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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities    
Net loss $ (1,868) $ (2,672)
Adjustments to reconcile net loss to net cash from operating activities:    
Stock compensation 298   
Depreciation and amortization 184 213
Provision for loan losses 1,250 2,014
Premium amortization of investment securities 486 54
Net gain on sales of investments (556)   
Net gain on sales of OREO (2)   
Net gain on sales of other assets (525)   
Writedowns on other real estate owned 113 169
Loss on disposal of fixed assets 18 30
Decrease in accrued interest receivable 56 228
Increase in bank-owned life insurance (90) (94)
Proceeds from the sale of other assets 3,369   
Decrease in other real estate owned 48 9
Decrease in other assets 6,314 4,311
Decrease in accrued expenses and other liabilities (15,741) (1,342)
Net cash (used in) provided by operating activities (6,646) 2,920
Investing activities    
Decrease in loans, net 10,913 17,862
Decrease in interest-bearing deposits with banks 311 1,155
Proceeds from maturities of investment securities available for sale, including principal repayments and early redemptions 14,739 10,223
Proceeds from sales of investment securities available for sale 7,253   
Purchases of investment securities available for sale (27,613) (3,334)
Purchases of premises and equipment (249) (45)
Net cash provided by investing activities 5,354 25,861
Financing activities    
Decrease in deposits (9,517) (18,219)
Issuance of treasury stock 2 2
Additional paid-in capital upon issuance of common stock (246)   
Net cash used in financing activities (9,761) (18,217)
Net (decrease) increase in cash and cash equivalents (11,053) 10,564
Cash and cash equivalents at beginning of period 38,560 20,778
Cash and cash equivalents at end of period 27,507 31,342
Cash paid during the year    
Interest 1,945 2,495
Income taxes 46 66
Non-cash transactions    
Transfer of loans to other real estate owned $ 813 $ 140