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Consolidated Statements of Income (Loss) (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income        
Interest earned on cash and cash equivalents $ 24 $ 72 $ 59 $ 123
Dividends received on Federal Home Loan Bank stock 21 13 21 25
Interest earned on investment securities available for sale        
State and municipal (nontaxable) 75 669 169 1,584
Collateralized mortgage obligations (taxable) 434 387 865 896
Other mortgage-backed (taxable) 262 207 493 419
SBA loan-backed (taxable) 193 49 447 49
Interest and fees earned on loans 9,719 10,025 19,538 20,351
Total interest income 10,728 11,422 21,592 23,447
Interest expense        
Interest expense on deposits 502 1,339 1,397 2,732
Interest expense on retail repurchase agreements 1   1 1
Total interest expense 503 1,339 1,398 2,733
Net interest income 10,225 10,083 20,194 20,714
Provision for loan losses 670 8,450 1,020 11,150
Net interest income after provision for loan losses 9,555 1,633 19,174 9,564
Noninterest income        
Service charges on deposit accounts, net 1,603 1,669 3,157 3,343
Fees for trust, investment management and brokerage services 905 870 1,674 1,589
Mortgage-banking 564 832 1,135 1,633
Automatic teller machine 259 248 489 489
Bankcard services 64 57 124 119
Investment securities gains, net 331 9,859 331 9,859
Other 511 428 1,072 861
Total noninterest income 4,237 13,963 7,982 17,893
Noninterest expense        
Salaries and other personnel 5,310 5,335 10,408 10,943
Occupancy 1,047 1,064 2,114 2,328
Furniture and equipment 918 834 1,818 1,725
Professional services 556 424 983 890
FDIC deposit insurance assessment 358 446 728 1,097
Marketing 338 374 480 562
Foreclosed real estate writedowns and expenses 2,280 6,966 2,732 8,334
Loss (gain) on other loans held for sale (326) 2,406 (326) 2,534
Loan workout 240 158 452 387
Other 1,190 1,227 2,897 2,365
Total noninterest expense 11,911 19,234 22,286 31,165
Income (loss) before provision for income taxes 1,881 (3,638) 4,870 (3,708)
Provision for income taxes 382 3,511 1,195 4,028
Net income (loss) 1,499 (7,149) 3,675 (7,736)
Common and per share data        
Net income (loss) - basic (in Dollars per share) $ 0.12 $ (0.57) $ 0.29 $ (0.61)
Net income (loss) - diluted (in Dollars per share) $ 0.12 $ (0.57) $ 0.29 $ (0.61)
Cash dividends $ 0 $ 0 $ 0 $ 0
Book value (in Dollars per share) $ 7.76 $ 7.04 $ 7.76 $ 7.04
Weighted average common shares outstanding - basic (in Shares) 12,652,355 12,638,160 12,651,565 12,637,990
Weighted average common shares outstanding - diluted (in Shares) 12,737,369 12,638,160 12,709,620 12,637,990