stock dividends(1,849)    (1,849) 
Other comprehensive income1,048     1,048
Ending Balance at Sep. 30, 2010150,66116,14546,6163,581114,627(34,265)3,957
Ending Balance, shares at Sep. 30, 2010 16,144,640     
Beginning Balance at Dec. 31, 2010147,457[1]16,14846,7703,581114,649(34,273)582
Beginning Balance, shares at Dec. 31, 2010 16,147,640     
Net loss(17,320)    (17,320) 
Issuance of common stock, shares 3,233,548     
Issuance of common stock6,4023,233  3,169  
Restricted stock issued, shares 145,000     
Restricted stock issued 145  (145)  
Discount accretion on preferred stock  465  (465) 
stock option compensation:       
Stock options58   58  
Restricted stock86   86  
Preferred stock dividends(1,751)    (1,751) 
Other comprehensive income3,284     3,284
Ending Balance at Sep. 30, 2011$ 138,216$ 19,526$ 47,235$ 3,581$ 117,817$ (53,809)$ 3,866
Ending Balance, shares at Sep. 30, 2011 19,526,188     
[1]Derived from audited consolidated financial statements