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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
INTEREST INCOME        
Interest and fees on loans $ 10,186 $ 10,881 $ 31,009 $ 33,068
Interest on debt securities:        
Taxable 873 1,016 2,689 3,216
Nontaxable 212 225 641 688
Federal funds sold and other overnight interest-bearing deposits 6 6 35 43
Dividends on other securities 21 23 62 79
Total interest income 11,298 12,151 34,436 37,094
Interest on deposits:        
Savings, interest checking and money market 238 265 752 919
Time deposit accounts $100,000 and over 224 297 705 1,316
Other time deposits 535 979 2,275 2,286
Interest on federal funds purchased and securities sold under agreements to repurchase 7 7 17 17
Interest on subordinated notes 323 346 963 1,045
Interest on Federal Home Loan Bank advances 106 135 315 403
Total interest expense 1,433 2,029 5,027 5,986
Net interest income 9,865 10,122 29,409 31,108
Provision for loan losses   4,700 2,000 7,900
Net interest income after provision for loan losses 9,865 5,422 27,409 23,208
NON-INTEREST INCOME        
Service charges on deposit accounts 1,463 1,360 4,213 4,067
Trust department income 179 234 598 670
Real estate servicing fees, net 338 (62) 760 (348)
Gain on sale of mortgage loans, net 175 779 1,515 1,773
Gain on sale of investment securities   26 554 26
Other 292 343 903 905
Total non-interest income 2,447 2,680 8,543 7,093
NON-INTEREST EXPENSE        
Salaries and employee benefits 4,863 4,761 14,596 14,465
Occupancy expense, net 695 666 1,973 1,953
Furniture and equipment expense 474 431 1,438 1,403
FDIC insurance assessment 253 249 753 752
Legal, examination, and professional fees 207 284 727 880
Advertising and promotion 310 288 907 750
Postage, printing, and supplies 308 274 854 817
Processing expense 749 888 2,758 2,667
Other real estate expense, net 1,265 1,725 4,437 3,174
Other 848 812 2,745 3,094
Total non-interest expense 9,972 10,378 31,188 29,955
Income (loss) before income taxes 2,340 (2,276) 4,764 346
Income tax expense (benefit) 771 (704) 1,519 (273)
Net income (loss) 1,569 (1,572) 3,245 619
Preferred stock dividends   228 337 894
Accretion of discount on preferred stock   72 278 587
Total preferred stock dividends and accretion of discount on preferred stock   300 615 1,481
Net income (loss) available to common shareholders $ 1,569 $ (1,872) $ 2,630 $ (862)
Basic earnings (loss) per share (in dollars per share) $ 0.31 $ (0.37) $ 0.52 $ (0.17)
Diluted earnings (loss) per share (in dollars per share) $ 0.31 $ (0.37) $ 0.52 $ (0.17)