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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash Flows from Operating Activities    
Net (loss) income $ (25,165) $ 3,728
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Amortization of deferred loan fees (876) (1,003)
Net amortization of premiums and Discounts 197 197
Provision for loan losses 16,520 765
Provision for depreciation 1,054 1,081
Provision for foreclosed real estate 4,610 3,284
Gain on sale of loans (3,750) (2,065)
Loss (gain) on sale of foreclosed real estate 367 (701)
Loss on disposal of fixed assets 134 0
Proceeds from loans sold to others 127,928 100,751
Loans originated for sale (116,788) (105,674)
Stock-based compensation expense 108 43
Deferred income tax expense 8,708 2,206
(Increase) decrease in accrued interest receivable and other assets (309) 2,261
Increase in accrued interest payable and other liabilities 687 910
Net cash provided by operating activities 13,425 5,783
Cash Flows from Investing Activities    
Purchase of investment securities held to maturity (16,048) (1,045)
Proceeds from maturing investment securities held to maturity 5,000 7,000
Principal collected on mortgage-backed securities held to maturity 256 139
Proceeds from sale of loans 34,413 0
Net (increase) decrease in loans (11,330) 28,583
Proceeds from sale of foreclosed real estate 8,586 19,530
Investment in foreclosed real estate (925) (374)
Investment in premises and equipment (578) (311)
Redemption of FHLB Stock 330 423
Net cash provided by investing activities 19,704 53,945
Cash Flows from Financing Activities    
Net decrease in deposits (28,145) (53,363)
Net cash used in financing activities (28,145) (53,726)
Increase in cash and cash equivalents 4,984 6,002
Cash and cash equivalents at beginning of year 93,392 87,390
Cash and cash equivalents at end of year 98,376 93,392
Cash paid during year for:    
Interest 8,655 12,355
Income taxes 1,437 2
Transfer of net loans to foreclosed real estate 10,169 13,248
Series A Preferred Stock [Member]
   
Cash Flows from Financing Activities    
Preferred stock dividend paid 0 (70)
Series B Preferred Stock [Member]
   
Cash Flows from Financing Activities    
Preferred stock dividend paid $ 0 $ (293)