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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 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest income:        
Interest and fees on loans receivable $ 3,689 $ 3,896 $ 7,315 $ 7,783
Interest on mortgage backed and other securities 104 80 168 169
Other interest income 82 86 188 134
Total interest income 3,875 4,062 7,671 8,086
Interest expense:        
Interest on deposits 427 582 888 1,206
Interest on borrowings 533 712 1,070 1,424
Total interest expense 960 1,294 1,958 2,630
Net interest income before recapture of loan losses 2,915 2,768 5,713 5,456
Recapture of loan losses (500)   (1,582)  
Net interest income after recapture of loan losses 3,415 2,768 7,295 5,456
Non-interest income:        
Service charges 113 129 230 271
Loan servicing fees, net (20) 4 (25) 10
Net gains on sales of loans   81   97
Net losses on sales of REO (47) (10) (50) (2)
Other 18 50 242 99
Total non-interest income 64 254 397 475
Non-interest expense:        
Compensation and benefits 1,607 1,495 3,195 2,949
Occupancy expense, net 296 323 580 663
Information services 218 206 437 423
Professional services 239 151 663 333
Provision for (recapture of) losses on loans held for sale   (2)   468
Provision for losses on REO 336 223 340 223
FDIC insurance 176 190 350 392
Office services and supplies 94 116 196 221
Other 454 547 880 1,097
Total non-interest expense 3,420 3,249 6,641 6,769
Income (loss) before income taxes 59 (227) 1,051 (838)
Income tax expense   1 3 6
Net income (loss) 59 (228) 1,048 (844)
Other comprehensive income (loss), net of tax:        
Change in unrealized gains on securities available for sale 94 (128) 73 (146)
Other comprehensive income (loss), net of tax 94 (128) 73 (146)
Comprehensive income (loss) 153 (356) 1,121 (990)
Net income (loss) 59 (228) 1,048 (844)
Dividends and discount accretion on preferred stock   (337)   (652)
Income (loss) available to common shareholders $ 59 $ (565) $ 1,048 $ (1,496)
Earnings (loss) per common share-basic (in dollars per share) $ 0.00 $ (0.29) $ 0.05 $ (0.78)
Earnings (loss) per common share-diluted (in dollars per share) $ 0.00 $ (0.29) $ 0.05 $ (0.78)
Dividends declared per share-common stock (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00