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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Cash and due from banks $ 19,537 $ 9,812
Federal funds sold 738 196
Securities available for sale, at fair value 57,922 63,466
Restricted equity securities, at cost 2,564 2,591
Loans, net of allowance for loan losses of $3,721 in 2013 and $3,790 in 2012 294,212 271,147
Property and equipment, net 12,155 9,754
Other real estate owned, net of valuation allowance of $935 in 2013 and $575 in 2012 8,143 8,938
Bank owned life insurance 3,518  
Deferred tax asset, net 1,159 1,400
Accrued income 1,877 1,590
Other assets 612 1,557
Total assets 402,437 370,451
Noninterest-bearing 46,232 32,627
Interest-bearing 293,538 277,370
Total deposits 339,770 309,997
Short term borrowings 258 216
Federal Home Loan Bank borrowings 22,000 22,000
Accrued interest payable 286 332
Other liabilities 585 1,187
Total liabilities 362,899 333,732
Stockholders’ equity:    
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 December 31, 2013 and 3,262,518 (includes 25,896 restricted shares) at December 31, 2012 16,351 16,167
Surplus 15,339 15,487
Retained deficit (4,846) (6,587)
Accumulated other comprehensive (loss) income (599) 1,420
Total stockholders’ equity 39,538 36,719
Total liabilities and stockholders’ equity 402,437 370,451
Series A and B Preferred Stock [Member]
   
Stockholders’ equity:    
Preferred stock, value   10,374
Series C Preferred Stock [Member]
   
Stockholders’ equity:    
Preferred stock, value $ 13,293