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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 14,464 $ 9,812
Federal funds sold 1,420 196
Securities available for sale, at fair value 59,609 63,466
Restricted equity securities, at cost 2,414 2,591
Loans, net of allowance for loan losses of $3,684 in 2013 and $3,790 in 2012 283,640 271,147
Property and equipment, net 11,371 9,754
Other real estate owned, net of valuation allowance of $703 in 2013 and $575 in 2012 8,400 8,938
Deferred tax asset, net 1,388 1,338
Accrued income 1,781 1,590
Other assets 565 1,619
Total assets 385,052 370,451
Liabilities and Stockholders’ Equity    
Noninterest-bearing 43,363 32,627
Interest-bearing 282,005 277,370
Total deposits 325,368 309,997
Short term borrowings 522 216
Federal Home Loan Bank borrowings 19,000 22,000
Accrued interest payable 309 332
Other liabilities 615 1,187
Total liabilities 345,814 333,732
Stockholders’ Equity:    
Preferred Stock   10,374
Discount on preferred stock   (142)
Common stock, $5 par value; authorized 10,000,000 shares, issued and outstanding 3,270,299 (includes 27,846 restricted shares) at September 30, 2013, and 3,262,518 (includes 25,896 restricted shares) at December 31, 2012 16,351 16,167
Surplus 15,330 15,487
Retained deficit (5,427) (6,587)
Accumulated other comprehensive (loss) income (316) 1,420
Total stockholders’ equity 39,238 36,719
Total liabilities and stockholders’ equity 385,052 370,451
Series C Preferred Stock [Member]
   
Stockholders’ Equity:    
Preferred Stock $ 13,300