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Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Interest and fees on loans receivable $ 3,626 $ 3,887
Interest on mortgage backed and other securities 64 89
Other interest income 106 48
Total interest income 3,796 4,024
Interest expense:    
Interest on deposits 461 624
Interest on borrowings 537 712
Total interest expense 998 1,336
Net interest income before provision for (recapture of) loan losses 2,798 2,688
Provision for (recapture of) loan losses (1,082)  
Net interest income after provision for (recapture of) loan losses 3,880 2,688
Non-interest income:    
Service charges 118 142
Loan servicing fees, net (6) 6
Net gains on sales of loans   16
Net gains (losses) on sales of REO (3) 8
Other 224 49
Total non-interest income 333 221
Non-interest expense:    
Compensation and benefits 1,588 1,454
Occupancy expense, net 284 340
Information services 219 217
Professional services 424 182
Provision for losses on loans held for sale   470
Provision for losses on REO 4  
FDIC insurance 174 202
Office services and supplies 102 105
Other 426 550
Total non-interest expense 3,221 3,520
Income (loss) before income taxes 992 (611)
Income tax expense 3 5
Net income (loss) 989 (616)
Other comprehensive income (loss), net of tax:    
Change in unrealized gains on securities available for sale (21) (18)
Other comprehensive income (loss), net of tax (21) (18)
Comprehensive income (loss) 968 (634)
Net income (loss) 989 (616)
Dividends and discount accretion on preferred stock   (315)
Income (loss) available to common shareholders $ 989 $ (931)
Earnings (loss) per common share-basic (in dollars per share) $ 0.05 $ (0.49)
Earnings (loss) per common share-diluted (in dollars per share) $ 0.05 $ (0.49)
Dividends declared per share-common stock (in dollars per share) $ 0.00 $ 0.00