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Consolidated Statements Of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest and dividend income        
Loans, including fees $ 1,734 $ 1,769 $ 3,330 $ 3,660
Securities 43 58 103 121
FHLB stock dividends 20 21 41 43
Federal funds sold and other 37 41 71 81
Total interest and dividend income 1,834 1,889 3,545 3,905
Interest expense        
Deposits 421 557 829 1,150
Long-term FHLB advances and other debt 77 81 153 190
Subordinated debentures 42 45 83 92
Total interest expense 540 683 1,065 1,432
Net interest income 1,294 1,206 2,480 2,473
Provision for loan losses 324 200 650 400
Net interest income after provision for loan losses 970 1,006 1,830 2,073
Noninterest income        
Service charges on deposit accounts 83 58 156 117
Net gains on sales of loans 107 92 113 135
Loan servicing fees, net   5   13
Net gain on sales of securitites   143   143
Earnings on bank owned life insurance 33 32 65 65
Other 46 10 68 25
Total noninterest income 269 340 402 498
Noninterest expense        
Salaries and employee benefits 961 953 1,853 1,944
Occupancy and equipment 84 59 159 133
Data processing 143 137 306 279
Franchise taxes 85 46 170 101
Professional fees 175 199 387 417
Director fees 3 46 8 91
Postage, printing and supplies 69 56 127 104
Advertising and promotion 6 4 12 7
Telephone 21 16 37 33
Loan expenses 9 23 26 31
Foreclosed assets, net 1 188 (18) 206
Depreciation 53 62 107 129
FDIC premiums 36 142 147 298
Amortization of intangibles 10 10 19 20
Regulatory assessment 39 21 78 66
Other insurance 36 38 73 80
Other 62 30 105 55
Total non-interest expense 1,793 2,030 3,596 3,994
Income (loss) before incomes taxes (554) (684) (1,364) (1,423)
Income tax expense (benefit)            
Net loss (554) (684) (1,364) (1,423)
Preferred stock dividends and accretion of discount on preferred stock   (111)   (221)
Earnings (loss) attributable to common stockholders $ (554) $ (795) $ (1,364) $ (1,644)
Earnings (loss) per common share:        
Basic $ (0.04) $ (0.96) $ (0.09) $ (1.99)
Diluted $ (0.04) $ (0.96) $ (0.09) $ (1.99)