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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Cash and cash equivalents    
Cash and due from banks $ 49,818 $ 50,540
Federal funds sold 986 5,255
Total cash and cash equivalents 50,804 55,795
Securities available for sale, at fair value 62,574 68,466
Loans held for sale 74,632  
Loans held for investment, net of allowance for loan and lease losses, 2012 - $4,658; 2011 - $4,280 336,495 321,859
Premises and equipment, net 5,586 6,009
Other real estate owned 321 808
Goodwill and other intangible assets, net 16,080 16,354
Accrued interest receivable 1,585 1,475
Deferred tax asset 4,363  
Other assets 5,571 6,699
Total assets 558,011 477,465
Deposits    
Demand and money market 313,708 228,031
Savings 4,050 3,517
Time 130,386 143,459
Total deposits 448,144 375,007
Accrued interest payable 290 351
Borrowings 20,000 20,000
Other liabilities 2,405 1,803
Total liabilities 470,839 397,161
Shareholders' equity    
Preferred stock, $1.00 par value, 25,000,000 shares authorized as of September 30, 2012 and December 31, 2011; 8,381 shares issued and outstanding as of September 30, 2012 and December 31, 2011 8,381 8,381
Common stock, $1.00 par value, 100,000,000 shares authorized as of September 30, 2012 and December 31, 2011; 10,446,928 shares issued and outstanding as of September 30, 2012 and December 31, 2011 10,447 10,447
Additional paid-in capital 71,176 70,964
Accumulated deficit (3,971) (10,950)
Accumulated other comprehensive income, net of tax of $587 in 2012 1,139 1,462
Total shareholders' equity 87,172 80,304
Total liabilities and shareholders' equity $ 558,011 $ 477,465