Income Taxes (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Components of Income Tax Expense

Income tax expense was as follows:



	Three Months Ended				Six Months Ended
(Dollars in thousands)	June 30				June 30
	2012		2011		2012		2011
Current income tax expense	$	—	$	1	$	2	$	2
Deferred income tax expense	599		293		1,109		407
Total income tax expense	$	599	$	294	$	1,111	$	409

Schedule of Net Operating Losses and Tax Credits Available for Carryover

In connection with its 2009 and 2010 operating losses and estimated earnings for 2011, the Company had the following net operating losses and tax credits available for carryover for Federal income tax purposes at December 31, 2011:



(Dollars in thousands)
	Amount		Expiration Dates
Net operating loss from 2009	$	8,700	2029
Net operating loss from 2010	4,321		2030
Tax credits from 2009	208		2029
Tax credits from 2010	299		2030
Tax credits from 2011	475		2031