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Unaudited Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest Income        
Interest and fees on loans $ 14,104 $ 15,701 $ 28,385 $ 31,881
Interest on investment securities:        
Taxable 3,394 3,906 6,960 7,276
Nontaxable 561 461 1,088 994
Interest on deposits in other banks 27 64 62 147
Interest on federal funds sold and securities purchased under agreements to resell 1 1 2 3
Total interest income 18,087 20,133 36,497 40,301
Interest Expense        
Interest on deposits 2,368 3,772 5,179 7,719
Interest on federal funds purchased and other short-term borrowings 25 49 50 111
Interest on securities sold under agreements to repurchase and other long-term borrowings 1,810 1,984 3,653 3,982
Interest on subordinated notes payable to unconsolidated trusts 517 506 1,041 1,011
Total interest expense 4,720 6,311 9,923 12,823
Net interest income 13,367 13,822 26,574 27,478
Provision for loan losses 1,341 4,528 2,318 6,969
Net interest income after provision for loan losses 12,026 9,294 24,256 20,509
Noninterest Income        
Service charges and fees on deposits 2,015 2,177 4,018 4,230
Allotment processing fees 1,332 1,356 2,628 2,685
Other service charges, commissions, and fees 1,136 1,062 2,228 2,091
Data processing income 84 271 168 535
Trust income 473 659 935 1,086
Investment securities gains, net 685 413 688 823
Gains on sale of mortgage loans, net 451 151 761 292
Income from company-owned life insurance 228 241 988 476
Other 8 10 26 15
Total noninterest income 6,412 6,340 12,440 12,233
Noninterest Expense        
Salaries and employee benefits 6,859 6,870 13,980 13,635
Occupancy expenses, net 1,195 1,210 2,371 2,442
Equipment expenses 611 567 1,181 1,177
Data processing and communication expenses 989 1,199 2,152 2,427
Bank franchise tax 620 662 1,188 1,293
Amortization of intangibles 253 286 507 572
Deposit insurance expense 685 722 1,372 1,611
Other real estate expenses, net 704 1,935 1,666 2,615
Deposit fraud loss       700
Other 2,485 2,056 4,577 4,317
Total noninterest expense 14,401 15,507 28,994 30,789
Income before income taxes 4,037 127 7,702 1,953
Income tax expense (benefit) 890 (42) 1,246 739
Net income 3,147 169 6,456 1,214
Dividends and accretion on preferred shares (480) (473) (958) (945)
Net income (loss) available to common shareholders $ 2,667 $ (304) $ 5,498 $ 269
Per Common Share        
Net income (loss), basic and diluted (in Dollars per share) $ 0.36 $ (0.04) $ 0.74 $ 0.04
Weighted Average Common Shares Outstanding        
Basic and diluted (in Shares) 7,454 7,420 7,450 7,416