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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 6,381 $ 7,228
Federal funds sold 18,000 13,550
Interest bearing deposits with banks 2,135 3,289
Investment securities available for sale 96,343 105,420
Loans 218,504 244,955
Less: Allowance for loan losses 10,603 10,626
Net loans 207,901 234,329
Premises and equipment 2,718 2,974
Accrued interest receivable 1,772 1,933
Bank-owned life insurance 5,872 5,730
Other real estate owned 1,524 1,997
Other assets 6,521 10,817
Total assets 349,167 387,267
Deposits:    
Demand 35,185 35,132
Savings 111,680 130,663
Time 157,618 172,756
Total deposits 304,483 338,551
Accrued expenses and other liabilities 4,542 6,620
Short-term portion of long-term debt 5,000 5,000
Long-term debt 14,200 14,200
Total liabilities 328,225 364,371
Commitments and contingencies      
Stockholders’ equity    
Surplus 1,115 1,115
Retained earnings (3,883) 514
Accumulated other comprehensive loss 1,930 (127)
Treasury stock, at cost — 3,204 and 3,240 common shares in 2011 and 2010, respectively (226) (228)
Total stockholders’ equity 20,942 22,896
Total liabilities and stockholders’ equity 349,167 387,267
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 10,374 9,990
Common Stock [Member]
   
Stockholders’ equity    
Common Stock $ 1,345 $ 1,345