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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      
Loans, including fees $ 38,140 $ 43,675 [1] $ 49,154 [1]
Securities, taxable 672 617 [1] 245 [1]
Other 245 209 [1] 134 [1]
Total interest income 39,057 44,501 [1] 49,533 [1]
Interest Expense      
Deposits 7,541 10,405 [1] 13,735 [1]
Long-term borrowings and subordinated debentures 4,961 5,182 [1] 5,594 [1]
Total interest expense 12,502 15,587 [1] 19,329 [1]
Net interest income 26,555 28,914 [1] 30,204 [1]
Provision for loan losses 765 4,612 [1] 5,744 [1]
Net interest income after provision for loan losses 25,790 24,302 [1] 24,460 [1]
Other Income      
Mortgage banking activities 2,065 576 [1] 843 [1]
Real estate commissions 644 657 [1] 594 [1]
Real estate management fees 655 625 [1] 573 [1]
Other 879 652 [1] 735 [1]
Total other income 4,243 2,510 [1] 2,745 [1]
Non-Interest Expenses      
Compensation and related expenses 11,906 10,155 [1] 9,583 [1]
Occupancy 740 1,247 [1] 1,466 [1]
Foreclosed real estate expenses, net 3,319 5,409 [1] 5,518 [1]
Legal 746 905 [1] 1,258 [1]
FDIC assessments and regulatory expense 1,444 1,670 [1] 1,948 [1]
Other 5,492 4,664 [1] 4,901 [1]
Total non-interest expenses 23,647 24,050 [1] 24,674 [1]
Income before income tax provision 6,386 2,762 [1] 2,531 [1]
Income tax provision 2,658 1,210 [1] 1,172 [1]
Net income 3,728 1,552 [1] 1,359 [1]
Amortization of discount on preferred stock 270 270 [1] 270 [1]
Dividends on preferred stock 1,240 1,450 [1] 1,450 [1]
Net income (loss) available to common stockholders $ 2,218 $ (168) [1] $ (361) [1]
Basic income (loss) per share (in dollars per share) $ 0.22 $ (0.02) [1] $ (0.04) [1]
Diluted income (loss) per share (in dollars per share) $ 0.22 $ (0.02) [1] $ (0.04) [1]
[1] Restated