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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 8,842 $ 7,228
Federal funds sold 22,500 13,550
Interest bearing deposits with banks 2,134 3,289
Investment securities available for sale 99,678 105,420
Loans 225,214 244,955
Less: Allowance for loan losses 10,895 10,626
Net loans 214,319 234,329
Premises and equipment 2,776 2,974
Accrued interest receivable 1,705 1,933
Bank-owned life insurance 5,824 5,730
Other real estate owned 1,959 1,997
Other assets 6,455 10,817
Total assets 366,192 387,267
Deposits:    
Demand 45,089 35,132
Savings 112,483 130,663
Time 162,760 172,756
Total deposits 320,332 338,551
Accrued expenses and other liabilities 5,278 6,620
Short-term portion of long-term debt 5,000 5,000
Long-term debt 14,200 14,200
Total liabilities 344,810 364,371
Commitments and contingencies    
Stockholders’ equity    
Surplus 1,115 1,115
Retained earnings (2,412) 514
Accumulated other comprehensive loss 1,029 (127)
Treasury stock, at cost — 3,204 and 3,240 common shares in 2011 and 2010, respectively (226) (228)
Total stockholders’ equity 21,382 22,896
Total liabilities and stockholders’ equity 366,192 387,267
Series A Preferred Stock [Member]
   
Stockholders’ equity    
Preferred Stock 200 200
Series C Preferred Stock [Member]
   
Stockholders’ equity    
Preferred Stock 27 27
Series D Preferred Stock [Member]
   
Stockholders’ equity    
Preferred Stock 820 820
Series E Preferred Stock [Member]
   
Stockholders’ equity    
Preferred Stock 2,450 2,450
Series F Preferred Stock [Member]
   
Stockholders’ equity    
Preferred Stock 6,790 6,790
Series G Preferred Stock [Member]
   
Stockholders’ equity    
Preferred Stock 10,244 9,990
Common Stock [Member]
   
Stockholders’ equity    
Common Stock $ 1,345 $ 1,345