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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Interest Income    
Loans, including fees $ 32,838 $ 38,140
Securities, taxable 636 672
Other 318 245
Total interest income 33,792 39,057
Interest Expense    
Deposits 4,706 7,541
Long-term borrowings and subordinated debentures 4,478 4,961
Total interest expense 9,184 12,502
Net interest income 24,608 26,555
Provision for loan losses 16,520 765
Net interest income after provision for loan losses 8,088 25,790
Non-Interest Income    
Mortgage banking activities 3,318 1,945
Real estate commissions 528 644
Real estate management fees 686 655
Other 997 879
Total other income 5,529 4,123
Non-Interest Expenses    
Compensation and related expenses 14,321 11,906
Occupancy 1,556 1,597
Foreclosed real estate expenses, net 6,132 3,319
Legal 798 746
FDIC assessments and regulatory expense 1,389 1,444
Professional fees 1,119 719
Advertising 624 626
Online charges 860 684
Credit reports and appraisal fees 856 517
Other 2,417 1,969
Total non-interest expenses 30,072 23,527
(Loss) income before income tax provision (16,455) 6,386
Income tax provision 8,710 2,658
Net (loss) income (25,165) 3,728
Amortization of discount on preferred stock 270 270
Dividends on preferred stock 1,170 1,240
Net (loss) income available to common stockholders $ (26,605) $ 2,218
Basic (loss) income per common share (in dollars per share) $ (2.64) $ 0.22
Diluted (loss) income per common share (in dollars per share) $ (2.64) $ 0.22