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Consolidated Statements Of Operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income:        
Interest on loans $ 2,178 $ 2,454 $ 6,744 $ 7,110
Interest on interest-bearing accounts 12 23 32 67
Total interest income 2,190 2,477 6,776 7,177
Interest expense:        
Borrowings from financial institutions 623 645 1,864 1,933
Notes payable 484 503 1,421 1,544
Total interest expense 1,107 1,148 3,285 3,477
Net interest income 1,083 1,329 3,491 3,700
Provision (credit) for loan losses 15 (185) 236 (177)
Net interest income after provision for loan losses 1,068 1,514 3,255 3,877
Non-interest income 92 79 202 133
Non-interest expenses:        
Salaries and benefits 613 916 1,754 2,055
Marketing and promotion 26 21 74 82
Office operations 317 331 935 977
Foreclosed assets, net 36 (148) 796 (188)
Legal and accounting 120 186 422 531
Total non-interest expenses 1,112 1,306 3,981 3,457
Income (loss) before provision for income taxes 48 287 (524) 553
Provision for income taxes 4 4 6 12
Net income (loss) $ 44 $ 283 $ (530) $ 541