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Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income      
Loans, including fees $ 53,898,000 $ 62,356,000 $ 77,791,000
Securities, taxable 4,383,000 6,685,000 7,846,000
Securities, tax-exempt 1,415,000 1,805,000 2,291,000
Federal funds sold 192,000 199,000 176,000
Interest-bearing deposit balances 29,000 24,000 39,000
Total interest income 59,917,000 71,069,000 88,143,000
Interest expense      
Deposits 11,137,000 16,384,000 23,529,000
Short-term borrowings 157,000 405,000 1,410,000
Federal Home Loan Bank advances 993,000 2,033,000 5,509,000
Other borrowings 929,000 1,010,000 1,346,000
Total interest expense 13,216,000 19,832,000 31,794,000
Net interest income 46,701,000 51,237,000 56,349,000
Provision for loan losses (3,100,000) 6,900,000 31,800,000
Net interest income after provision for loan losses 49,801,000 44,337,000 24,549,000
Noninterest income      
Service charges on accounts 1,523,000 1,640,000 1,797,000
Earnings on bank owned life insurance 1,528,000 1,777,000 1,718,000
Mortgage banking activities 1,479,000 846,000 1,092,000
Rental income from other real estate owned 1,061,000 825,000 1,488,000
Credit and debit card fees 891,000 825,000 727,000
Payroll processing 591,000 515,000 494,000
Letter of credit fees 336,000 300,000 460,000
Net gain on sale of securities 0 0 476,000
Gain on sale of commercial loans 0 0 324,000
Other income 585,000 554,000 668,000
Total noninterest income 7,994,000 7,282,000 9,244,000
Noninterest expense      
Salaries and benefits 19,367,000 17,891,000 18,297,000
Occupancy 2,501,000 2,780,000 2,838,000
Furniture and equipment rent, depreciation and maintenance 1,176,000 1,206,000 1,481,000
Nonperforming asset costs 5,862,000 8,290,000 10,858,000
Data processing 3,193,000 2,719,000 2,598,000
FDIC insurance costs 1,200,000 2,843,000 4,370,000
Advertising 1,167,000 747,000 906,000
FHLB advance prepayment fees 0 213,000 1,021,000
Other expense 5,158,000 4,806,000 4,787,000
Total noninterest expenses 39,624,000 41,495,000 47,156,000
Income (loss) before federal income tax expense (benefit) 18,171,000 10,124,000 (13,363,000)
Federal income tax expense (benefit) 5,636,000 (27,361,000) (47,000)
Net income (loss) 12,535,000 37,485,000 (13,316,000)
Preferred stock dividends and accretion 1,030,000 1,343,000 1,295,000
Net income (loss) attributable to common shares $ 11,505,000 $ 36,142,000 $ (14,611,000)
Earnings (loss) per common share:      
Basic $ 1.33 $ 4.20 $ (1.72)
Diluted $ 1.30 $ 4.07 $ (1.72)