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Consolidated Statements of Changes in Shareholders' Equity and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data
Total
Preferred Stock
Common Stock
Paid-in Capital
Directors' Deferred Compensation Plan
Retained Earnings (Deficit)
Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2009 $ 164,604 $ 51,190 $ 78,279 $ 86,969 $ (634) $ (52,477) $ 1,277
Balance, shares at Dec. 31, 2009     15,655,868        
Net Income 1,227         1,227  
Change in unrealized gain on securities available for sale, net of deferred income taxes 2,103           2,103
Total comprehensive income 3,330            
Dividends and accretion on preferred stock (1,310) 150       (1,460)  
Stock-based compensation expense 40     40      
Common stock distributed 15       15    
Balance at Jun. 30, 2010 166,679 51,340 78,279 87,009 (619) (52,710) 3,380
Balance, shares at Jun. 30, 2010     15,655,868        
Balance at Dec. 31, 2010 163,188 51,490 78,279 87,048 (618) (52,016) (995)
Balance, shares at Dec. 31, 2010     15,655,868        
Net Income 2,152         2,152  
Change in unrealized gain on securities available for sale, net of deferred income taxes (169)           (169)
Total comprehensive income 1,983            
Dividends and accretion on preferred stock (1,310) 149       (1,459)  
Stock-based compensation expense 67     67      
Common stock distributed 43       43    
Balance at Jun. 30, 2011 $ 163,971 $ 51,639 $ 78,279 $ 87,115 $ (575) $ (51,323) $ (1,164)
Balance, shares at Jun. 30, 2011     15,655,868