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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Share data
Common stock
Preferred stock
Nonvested restricted stock
Additional paid-in capital
Accumulated other comprehensive income(loss)
Retained Earnings
Total
Balance at Dec. 31, 2009[1]$ 31$ 16,056$ (14)$ 33,674$ 484$ 9,610$ 59,841
Balance (in shares) at Dec. 31, 20093,094,481      
Increase (Decrease) in Stockholders' Equity [Roll Forward]       
Net income     450450
Comprehensive income, net of tax -       
Unrealized holding gain on securities available for sale    716 716
Reclassification adjustment included in net income, net of tax    (729) (729)
Total comprehensive income      437
Preferred stock transactions:       
Cash dividends on Series T preferred at annual dividend rate of 5%     (649)(649)
Discount accretion[1] 193   (193) 
Proceeds from exercise of stock warrants and options   295  295
Proceeds from exercise of stock warrants and options (in shares)48,700      
Amortization of deferred compensation on restricted stock  10   10
Compensation expense related to stock options   172  172
Balance at Sep. 30, 2010[1]3116,249(4)34,1414719,21860,106
Balance (in shares) at Sep. 30, 20103,143,181      
Balance at Dec. 31, 2010[1]3516,317 36,729(707)6,84259,216
Balance (in shares) at Dec. 31, 20103,457,877      
Increase (Decrease) in Stockholders' Equity [Roll Forward]       
Net income     1,6491,649
Comprehensive income, net of tax -       
Unrealized holding gain on securities available for sale    1,384 1,384
Reclassification adjustment included in net income, net of tax    (10) (10)
Total comprehensive income      3,023
Preferred stock transactions:       
Cash dividends on Series T preferred at annual dividend rate of 5%     (649)(649)
Discount accretion 207   (207) 
Proceeds from exercise of stock warrants and options   77  77
Proceeds from exercise of stock warrants and options (in shares)13,236      
Issuance of restricted stock  (20)20   
Issuance of restricted stock (in shares)2,500      
Cash in lieu of fractional shares     (1)1
Amortization of deferred compensation on restricted stock grants  3   3
Compensation expense related to stock options   199  199
Balance at Sep. 30, 2011[1]$ 35$ 16,524$ (17)$ 37,025$ 667$ 7,634$ 61,868
Balance (in shares) at Sep. 30, 20113,473,613      
[1]See Note 1 to financial statements for information related to a correction of an error.