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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME (USD $)
In Thousands
Total
Preferred Stock
Common Stock
Nonvoting Common Stock
Nonvested Restricted Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Comprehensive income
Balance at Dec. 31, 2009 $ 42,238 $ 7,462 $ 2,230 $ 90 $ (52) $ 7,707 $ 25,834 $ (1,805) $ 772  
Balance (in shares) at Dec. 31, 2009   7 2,230 90       (218)    
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) (479)           (479)     (479)
Unrealized holding gains on investment securities available for sale-net of taxes of $906,518 and $492,134 for period ended June 30, 2011 and 2010, respectively 955               955 955
Less reclassification adjustment for holding gains included in net income-net of taxes of $32,227 and $113,626 for period ended June 30, 2011 and 2010, respectively (221)               (221) (221)
Comprehensive income 255                 255
Stock based compensation expense 13         13        
Nonvested restricted stock 12       (55) 67        
Dividends declared - preferred (188)           (188)      
Dividends declared - common (167)           (167)      
Balance at Jun. 30, 2010 42,163 7,462 2,230 90 (107) 7,787 25,000 (1,805) 1,506  
Balance (in shares) at Jun. 30, 2010   7 2,230 90       (218)    
Balance at Dec. 31, 2010 45,817 11,841 2,233 90 (107) 7,813 25,965 (1,805) (213)  
Balance (in shares) at Dec. 31, 2010   12 2,233 90       (218)    
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) 337           337     337
Unrealized holding gains on investment securities available for sale-net of taxes of $906,518 and $492,134 for period ended June 30, 2011 and 2010, respectively 1,760               1,760 1,760
Less reclassification adjustment for holding gains included in net income-net of taxes of $32,227 and $113,626 for period ended June 30, 2011 and 2010, respectively (63)               (63) (63)
Comprehensive income 2,034                 2,034
Issuance of common stock 16   4     12        
Issuance of common stock (in shares)     4              
Nonvested restricted stock (10)       6 (16)        
Purchase of treasury stock (5)             (5)    
Purchase of treasury stock (in shares)               (1)    
Dividends declared - preferred (118)           (118)      
Dividends declared - common (169)           (169)      
Balance at Jun. 30, 2011 $ 47,565 $ 11,841 $ 2,237 $ 90 $ (101) $ 7,809 $ 26,015 $ (1,810) $ 1,484  
Balance (in shares) at Jun. 30, 2011   12 2,237 90       (219)