CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS:
Cash and due from banks	$ 17,815	$ 27,603
Interest bearing deposits with banks	19,766	24,185
Federal funds sold	621	181
Total cash and cash equivalents	38,202	51,969
Investment securities:
Securities available-for-sale at fair value	6,341	2,159
Securities held-to-maturity (fair value of $18,918 in 2011 and $9,383 in 2010)	19,051	9,489
Restricted investment securities - at cost	4,364	4,382
Loans receivable	354,079	379,919
Less: allowance for loan losses	(14,010)	(15,077)
Net loans receivable	340,069	364,482
Other real estate owned	22,119	17,994
Premises and equipment, net	11,573	11,625
Accrued interest receivable	1,509	1,754
Other intangible assets	469	469
Bank owned life insurance	8,180	8,078
Deferred tax assets	10,301	10,270
Other assets	9,083	4,164
TOTAL ASSETS	471,261	487,195
LIABILITIES:
Deposits	342,967	358,138
Other liabilities	11,982	9,780
Junior subordinated debentures	17,000	17,000
Advances from Federal Home Loan Bank of Atlanta	63,500	63,500
Other borrowed funds	1,169	1,169
Total liabilities	436,618	449,587
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value; authorized 1,000,000 shares, issued and outstanding 11,560 shares, liquidation preference $1,000 per share, in 2011 and 2010	11,127	11,053
Common stock, $.01 par value; authorized 10,000,000 shares, issued and outstanding 7,419,496 shares in 2011 and 3,699,096 shares in 2010	74	37
Additional paid in capital	12,298	12,277
Retained earnings	11,140	14,188
Accumulated other comprehensive income	4	53
Total stockholders' equity	34,643	37,608
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 471,261	$ 487,195