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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans, including fees$ 2,989$ 3,490$ 8,982$ 10,001
Investment securities:    
Taxable5916161,8091,942
Tax-exempt4374511,3471,361
Interest-bearing deposits18254867
Total interest income4,0354,58212,18613,371
Interest expense:    
Deposits3656011,2111,956
Other borrowings   16
Total interest expense3656011,2111,972
Net interest income3,6703,98110,97511,399
Provision for loan losses7804502,7321,940
Net interest income after provision for loan losses2,8903,5318,2439,459
Noninterest income:    
Service charges on deposits8859742,6032,820
Gain on sales of securities141211236546
Gain (loss) on sales of assets (9)6(5)
Other operating income3852949791,083
Total noninterest income1,4111,4703,8244,444
Noninterest expense:    
Salaries and employee benefits1,7091,9285,2835,877
Net occupancy and equipment6566801,8621,952
Amortization of core deposit intangible118118354372
FDIC insurance129200519590
Other real estate owned, net6681631,2732,010
Other operating expenses1,1071,2893,5753,735
Total noninterest expense4,3874,37812,86614,536
Income (loss) before income taxes(86)623(799)(633)
Income tax expense (benefit)(178)38(735)(739)
Net income (loss)92585(64)106
Preferred dividends accrued5967177254
Net income (loss) available to common shareholders$ 33$ 518$ (241)$ (148)
Net income (loss) per common share - basic (in dollars per share)$ 0.02$ 0.25$ (0.11)$ (0.07)
Net income (loss) per common share - diluted (in dollars per share)$ 0.02$ 0.24$ (0.11)$ (0.07)
Weighted average common outstanding shares - basic (in shares)2,1222,1052,1202,103
Weighted average common outstanding shares - diluted (in shares)2,1222,1262,1202,103
Dividends per common share (in dollars per share)$ 0.00$ 0.00$ 0.08$ 0.08