XML 28 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (USD $)
Total
Preferred Stock
Common Stock
Common Stock Warrant
Retained Earnings (Deficit)
Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2009$ 140,104,000$ 19,839,000$ 172,438,000$ 1,138,000$ (54,170,000)$ 859,000
Accretion of preferred stock0177,000  (177,000) 
Employee stock purchase plan (7,702 and 3,531 shares in 2010 and 2011 respectively)35,000 35,000   
Dividend reinvestment plan (687 and 644 shares in 2010 and 2011 respectively)2,000 2,000   
Stock-based compensation expense378,000 378,000   
Cash dividends ($0.01 per common share in 2010)(85,000) (85,000)   
Preferred stock dividends(790,000)   (790,000) 
Comprehensive income (loss):      
Net income (loss) for the period from January 1 through Sep 30, in 2010 and 2011 respectively)(8,363,000)   (8,363,000) 
Change in net unrealized gain on securities available for sale, net of reclassifications3,243,000    3,243,000
Net unrealized gain on securities transferred from held to maturity to available for sale, net of tax effect274,000    274,000
Reclassification of unrealized gain on interest rate swaps, net of tax effect(64,000)    (64,000)
Total comprehensive (loss) income(4,910,000)     
Balance at Sep. 30, 2010134,734,00020,016,000172,768,0001,138,000(63,500,000)4,312,000
Balance at Dec. 31, 2010125,936,00020,077,000172,677,0001,138,000(68,781,000)825,000
Accretion of preferred stock0189,000  (189,000) 
Employee stock purchase plan (7,702 and 3,531 shares in 2010 and 2011 respectively)30,000 30,000   
Stock option exercises (8,800 shares in 2011)55,000 55,000   
Dividend reinvestment plan (687 and 644 shares in 2010 and 2011 respectively)6,000 6,000   
Stock-based compensation expense66,000 66,000   
Preferred stock dividends(822,000)   (822,000) 
Comprehensive income (loss):      
Net income (loss) for the period from January 1 through Sep 30, in 2010 and 2011 respectively)7,162,000   7,162,000 
Change in net unrealized gain on securities available for sale, net of reclassifications4,300,000    4,300,000
Total comprehensive (loss) income11,462,000     
Balance at Sep. 30, 2011$ 136,733,000$ 20,266,000$ 172,834,000$ 1,138,000$ (62,630,000)$ 5,125,000