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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME (USD $)
In Thousands
Total
Preferred Stock
Common Stock
Non-Voting Common Stock
Nonvested Restricted Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Comprehensive income
Balance at Dec. 31, 2009$ 42,238$ 7,462$ 2,230$ 90$ (52)$ 7,707$ 25,834$ (1,805)$ 772 
Balance (in shares) at Dec. 31, 2009 72,23090   (218)  
Increase (Decrease) in Stockholders' Equity          
Net income (loss)106     106  106
Unrealized holding gains on investment securities available for sale-net of taxes of $1,234,611 and $946,932 for period ended September 30, 2011 and 2010, respectively1,837       1,8371,837
Less reclassification adjustment for holding gains included in net income-net of taxes of $80,158 and $185,552 for period ended September 30, 2011 and 2010, respectively(360)       (360)(360)
Comprehensive income1,583        1,583
Issuance of preferred stock4,3794,379        
Issuance of preferred stock (in shares) 4        
Issuance of common stock3 3       
Issuance of common stock (in shares)  3       
Stock based compensation expense27    27    
Nonvested restricted stock10   (55)65    
Dividends declared - preferred(279)     (279)   
Dividends declared - common(167)     (167)   
Balance at Sep. 30, 201047,79411,8412,23390(107)7,79925,494(1,805)2,249 
Balance (in shares) at Sep. 30, 2010 112,23390   (218)  
Balance at Dec. 31, 201045,81711,8412,23390(107)7,81325,965(1,805)(213) 
Balance (in shares) at Dec. 31, 2010 122,23390   (218)  
Increase (Decrease) in Stockholders' Equity          
Net income (loss)(64)     (64)  (64)
Unrealized holding gains on investment securities available for sale-net of taxes of $1,234,611 and $946,932 for period ended September 30, 2011 and 2010, respectively2,397       2,3972,397
Less reclassification adjustment for holding gains included in net income-net of taxes of $80,158 and $185,552 for period ended September 30, 2011 and 2010, respectively(156)       (156)(156)
Comprehensive income2,177        2,177
Issuance of common stock16 4  12    
Issuance of common stock (in shares)  4       
Nonvested restricted stock    16(16)    
Purchase of treasury stock(5)      (5)  
Purchase of treasury stock (in shares)       (1)  
Dividends declared - preferred(177)     (177)   
Dividends declared - common(169)     (169)   
Balance at Sep. 30, 2011$ 47,659$ 11,841$ 2,237$ 90$ (91)$ 7,809$ 25,555$ (1,810)$ 2,028 
Balance (in shares) at Sep. 30, 2011 122,23790   (219)