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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest income    
Interest and fees on loans $ 10,685 $ 12,049
Interest on investment securities: Taxable 1,091 1,162
Interest on investment securities: Exempt from federal income tax 428 498
Total investment income 1,519 1,660
Other 84 59
Total interest income 12,288 13,768
Interest expense    
Interest on deposits 1,327 1,893
Interest on short-term borrowings 14 46
Interest on long-term borrowings 1,614 1,946
Total interest expense 2,955 3,885
Net interest income 9,333 9,883
Provision for loan losses 865 8,124
Net interest income after provision for loan losses 8,468 1,759
Other operating income    
Changes in fair value on impaired securities 1,663 328
Portion of gain recognized in other comprehensive income (before taxes) (1,663) (328)
Net securities impairment losses recognized in operations 0 0
Net gains - other 329 703
Total net gains 329 703
Service charges 874 862
Trust department 1,196 1,115
Insurance commissions 1 6
Debit card income 476 492
Bank owned life insurance 249 971
Brokerage commissions 162 185
Other 369 421
Total other income 3,327 4,052
Total other operating income 3,656 4,755
Other operating expenses    
Salaries and employee benefits 4,844 4,889
FDIC premiums 451 465
Equipment 642 682
Occupancy 704 710
Data processing 729 680
Other 2,264 1,714
Total other operating expenses 9,634 9,140
Income/(Loss) before income tax expense 2,490 (2,626)
Applicable income tax expense 568 39
Net Income/(Loss) 1,922 (2,665)
Accumulated preferred stock dividends and discount accretion (437) (415)
Net Income Available to/Net (Loss) Attributable to Common Shareholders $ 1,485 $ (3,080)
Basic and diluted net income/(loss) per common share $ 0.24 $ (0.50)
Weighted average number of basic and diluted shares outstanding 6,199 6,183