Consolidated Balance Sheet (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 60,436	$ 34,275
Securities available for sale	27,333	28,798
Loans held for sale	1,810	1,953
Loans, net of allowance of $8,050 and $9,758	171,482	190,767
FHLB stock	1,942	1,942
Loan servicing rights	47	57
Foreclosed assets, net	2,370	4,509
Premises and equipment, net	5,851	6,016
Assets held for sale	0	535
Other intangible assets	109	129
Bank owned life insurance	4,208	4,143
Accrued interest receivable and other assets	2,202	2,108
Total assets	277,790	275,232
Deposits
Noninterest bearing	19,638	20,392
Interest bearing	218,585	206,989
Total deposits	238,223	227,381
Long-term FHLB advances	18,742	23,942
Advances by borrowers for taxes and insurance	79	213
Accrued interest payable and other liabilities	3,309	2,552
Subordinated debentures	5,155	5,155
Total liabilities	265,508	259,243
Stockholders' equity
Preferred stock, Series A, $.01 par value; aggregate liquidation value $7,501 in 2011, $7,225 in 2010 1,000,000 shares authorized; 7,225 shares issued	7,094	7,069
Common stock, $.01 par value, shares authorized; 12,000,000 shares issued; 4,686,331 in 2011 and 2010	47	47
Common stock warrant	217	217
Additional paid-in capital	27,567	27,542
Accumulated deficit	(20,154)	(16,313)
Accumulated other comprehensive income	756	672
Treasury stock, at cost; 558,533 shares	(3,245)	(3,245)
Total stockholders' equity	12,282	15,989
Total liabilities and stockholders equity	$ 277,790	$ 275,232