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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 20,450 $ 20,861
Interest-bearing deposits in other financial institutions 48,215 52,011
Total cash and cash equivalents 68,665 72,872
Securities available-for-sale, at fair value 385,826 380,455
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 4,778 753
Loans held-for-sale - other, at lower of cost or fair value, including deferred costs 184 413
Loans, including deferred costs 756,894 764,591
Allowance for loan losses (20,306) (20,700)
Loans, net 736,588 743,891
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 9,928 9,925
Company owned life insurance 47,067 46,388
Premises and equipment, net 7,883 7,980
Intangible assets 2,368 2,491
Accrued interest receivable and other assets 42,011 41,026
Total assets 1,305,298 1,306,194
Deposits:    
Demand, noninterest-bearing 356,618 344,303
Demand, interest-bearing 144,022 134,119
Savings and money market 292,009 282,478
Time deposits-under $100 27,949 28,557
Time deposits-$100 and over 168,726 168,874
Time deposits-CDARS 6,198 6,371
Time deposits-brokered 84,728 84,726
Total deposits 1,080,250 1,049,428
Subordinated debt 23,702 23,702
Accrued interest payable and other liabilities 41,450 35,233
Total liabilities 1,145,402 1,108,363
Shareholders' equity:    
Common stock, no par value; 60,000,000 shares authorized; 26,286,501 shares issued and outstanding at March 31, 2012 and 26,295,001 shares issued and outstanding at December 31, 2011 131,302 131,172
Retained earnings 7,887 7,172
Accumulated other comprehensive income 1,188 955
Total shareholders' equity 159,896 197,831
Total liabilities and shareholders' equity 1,305,298 1,306,194
Series A Preferred Stock
   
Shareholders' equity:    
Preferred stock, no par value   39,846
Discount on Series A preferred stock   (833)
Series C Preferred Stock
   
Shareholders' equity:    
Preferred stock, no par value $ 19,519 $ 19,519