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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Interest income:    
Interest and fees on loans $ 27,899 $ 30,656
Interest on loans held for sale 417 68
Taxable investments 3,053 3,702
Tax-exempt investments 637 616
Federal funds sold 26 31
Interest bearing bank balances 79 98
Total interest income 32,111 35,171
Interest expense:    
Deposits 4,746 7,370
Federal funds purchased and repurchase agreements 11 22
Other borrowings 888 1,033
Junior subordinated debt 586 750
Total interest expense 6,231 9,175
Net interest income 25,880 25,996
Provision for loan losses 4,560 4,860
Net interest income after provision for loan losses 21,320 21,136
Noninterest income:    
Deposit account income 5,005 4,931
Mortgage banking income 2,373 679
Agency commission income 1,677 1,828
Trust and brokerage income 303 285
Bank owned life insurance income 369 359
Other income 1,141 1,052
Securities gains, net 592 1,690
Total investment other-than-temporary impairment losses (8) (239)
Portion of loss recognized in (reclassified from) other comprehensive income (before taxes) 4 (142)
Net investment impairment losses recognized (4) (381)
Total noninterest income 11,456 10,443
Noninterest expenses:    
Salaries and employee benefits 13,600 14,113
Net occupancy expenses 1,840 1,940
Equipment expenses 886 916
Software and processing expenses 708 794
Telecommunication expenses 466 454
Marketing and business development expenses 504 477
Foreclosed property expenses 2,738 3,821
FDIC insurance assessments 1,067 1,351
Intangible asset amortization 213 214
Other expenses 6,283 5,034
Total noninterest expenses 28,305 29,114
Income before income taxes 4,471 2,465
Income tax expense 1,111 409
Net income 3,360 2,056
Dividends and accretion on preferred stock 934 872
Net income applicable to common stock 2,426 1,184
Net income allocated to common shareholders $ 2,365 $ 1,176
Earnings per share:    
Basic $ 0.26 $ 0.13
Diluted $ 0.26 $ 0.13