CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
INTEREST INCOME:
Interest and fees on loans	$ 5,365	$ 7,186	$ 11,191	$ 14,140
Interest on investment securities	97	73	154	118
Dividends on FHLB and FRB stock	17	12	34	24
Other interest income	15	14	33	23
Total interest income	5,494	7,285	11,412	14,305
INTEREST EXPENSE:
Interest expense on deposits	1,125	1,765	2,386	3,699
Interest expense on junior subordinated debentures	179	281	476	559
Interest expense on advances from FHLB	614	615	1,221	1,223
Interest expense on other borrowed funds	9	13	24	13
Total interest expense	1,927	2,674	4,107	5,494
NET INTEREST INCOME	3,567	4,611	7,305	8,811
PROVISION FOR LOAN LOSSES	4,500	1,360	5,000	2,270
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	(933)	3,251	2,305	6,541
NONINTEREST INCOME:
Deposit account fees	140	161	274	308
ATM fees	117	116	223	214
Commission income	0	1	1	2
Gain on sale of loans	30	55	87	69
Gain (loss) on sale of other real estate owned	(140)	137	(145)	185
Loss on investments	0	0	(50)	0
Income from bank owned life insurance	56	55	102	83
Other	75	74	149	165
Total noninterest income	278	599	641	1,026
NONINTEREST EXPENSE:
Salaries and employee benefits	1,405	1,486	2,689	2,819
Occupancy expense	177	174	400	394
Equipment and data processing expense	328	321	626	639
FDIC deposit insurance premiums	632	155	824	308
Other real estate owned expense and valuation	645	17	1,341	65
Other	766	592	1,547	1,161
Total noninterest expense	3,953	2,745	7,427	5,386
NET (LOSS) INCOME BEFORE INCOME TAXES	(4,608)	1,105	(4,481)	2,181
INCOME TAX (BENEFIT) EXPENSE	(1,874)	427	(1,833)	852
NET (LOSS) INCOME (CARRIED FORWARD)	(2,734)	678	(2,648)	1,329
NET (LOSS) INCOME (BROUGHT FORWARD)	(2,734)	678	(2,648)	1,329
OTHER COMPREHENSIVE INCOME
Unrealized gains (losses) on investment securities, net of deferred taxes	(36)	9	(49)	24
TOTAL COMPREHENSIVE (LOSS) INCOME	(2,770)	687	(2,697)	1,353
NET (LOSS) INCOME	(2,734)	678	(2,648)	1,329
PREFERRED STOCK DIVIDENDS AND DISCOUNT ACCRETION	(181)	(179)	(362)	(358)
NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS	$ (2,915)	$ 499	$ (3,010)	$ 971
(Loss) earnings per common share - basic	$ (0.39)	$ 0.07	$ (0.41)	$ 0.13
(Loss) earnings per common share - diluted	$ (0.39)	$ 0.07	$ (0.41)	$ 0.13
Dividends declared per common share	$ 0	$ 0	$ 0	$ 0