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Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Interest Income:    
Interest and fees on loans receivable $ 19,279 $ 24,376
Interest on mortgage-backed securities and other securities 491 700
Other interest income 121 39
Total interest income 19,891 25,115
Interest Expense:    
Interest on deposits 3,246 4,493
Interest on borrowings 3,180 3,558
Total interest expense 6,426 8,051
Net interest income before provision for loan losses 13,465 17,064
Provision for loan losses 1,190 12,153
Net interest income after provision for loan losses 12,275 4,911
Non-Interest Income:    
Service charges 593 692
Loan servicing fees, net (175) 13
Net losses on sale of loans (253) (88)
Net gains (losses) on sales of REO 292 (35)
Gain on sale of office properties and equipment 2,523 0
Gain on sale of securities 50 0
Other 103 131
Total non-interest income 3,133 713
Non-Interest Expense:    
Compensation and benefits 6,239 6,541
Occupancy expense, net 1,288 1,436
Information services 882 868
Professional services 692 962
(Recapture) provision for losses on loans held for sale (84) 1,612
Provision for losses on REO 1,218 2,654
FDIC insurance 860 1,017
Office services and supplies 447 539
Other 2,449 2,408
Total non-interest expense 13,991 18,037
Income (loss) before income taxes 1,417 (12,413)
Income tax expense 829 1,842
Net income (loss) 588 (14,255)
Other comprehensive (loss) income, net of tax:    
Unrealized gain (loss) on securities available for sale (203) 532
Reclassification of net gains included in net income (50) 0
Income tax effect 0 (224)
Other comprehensive (loss) income, net of tax (253) 308
Comprehensive income (loss) 335 (13,947)
Net income (loss) 588 (14,255)
Dividends and discount accretion on preferred stock (1,281) (1,114)
Loss available to common shareholders $ (693) $ (15,369)
Loss per common share-basic $ (0.38) $ (8.81)
Loss per common share-diluted $ (0.38) $ (8.81)