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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income:    
Loans $ 14,999 $ 16,002
Securities:    
Taxable 1,027 1,228
Tax-exempt 117 98
Other investments 43 42
Federal funds sold and other short-term investments 212 81
Total interest income 16,398 17,451
Interest expense:    
Time deposits 1,536 2,226
Demand and savings deposits 635 920
Junior subordinated debentures 336 324
Other borrowings 247 281
Total interest expense 2,754 3,751
Net interest income 13,644 13,700
Provision for loan losses 400 330
Net interest income after provision for loan losses 13,244 13,370
Noninterest income:    
Service fees 1,117 1,056
Loan-related fees 70 97
Letters of credit commissions and fees 197 184
Loss (gain) on securities transactions, net 12 (50)
Total other-than-temporary-impairment (“OTTI”) on securities (39) (105)
Less: Noncredit portion of OTTI   (17)
Net impairments on securities (39) (88)
Other noninterest income 446 460
Total noninterest income 1,803 1,659
Noninterest expenses:    
Salaries and employee benefits 5,921 5,245
Occupancy and equipment 1,689 1,802
Foreclosed assets, net 1,001 675
FDIC assessment 397 861
Other noninterest expense 1,925 3,180
Total noninterest expenses 10,933 11,763
Income before provision for income taxes 4,114 3,266
Provision for income taxes 1,346 1,140
Net income 2,768 2,126
Dividends and discount – preferred stock (598) (605)
Net income available to common shareholders $ 2,170 $ 1,521
Earnings per common share:    
Basic (in Dollars per share) $ 0.16 $ 0.12
Diluted (in Dollars per share) $ 0.16 $ 0.12
Weighted average common shares outstanding:    
Basic (in Shares) 13,169 13,136
Diluted (in Shares) 13,309 13,205