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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Loans $ 9,469 $ 10,795 $ 20,262 $ 22,077
Securities and other earning assets 453 375 793 711
Total interest income 9,922 11,170 21,055 22,788
Interest expense:        
Deposits 2,772 2,871 5,725 5,959
Short-term borrowings 3 31 18 64
Long-term borrowings 755 921 1,775 1,853
Total interest expense 3,530 3,823 7,518 7,876
Net interest income 6,392 7,347 13,537 14,912
(reversal of) provision for loan losses   (428) 1,300 572
Net interest income after (reversal of) provision for loan losses 6,392 7,775 12,237 14,340
Noninterest income:        
Total other-than-temporary impairment ("OTTI") charges   43   81
Less: Portion included in other comprehensive income (pre-tax)   (43)   (541)
Net OTTI charges on AFS securities       (460)
Mortgage-banking revenue 5,366 11,117 15,155 20,066
ATM fees 623 701 1,139 1,418
Service fees on deposits 701 623 1,327 1,304
Gain on sale of AFS securities 24   55  
Loss on disposition and sale of premises and equipment and other assets (3) (230) (3) (322)
Commissions on sales of nondeposit investment products 114 87 159 149
Gain on sale of minority interest in Mariner Finance 2,885   2,885  
Income from BOLI 252 287 511 580
Other 343 249 684 479
Total noninterest income 10,305 12,834 21,912 23,214
Noninterest expense:        
Salaries and employee benefits 6,425 5,552 13,305 11,331
Occupancy 1,968 2,286 4,258 4,508
Furniture, fixtures, and equipment 396 324 785 686
Professional services 1,910 739 2,717 1,112
Advertising 335 231 777 420
Data processing 418 402 621 834
ATM servicing expenses 92 226 197 453
Write-downs, losses, and costs of real estate acquired through foreclosure 1,012 940 3,697 2,214
Federal Deposit Insurance Corporation ("FDIC") insurance premiums 1,128 1,074 2,338 2,122
Service and maintenance 791 564 1,507 1,155
Corporate Insurance 786 402 1,580 876
Consulting fees 417 316 829 924
Postage 943 422 1,994 681
Other 1,559 1,459 3,297 2,951
Total noninterest expense 18,180 14,937 37,902 30,267
Net (loss) income before income taxes (1,483) 5,672 (3,753) 7,287
Income tax expense (benefit) 1   1 (205)
Net (loss) income $ (1,484) $ 5,672 $ (3,754) $ 7,492
Net (loss) income per common share - basic and diluted (in dollars per share) $ (0.08) $ 0.30 $ (0.20) $ 0.40