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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Interest and dividend income    
Loans, including fees $ 66,769 $ 80,084
Loans held-for-sale 260 342
Securities:    
Taxable 7,212 3,989
Tax-exempt 416 487
Dividends from Federal Reserve Bank and Federal Home Loan Bank stock 305 290
Federal funds sold   1
Interest bearing deposits 119 230
Total interest and dividend income 75,081 85,423
Interest expense    
Savings, NOW and money market deposits 1,062 1,579
Time deposits 8,809 14,478
Securities sold under repurchase agreements 2 1
Other short-term borrowings 17  
Junior subordinated debentures 4,925 4,577
Subordinated debt 903 822
Notes payable and other borrowings 17 16
Total interest expense 15,735 21,473
Net interest and dividend income 59,346 63,950
Provision for loan losses 6,284 8,887
Net interest and dividend income after provision for loan losses 53,062 55,063
Noninterest income    
Trust income 6,041 6,817
Service charges on deposits 7,682 8,135
Secondary mortgage fees 1,307 1,055
Mortgage servicing loss, net of changes in fair value (289) (341)
Net gain on sales of mortgage loans 10,688 5,458
Securities gains, net 1,575 631
Increase in cash surrender value of bank-owned life insurance 1,608 1,629
Debit card interchange income 3,547 3,004
Lease revenue from other real estate owned 3,497 3,635
Net gain on sale of other real estate owned 2,198 1,311
Other income 5,060 4,674
Total noninterest income 42,914 36,008
Noninterest expense    
Salaries and employee benefits 34,989 34,015
Occupancy expense, net 4,841 5,112
Furniture and equipment expense 4,614 5,601
FDIC insurance 4,031 4,854
General bank insurance 3,384 3,320
Amortization of core deposit asset 1,402 847
Advertising expense 1,309 1,106
Debit card interchange expense 1,548 1,424
Legal fees 3,176 4,118
Other real estate expense 24,358 24,356
Other expense 12,396 12,816
Total noninterest expense 96,048 97,569
Loss before income taxes (72) (6,498)
Provision for income taxes 0 0
Net loss (72) (6,498)
Preferred stock dividends and accretion of discount 4,987 4,730
Net loss available to common stockholders $ (5,059) $ (11,228)
Basic loss per share (in dollars per share) $ (0.36) $ (0.79)
Diluted loss per share (in dollars per share) $ (0.36) $ (0.79)
Dividends declared per share (in dollars per share) $ 0.00