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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST INCOME    
Loans $ 11,237 $ 10,533
Investment securities and other interest-earning assets 879 1,201
Total interest income 12,116 11,734
Interest-bearing deposits:    
Interest on transaction accounts 329 445
Interest on certificates of deposit 1,427 1,823
Total interest-bearing deposits 1,756 2,268
Other borrowings 235 288
Subordinated debentures 84 76
Total interest expense 2,075 2,632
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES 10,041 9,102
PROVISION FOR LOAN LOSSES   106
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 10,041 8,996
NONINTEREST INCOME    
Loan servicing fees 177 217
Deposit fees 501 448
Net gain from sales of loans   86
Net gain from sales of investment securities   164
Other-than-temporary impairment loss on investment securities, net (37) (214)
Gain on FDIC transaction   4,189
Other income 298 349
Total noninterest income 939 5,239
NONINTEREST EXPENSE    
Compensation and benefits 3,520 3,181
Premises and occupancy 878 800
Data processing and communications 367 301
Other real estate owned operations, net 147 263
FDIC insurance premiums 133 264
Legal and audit 486 392
Marketing expense 215 229
Office and postage expense 163 167
Other expense 732 762
Total noninterest expense 6,641 6,359
NET INCOME BEFORE INCOME TAXES 4,339 7,876
INCOME TAX 1,647 3,104
NET INCOME $ 2,692 $ 4,772
EARNINGS PER SHARE    
Basic (in dollars per share) $ 0.26 $ 0.47
Diluted (in dollars per share) $ 0.25 $ 0.44
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares) 10,335,935 10,049,311
Diluted (in shares) 10,626,174 10,857,123