Common Stock Offering

9 Months Ended

Sep. 30, 2012

Equity [Abstract]

Common Stock Offering [Text Block]

Note 10: Common Stock Offering

On July 20, 2012, Bancorp closed its previously announced common stock offering, pursuant to an effective registration statement, and concurrent private placement of its common stock. Bancorp raised $10.2 million of additional capital and issued 1,396,364 shares of its common stock as of the closing date of the offerings. The following table represents the additional capital raised and the number of shares issued under each segment of the offerings:

	Gross Proceeds $		Shares Issued #
Rights Offering		1,778,039		243,567
Public Offer		4,264,616		584,194
Private Placement		4,150,802		568,603
Total		10,193,457		1,396,364