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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest and dividend income:      
Interest and fees on loans $ 54,592 $ 51,158 $ 49,900
Interest on securities:      
Taxable 11,804 10,920 11,453
Tax-exempt 1,263 1,646 1,253
Dividend income 87 59 115
Other interest income 63 304 19
Total interest and dividend income 67,809 64,087 62,740
Interest expense:      
Interest on deposits 15,103 16,664 19,989
Interest on short-term borrowings 1 18 18
Interest on repurchase agreements 4,761 4,789 4,421
Interest on borrowings 7 408 1,509
Interest on junior subordinated debt 1,636 1,464 1,381
Total interest expense 21,508 23,343 27,318
Net interest income 46,301 40,744 35,422
Provision for loan losses 9,036 10,210 8,572
Net interest income after provision for loan losses 37,265 30,534 26,850
Non-interest income:      
Commissions and fees from insurance sales 12,201 11,915 12,254
Customer service fees 1,673 2,046 2,443
Mortgage banking activities 832 1,082 1,255
Brokerage and investment advisory commissions and fees 610 737 714
Earnings on bank owned life insurance 457 423 391
Other commissions and fees 1,808 1,901 1,933
Gain on sale of equity interest   1,875  
Loss on sale of other real estate owned (1,245) (1,640) (1,117)
Other income 156 750 565
Net realized gains on sales of securities 1,473 691 344
Total other-than-temporary impairment losses:      
Total other-than-temporary impairment losses on investments (1,210) (869) (5,569)
Portion of (gain) loss recognized in other comprehensive loss (309) 19 3,101
Net credit impairment loss recognized in earnings (1,519) (850) (2,468)
Total non-interest income 16,446 18,930 16,314
Non-interest expense:      
Salaries and employee benefits 24,115 21,979 22,134
Occupancy expense 4,977 4,415 4,160
Furniture and equipment expense 2,760 2,559 2,495
Outside processing services 3,778 3,908 3,983
Professional services 3,528 3,093 2,480
Marketing and advertising expense 1,575 1,022 1,011
FDIC deposit and other insurance expense 1,827 2,128 2,479
Amortization of identifiable intangible assets 476 543 647
Other real estate owned expense 1,704 2,558 1,445
Goodwill impairment 25,069    
Other expense 4,648 3,740 3,752
Total non-interest expense 74,457 45,945 44,586
(Loss) income before income taxes (20,746) 3,519 (1,422)
Income tax benefit (165) (465) (2,029)
Net (loss) income (20,581) 3,984 607
Preferred stock dividends and discount accretion 1,709 1,678 1,649
Net (loss) income available to common shareholders $ (22,290) $ 2,306 $ (1,042)
EARNINGS PER SHARE DATA      
Basic (loss) earnings per common share (in dollars per share) $ (3.39) $ 0.37 $ (0.18)
Diluted (loss) earnings per common share (in dollars per share) $ (3.39) $ 0.37 $ (0.18)