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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest Income      
Interest and fees on taxable loans $ 32,326 $ 32,954 $ 34,293
Interest and fees on tax-exempt loans 265 301 0
Interest and dividends on taxable investment securities 4,899 4,416 5,490
Interest and dividends on tax-exempt investment securities 470 457 446
Interest on federal funds sold and other interest-earning assets 300 145 80
Total interest income 38,260 38,273 40,309
Interest expense:      
Demand- interest bearing 796 590 427
Money market and savings 2,718 3,457 3,689
Time deposits 1,718 3,017 4,621
Other borrowings 1,134 1,135 1,508
Total interest expense 6,366 8,199 10,245
Net interest income 31,894 30,074 30,064
Provision for loan losses 1,350 15,966 16,600
Net interest income after provision for loan losses 30,544 14,108 13,464
Non-interest income:      
Loan advisory and servicing fees 1,251 480 403
Gain on sales of SBA loans 5,531 5,263 0
Service fees on deposit accounts 922 768 1,018
Legal settlements 155 2,780 0
Gain on sale of investment securities 737 640 1,254
Other-than-temporary impairment losses (35) (49) (476)
Portion recognized in other comprehensive income (before taxes) 1 7 104
Net impairment loss on investment securities (34) (42) (372)
Bank owned life insurance income 73 137 182
Other non-interest income 193 555 135
Total non-interest income 8,828 10,581 2,620
Non-interest expense:      
Salaries and employee benefits 16,512 15,197 12,597
Occupancy 3,454 3,336 3,970
Depreciation and amortization 2,006 2,107 2,029
Legal 2,966 1,948 1,889
Other real estate owned 763 7,301 1,999
Advertising 307 334 379
Data processing 1,187 1,163 864
Insurance 654 829 916
Professional fees 1,106 1,600 1,853
Regulatory assessments and costs 1,367 1,913 2,128
Taxes, other 594 862 787
Other operating expenses 4,986 4,610 3,437
Total non-interest expense 35,902 41,200 32,848
Income (loss) before provision (benefit) for income taxes 3,470 (16,511) (16,764)
Provision (benefit) for income taxes (144) 8,191 (6,074)
Net income (loss) $ 3,614 $ (24,702) $ (10,690)
Net income (loss) per share:      
Basic $ 0.14 $ (0.95) $ (0.57)
Diluted $ 0.14 $ (0.95) $ (0.57)