10-Q/A

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q/A

Amendment No. 1

þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2012

OR

o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 333-12892

MISSION COMMUNITY BANCORP

(Exact name of registrant as specified in its charter)

California	77-0559736
(State or other jurisdiction of incorporation)	(I.R.S. Employer Identification No.)

3380 S. Higuera St., San Luis Obispo, California  93401

(Address of principal executive offices)

(805) 782-5000

Issuer’s telephone number

Not applicable

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes þNo o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 or Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

þ Yes oNo

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer o	Accelerated filer  o
Non-accelerated filer o   (Do not check if a smaller reporting company)	Smaller reporting company þ

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

  Yes oNo þ

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date:  7,855,066 shares of common stock outstanding as of August 3, 2012.

Page 1 of 6

Mission Community Bancorp

Form 10-Q/A

EXPLANATORY NOTE

We are filing this Amended Quarterly Report on Form 10-Q/A to our Quarterly Report on Form 10-Q for the fiscal period ended June 30, 2012 (the “Original Filing”) to include the Exhibit 101 Interactive Data Files (XBRL files).  No other changes are being made to the Original filing.  The Original Filing was filed with the Securities and Exchange Commission on August 7, 2012.

Page 2 of 6

PART II - OTHER INFORMATION

Item 6.    Exhibits

Exhibit Index:

Exhibit #
2.1	Plan of Reorganization and Agreement of Merger dated as of October 4, 2000 (A)
3.1	Restated Articles of Incorporation  (I)
3.2	Certificate of Amendment to Articles of Incorporation (L)
3.3	Certificate of Amendment to Articles of Incorporation (Y)
3.4	Amended and Restated Bylaws  (DD)
4.1	Certificate of Determination for Series A Non-Voting Preferred Stock (B)
4.2	Certificate of Determination for Series B Non-Voting Preferred Stock (B)
4.3	Certificate of Determination for Series C Non-Voting Preferred Stock (D)
4.4	Indenture dated as of October 14, 2003 by and between Registrant and Wells Fargo Bank, National Association, as trustee (E)
4.5	Declaration of Trust of Mission Community Capital Trust I dated  October 10, 2003 (E)
4.6	Amended and Restated Declaration of Trust of Mission Community Capital Trust I dated October 14, 2003 by and among the Registrant, Wells Fargo Delaware Trust Company, as Trustee, and Anita M. Robinson and William C. Demmin, as Administrators (E)
4.7	Guarantee Agreement dated October 14, 2003 between Registrant, as Guarantor, and Wells Fargo Bank, National Association, as Guarantee Trustee (E)
4.8	Certificate of Determination for Series D Preferred Stock (R)
4.9	Form of Common Stock Purchase Warrant (Z)
4.10	Form of Warrant Agreement for warrants issued pursuant to subscription rights (AA)
4.11	Form of Warrant Issued to Replace Warrants Issued in 2010 Private Placement (EE)
4.12	Form of Warrant Issued to Replace Warrants Issued in 2011 Private Placement (EE)
4.13	Amended and Restated Declaration of Trust, dated as of April 28, 2006, of Santa Lucia Bancorp (CA) Capital Trust (FF)
4.14	Indenture dated as of April 28, 2006, between Wells Fargo Bank, National Association, as Trustee, and Santa Lucia Bancorp (FF)
4.15	First Supplemental Indenture dated as of October 21, 2011 between Wells Fargo Bank, National Association, as trustee, and Mission Community Bancorp (FF)
10.1	Purchase and Sale Agreement and Lease dated January, 1997, as amended (B)
10.2	Intentionally omitted
10.3	Lease Agreement – Paso Robles (B)
10.4	Lease Agreement – Arroyo Grande (B)
10.5	1998 Stock Option Plan, as amended (B)
10.6	Lease Agreement – 569 Higuera, San Luis Obispo (D)
10.7	Intentionally omitted
10.8	Lease Agreement – 3480  S. Higuera, San Luis Obispo (F)
10.9	Salary Protection Agreement — Mr. Pigeon (G)
10.10	Intentionally omitted

Page 3 of 6

Exhibit #
10.11	Employment Agreement dated June 3, 2007 between Brooks Wise and Mission Community Bank (J)
10.12	Financial Advisory Services Agreement dated January 4, 2007 between the Company and Seapower Carpenter Capital, Inc. (K)
10.13	Build-to-Suit Lease Agreement between Walter Bros. Construction Co., Inc. and Mission Community Bank for property at South Higuera Street and Prado Road in San Luis Obispo, California (N)
10.14	Lease Agreement – 1670 South Broadway, Santa Maria (O)
10.15	Mission Community Bancorp 2008 Stock Incentive Plan (P)
10.16	Amendment No. 1 to Second Amended and Restated Employment Agreement dated December 29, 2008 by and among Mission Community Bancorp, Mission Community Bank, and Anita M. Robinson (Q)
10.17	Amendment No. 1 to Employment Agreement dated December 29, 2008 by and among Mission Community Bancorp, Mission Community Bank, and Brooks W. Wise (Q)
10.18	Amended and Restated Salary Protection Agreement dated December 29, 2008 by and between Mission Community Bank and Ronald B. Pigeon (Q)
10.19	Letter Agreement dated January 9, 2009 between Mission Community Bancorp and the United States Department of Treasury, which includes the Securities Purchase Agreement—Standard Terms attached thereto, with respect to the issuance and sale of the Series D Preferred Stock (R)
10.20	Side Letter Agreement dated January 9, 2009 amending the Stock Purchase Agreement between Mission Community Bancorp and the Department of the Treasury (R)
10.21	Side Letter Agreement dated January 9, 2009 between Mission Community Bancorp and The Department of the Treasury regarding maintenance of two open seats on the Board of Directors (R)
10.22	Side Letter Agreement dated January 9, 2009 between Mission Community Bancorp and The Department of the Treasury regarding CDFI status (R)
10.23	Securities Purchase Agreement dated December 22, 2009 between the Company and Carpenter Fund Manager GP, LLC (“Securities Purchase Agreement”) (U)
10.24	Amendment No. 1 to Securities Purchase Agreement dated March 17, 2010 (V)
10.25	Amendment No. 2 to Employment Agreement of Brooks Wise dated March 22, 2010 (W)
10.26	Amendment No. 2 to Securities Purchase Agreement dated March 17, 2010 (X)
10.27	Employment Agreement dated July 1, 2010 between James W. Lokey and Mission Community Bancorp (Y)
10.28	Agreement and Plan of Merger dated as of June 24, 2011 by and among Carpenter Fund Manager GP, LLC; Mission Community Bancorp; Mission Community Bank; Santa Lucia Bancorp and Santa Lucia Bank (BB)
10.29	2011 Equity Incentive Plan (CC)
31.1	Certification of CEO pursuant to Section 302 of Sarbanes Oxley Act
31.2	Certification of CFO pursuant to Section 302 of Sarbanes Oxley Act
32.1	Certification of CEO pursuant to Section 906 of Sarbanes Oxley Act
32.2	Certification of CFO pursuant to Section 906 of Sarbanes Oxley Act
101	Interactive Data Files

Page 4 of 6

(A)	Included in the Company’s Form 8-K filed on December 18, 2000, and incorporated by reference herein.
(B)	Included in the Company’s Form 10-KSB filed on April 2, 2001, and incorporated by reference herein.
(C)	Included in the Company’s Form 10-QSB filed August 12, 2002, and incorporated by reference herein.
(D)	Included in the Company’s Form 10-QSB filed on November 12, 2002, and incorporated by reference herein.
(E)	Included in the Company’s Form 8-K filed on October 21, 2003, and incorporated by reference herein.
(F)	Included in the Company’s Form 10-QSB filed on August 10, 2004, and incorporated by reference herein.
(G)	Included in the Company’s Form 8-K filed on January 19, 2005, and incorporated by reference herein.
(H)	Intentionally omitted
(I)	Included in the Company’s Form 10-QSB filed on August 14, 2006, and incorporated by reference herein.
(J)	Included in the Company’s Form 8-K filed on June 13, 2007, and incorporated by reference herein.
(K)	Included in the Form SB-2 Registration Statement of the Company filed on June 13, 2007, and incorporated by reference herein.
(L)	Included in Pre-Effective Amendment No. 1 to the Form SB-2 Registration Statement of the Company filed on July 24, 2007, and incorporated by reference herein.
(M)	Included in the Company’s Form 8-K filed on August 14, 2007, and incorporated by reference herein.
(N)	Included in the Company’s Form 8-K filed on October 23, 2007, and incorporated by reference herein.
(O)	Included in the Company’s Form 10-KSB filed on March 28, 2008, and incorporated by reference herein.
(P)	Included in the Company’s Form 10-Q filed on May 15, 2008, and incorporated by reference herein.
(Q)	Included in the Company’s Form 8-K filed on December 30, 2008, and incorporated by reference herein.
(R)	Included in the Company’s Form 8-K filed on January 14, 2009, and incorporated by reference herein.
(S)	Included in the Company’s Form 10-Q filed on August 14, 2009, and incorporated by reference herein.
(T)	Included in the Company’s Form 10-K filed on March 16, 2009, and incorporated by reference herein.
(U)	Included in the Company’s From 8-K filed on December 24, 2009, and incorporated by reference herein.
(V)	Included in the Company’s Form 8-K filed on March 22, 2010, and incorporated by reference herein.
(W)	Included in the Company’s Form 8-K filed on March 26, 2010, and incorporated by reference herein.
(X)	Included in the Company’s Form 8-K filed on June 1, 2010, and incorporated by reference herein.
(Y)	Included in the Company’s Form 8-K filed on August 2, 2010, and incorporated by reference herein.
(Z)	Included in the Company’s Form S-1 Registration Statement filed on August 31, 2010, and incorporated by reference herein.
(AA)	Included in Amendment No. 1 to the Company’s Form S-1 Registration Statement filed on October 1, 2010, and incorporated by reference herein.
(BB)	Included in the Company’s Form 8-K filed on June 27, 2011, and incorporated by reference herein.
(CC)	Included in the Company’s Form 8-K filed on September 30, 2011, and incorporated by reference herein.
(DD)	Included in the Company's Form 8-K filed on March 29, 2012, and incorporated herein by reference.
(EE)	Included in the Company's Form 8-K on filed on March 26, 2012, and incorporated herein by reference.
(FF)	Included in the Company's Form 8-K filed on October 27, 2012, and incorporated herein by reference.

Page 5 of 6

Signatures

Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

MISSION COMMUNITY BANCORP

By:  /s/ James W. Lokey

JAMES W. LOKEY

Chairman and Chief Executive Officer

Dated:  September 6, 2012

By:  /s/ Mark R. Ruh

MARK R. RUH

Executive Vice President and Chief Financial Officer

Dated:  September 6, 2012

Page 6 of 6

EX-31.1

Exhibit 31.1

SARBANES-OXLEY ACT SECTION 302 CERTIFICATION

OF CHIEF EXECUTIVE OFFICER

I, James W. Lokey, certify that:

(1) I have reviewed this Form 10-Q of Mission Community Bancorp;

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this report;

(4) The issuer’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the issuer and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the issuer’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the issuer’s internal control over financial reporting that occurred during the issuer’s most recent fiscal quarter (the issuer’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the issuer’s internal control over financial reporting; and

(5) The issuer’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the issuer’s auditors and the audit committee of the issuer’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the issuer’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the issuer’s internal control over financial reporting.

Date:  September 6, 2012

/s/ James W. Lokey

Chairman and Chief Executive Officer

EX-31.2

Exhibit 31.2

SARBANES-OXLEY ACT SECTION 302 CERTIFICATION

OF CHIEF FINANCIAL OFFICER

I, Mark R. Ruh, certify that:

(1) I have reviewed this Form 10-Q of Mission Community Bancorp;

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this report;

(4) The issuer’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the issuer and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the issuer’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the issuer’s internal control over financial reporting that occurred during the issuer’s most recent fiscal quarter (the issuer’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the issuer’s internal control over financial reporting; and

(5) The issuer’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the issuer’s auditors and the audit committee of the issuer’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the issuer’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the issuer’s internal control over financial reporting.

Date:  September 6, 2012

/s/ Mark R. Ruh

Executive Vice President and Chief Financial Officer

EX-32.1

Exhibit 32.1

SARBANES-OXLEY ACT SECTION 906 CERTIFICATION CHIEF EXECUTIVE OFFICER

In connection with this quarterly report on Form 10-Q of Mission Community Bancorp (“the Company”) for the period ended June 30, 2012, I, James W. Lokey, Chairman and Chief Executive Officer, hereby certify pursuant to 18 U.S.C. §1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

1. This Form 10-Q for the period ended June 30, 2012, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in this Form 10-Q for the period ended June 30, 2012, fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:  September 6, 2012

By:      /s/ James W. Lokey

James W. Lokey

Chairman and Chief Executive Officer

EX-32.2

Exhibit 32.2

SARBANES-OXLEY ACT SECTION 906 CERTIFICATION  CHIEF FINANCIAL OFFICER

In connection with this quarterly report on Form 10-Q of Mission Community Bancorp (“the Company”) for the period ended June 30, 2012, I, Mark R. Ruh, Executive Vice President and Chief Financial Officer of the Company, hereby certify pursuant to 18 U.S.C. §1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

1. This Form 10-Q for the period ended June 30, 2012, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in this Form 10-Q for the period ended June 30, 2012, fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:  September 6, 2012

By:      /s/ Mark R. Ruh

Mark R. Ruh

Executive Vice President

and Chief Financial Officer

XML

Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) - Changes in the Allowance for Loan and Lease Losses (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2012	Dec. 31, 2011	Mar. 31, 2011	Dec. 31, 2010
Allowance for Loan Losses Balance	$ 3,781	$ 3,182	$ 3,781	$ 3,182	$ 3,562	$ 3,326	$ 3,245	$ 3,198
Provision for Loans Losses Charged (Credited) to Expense	225		450
Less Loans Charged Off	121	92	122	100
Plus Recoveries on Loans Previously Charged Off	115	29	127	84
Period Start [Member] | Construction and Land Development Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	149	625	149	625
Period Start [Member] | Construction and Land Development Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	157	531	157	531
Period Start [Member] | Commercial Real Estate Owner Occupied [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	256	312	256	312
Period Start [Member] | Commercial Real Estate Owner Occupied [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	253	164	253	164
Period Start [Member] | Commercial Real Estate Non Owner Occupied [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	539	475	539	475
Period Start [Member] | Commercial Real Estate Non Owner Occupied [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	675	697	675	697
Period Start [Member] | Residential Real Estate Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	711	431	711	431
Period Start [Member] | Residential Real Estate Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	640	501	640	501
Period Start [Member] | All Other Real Estate Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	4	3	4	3
Period Start [Member] | All Other Real Estate Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	4	4	4	4
Period Start [Member] | Commercial and Industrial Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	1,562	920	1,562	920
Period Start [Member] | Commercial and Industrial Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	1,363	1,021	1,363	1,021
Period Start [Member] | Consumer and All Other Loans and Lease Financing [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	185	110	185	110
Period Start [Member] | Consumer and All Other Loans and Lease Financing [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	124	124	124	124
Period Start [Member] | Unallocated [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	156	369	156	369
Period Start [Member] | Unallocated [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	110	156	110	156
Period Start [Member] | Total [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	3,562	3,245	3,562	3,245
Period Start [Member] | Total [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	3,326	3,198	3,326	3,198
Period End [Member] | Construction and Land Development Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	366	123	366	123
Period End [Member] | Construction and Land Development Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	366	123	366	123
Period End [Member] | Commercial Real Estate Owner Occupied [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	504	393	504	393
Period End [Member] | Commercial Real Estate Owner Occupied [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	504	390	504	390
Period End [Member] | Commercial Real Estate Non Owner Occupied [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	884	714	884	714
Period End [Member] | Commercial Real Estate Non Owner Occupied [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	883	714	883	714
Period End [Member] | Residential Real Estate Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	658	516	658	516
Period End [Member] | Residential Real Estate Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	658	517	658	517
Period End [Member] | All Other Real Estate Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	7	4	7	4
Period End [Member] | All Other Real Estate Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	7	5	7	5
Period End [Member] | Commercial and Industrial Loans [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	1,198	1,037	1,198	1,037
Period End [Member] | Commercial and Industrial Loans [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	1,198	1,037	1,198	1,037
Period End [Member] | Consumer and All Other Loans and Lease Financing [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	133	113	133	113
Period End [Member] | Consumer and All Other Loans and Lease Financing [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	134	114	134	114
Period End [Member] | Unallocated [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	31	282	31	282
Period End [Member] | Unallocated [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	31	282	31	282
Period End [Member] | Total [Member] | Three Months Ended [Member]
Allowance for Loan Losses Balance	3,781	3,182	3,781	3,182
Period End [Member] | Total [Member] | Six Months Ended [Member]
Allowance for Loan Losses Balance	3,781	3,182	3,781	3,182
Construction and Land Development Loans [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	217	(502)
Construction and Land Development Loans [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			209	(408)
Commercial Real Estate Owner Occupied [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	247	81
Plus Recoveries on Loans Previously Charged Off	1
Commercial Real Estate Owner Occupied [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			250	216
Plus Recoveries on Loans Previously Charged Off			1	10
Commercial Real Estate Non Owner Occupied [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	345	239
Commercial Real Estate Non Owner Occupied [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			208	17
Residential Real Estate Loans [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	(53)	168
Less Loans Charged Off		(83)
Residential Real Estate Loans [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			18	85
Less Loans Charged Off				(83)
Plus Recoveries on Loans Previously Charged Off				14
All Other Real Estate Loans [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	3	1
All Other Real Estate Loans [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			3	1
Commercial and Industrial Loans [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	(330)	100
Less Loans Charged Off	(100)	(9)
Plus Recoveries on Loans Previously Charged Off	66	26
Commercial and Industrial Loans [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			(140)	(32)
Less Loans Charged Off			(101)	(9)
Plus Recoveries on Loans Previously Charged Off			76	57
Consumer and All Other Loans and Lease Financing [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	(79)
Less Loans Charged Off	(21)
Plus Recoveries on Loans Previously Charged Off	48	3
Consumer and All Other Loans and Lease Financing [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			(19)	(5)
Less Loans Charged Off			(21)	(8)
Plus Recoveries on Loans Previously Charged Off			50	3
Unallocated [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	(125)	(87)
Unallocated [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			(79)	126
Total [Member] | Three Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense	225
Less Loans Charged Off	(121)	(92)
Plus Recoveries on Loans Previously Charged Off	115	29
Total [Member] | Six Months Ended [Member]
Provision for Loans Losses Charged (Credited) to Expense			450
Less Loans Charged Off			(122)	(100)
Plus Recoveries on Loans Previously Charged Off			$ 127	$ 84

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Note 9 - Business Combination (Detail) - Identifiable Assets Acquired and Liabilities Assumed (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012
Financial assets--
Cash and cash equivalents	$ 53,998
Investment securities	21,487
Loans	122,374
Federal Home Loan Bank and other stocks	1,574
Company-owned life insurance	4,690
Other financial assets	1,024
Total financial assets	205,147
Premises and equipment	13,591
Other real estate owned	2,742
Identifiable intangible assets	3,237
Other assets	289
Financial liabilities:
Deposits	(220,102)
Junior subordinated debt securities	(2,380)
Other financial liabilities	(162)
Total financial liabilities	(222,644)
Other liabilities	(325)
Identifiable net assets acquired / net contribution from shareholder	$ 2,037

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Note 8 - Fair Value Measurement (Detail) - Fair Value Assumptions (USD $)							6 Months Ended	12 Months Ended
	Oct. 22, 2021	Jun. 30, 2012	Dec. 31, 2011	Dec. 15, 2010	Jun. 15, 2010	Apr. 27, 2010	Jun. 30, 2012 2011 Warrants [Member]	Dec. 31, 2011 2011 Warrants [Member]	Dec. 31, 2011 June 2010 Warrants [Member]	Dec. 31, 2011 April 2010 Warrants [Member]
Outstanding common stock warrants subject to fair value accounting (in Dollars)		$ 150,000	$ 5,184,000				$ 153,876	$ 1,541,849	$ 3,000,000	$ 2,000,000
Warrant exercise price (in Dollars per Item)	4.54			5.00	5.00	5.00	4.54	4.54	5.00	5.00
Market price of common stock (in Dollars per share)							$ 3.01	$ 3.35	$ 3.35	$ 3.35
Average risk-free interest rate							1.54%	1.89%	0.36%	0.36%
Average expected volatility							34.61%	33.57%	44.01%	45.07%
Average expected life (in years)							9 years 113 days	9 years 295 days	3 years 167 days	3 years 116 days
Expected dividend yield							0.00%	0.00%	0.00%	0.00%

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Note 9 - Business Combination (Detail) - Pro Forma Information For The Acquisition (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2011
Net (loss)	$ (452)	$ (179)
Basic and diluted loss per share (in Dollars per share)	$ (0.10)	$ (0.10)
Interest Income [Member]
Pro Forma Revenue	5,518	11,355
Non-Interest Income [Member]
Pro Forma Revenue	$ 1,015	$ 1,997

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Note 6 - Preferred and Common Stock and Loss Per Share (Detail) - Calculation of Earnings (Loss) Per Common Share (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net income (loss)	$ 522	$ (567)	$ (309)	$ (482)
Net income (loss) attributable to common stock	349	(631)	(657)	(610)
Average common shares outstanding (in Shares)	7,766,055	7,094,274	7,760,561	7,094,274
Average common shares used for diluted EPS (in Shares)	7,766,055	7,094,274	7,760,561	7,094,274
Basic earnings (loss) per common share (in Dollars per share)	$ 0.04	$ (0.09)	$ (0.08)	$ (0.09)
Diluted earnings (loss) per common share (in Dollars per share)	$ 0.04	$ (0.09)	$ (0.08)	$ (0.09)
Non-Convertible Subsidiary Issued-Preferred [Member]
Net income (loss)	173		348
TARP Preferred (Series D) [Member]
Net income (loss)		64		128
Preferred Stock [Member]
Net income (loss)	$ 173	$ 64	$ 348	$ 128

XML

Note 3 - Investment Securities (Detail) - Investment Securities in a Temporary Unrealized Loss Position (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Available for sale securities unrealized loss position less than 12 months fair value	$ 29,773	$ 14,693
Available for sale securities unrealized loss position less than 12 months unrealized losses	86	76
Available for sale securities unrealized loss position 12 months or longer fair value	0	0
Available for sale securities unrealized loss position12 months or longer unrealized losses	0	0
Available for sale securities unrealized loss position fair value	29,773	14,693
Available for sale securities unrealized loss position unrealized losses	86	76
US Government Agencies Debt Securities [Member]
Available for sale securities unrealized loss position less than 12 months fair value	6,991	2,082
Available for sale securities unrealized loss position less than 12 months unrealized losses	13	12
Available for sale securities unrealized loss position 12 months or longer fair value	0	0
Available for sale securities unrealized loss position12 months or longer unrealized losses	0	0
Available for sale securities unrealized loss position fair value	6,991	2,082
Available for sale securities unrealized loss position unrealized losses	13	12
Residential Mortgage Backed Securities [Member]
Available for sale securities unrealized loss position less than 12 months fair value	18,392	9,731
Available for sale securities unrealized loss position less than 12 months unrealized losses	48	38
Available for sale securities unrealized loss position 12 months or longer fair value	0	0
Available for sale securities unrealized loss position12 months or longer unrealized losses	0	0
Available for sale securities unrealized loss position fair value	18,392	9,731
Available for sale securities unrealized loss position unrealized losses	48	38
US States and Political Subdivisions Debt Securities [Member]
Available for sale securities unrealized loss position less than 12 months fair value	0	240
Available for sale securities unrealized loss position less than 12 months unrealized losses	0	2
Available for sale securities unrealized loss position 12 months or longer fair value	0	0
Available for sale securities unrealized loss position12 months or longer unrealized losses	0	0
Available for sale securities unrealized loss position fair value	0	240
Available for sale securities unrealized loss position unrealized losses	0	2
Corporate Debt Securities [Member]
Available for sale securities unrealized loss position less than 12 months fair value	1,988	1,055
Available for sale securities unrealized loss position less than 12 months unrealized losses	12	4
Available for sale securities unrealized loss position 12 months or longer fair value	0	0
Available for sale securities unrealized loss position12 months or longer unrealized losses	0	0
Available for sale securities unrealized loss position fair value	1,988	1,055
Available for sale securities unrealized loss position unrealized losses	12	4
Asset-backed Securities [Member]
Available for sale securities unrealized loss position less than 12 months fair value	2,402	1,585
Available for sale securities unrealized loss position less than 12 months unrealized losses	13	20
Available for sale securities unrealized loss position 12 months or longer fair value	0	0
Available for sale securities unrealized loss position12 months or longer unrealized losses	0	0
Available for sale securities unrealized loss position fair value	2,402	1,585
Available for sale securities unrealized loss position unrealized losses	$ 13	$ 20

XML

Note 1 - Basis of Presentation and Management Representations (Detail)	Jun. 30, 2012
Number of Branches	5

XML

Note 8 - Fair Value Measurement (Detail) - Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 31, 2011
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	$ 254	$ (369)
Non-financial assets measured at fair value on a non-recurring basis:
Current Period Gains (Losses)	(288)	(113)
Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	741
Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	741
Construction and Land Development Loans [Member]
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	2	(21)
Commercial Real Estate Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	1,862
Commercial Real Estate Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	1,862
Commercial Real Estate Owner Occupied [Member]
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	13
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans, net of specific reserves--
Fair Value	0
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans, net of specific reserves--
Fair Value	0
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	0
Commercial Real Estate Non Owner Occupied [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	0
Commercial Real Estate Non Owner Occupied [Member]
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	0	(116)
Residential Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	61
Residential Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	61
Residential Real Estate Loans [Member]
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	124	(87)
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans, net of specific reserves--
Fair Value	0
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans, net of specific reserves--
Fair Value	0
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	0
All Other Real Estate Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	0
All Other Real Estate Loans [Member]
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	0
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	781	521
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	781	521
Commercial and Industrial Loans [Member]
Impaired loans, net of specific reserves--
Current Period Gains (Losses)	115	(145)
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of specific reserves--
Fair Value	3,445	521
Non-financial assets measured at fair value on a non-recurring basis:
Fair Value	2,299	5,220
Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Impaired loans, net of specific reserves--
Fair Value	3,445	521
Non-financial assets measured at fair value on a non-recurring basis:
Fair Value	$ 2,299	$ 5,220

XML

Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) - Impaired Loans (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Mar. 31, 2012	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010
Impaired Loans With an Allowance Recorded	$ 1,291	$ 396
Impaired Loans With No Allowance Recorded	2,428	1,451
Total Loans Individually Evaluated For Impairment	3,719	1,847
Loans Collectively Evaluated For Impairment	177,576	182,205
Loans Acquired With Deteriorated Credit Quality	38,056	45,897
Total Loans Held for Investment	219,351	229,949
Impaired Loans With An Allowance Recorded	1,337	443
Impaired Loans With No Allowance Recorded	3,060	1,563
Total Loans Individually Evaluated For Impairment	4,397	2,006
Loans Collectively Evaluated For Impairment	177,576	182,205
Total Loans Held for Investment	3,781	3,326	3,562	3,182	3,245	3,198
Impaired Loans With An Allowance Recorded	1,129	224
Impaired Loans With No Allowance Recorded	1,949	1,352
Total Loans Individually Evaluated For Impairment	3,078	1,576
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Unpaid Principal Balance [Member] | Construction and Land Development [Member]
Loans Collectively Evaluated For Impairment	11,988	11,617
Loans Acquired With Deteriorated Credit Quality	6,632	9,981
Total Loans Held for Investment	19,367	21,598
Loans Collectively Evaluated For Impairment	11,988	11,617
Unpaid Principal Balance [Member] | Owner Occupied [Member]
Loans Collectively Evaluated For Impairment	49,100	57,980
Loans Acquired With Deteriorated Credit Quality	17,954	16,350
Total Loans Held for Investment	69,018	75,375
Loans Collectively Evaluated For Impairment	49,100	57,980
Unpaid Principal Balance [Member] | Non Owner Occupied [Member]
Loans Collectively Evaluated For Impairment	52,940	42,406
Loans Acquired With Deteriorated Credit Quality	13,317	18,954
Total Loans Held for Investment	66,257	61,360
Loans Collectively Evaluated For Impairment	52,940	42,406
Unpaid Principal Balance [Member] | Residential Real Estate [Member]
Loans Collectively Evaluated For Impairment	28,213	27,103
Loans Acquired With Deteriorated Credit Quality	6,835	5,129
Total Loans Held for Investment	35,238	32,232
Loans Collectively Evaluated For Impairment	28,213	27,103
Unpaid Principal Balance [Member] | All Other Real Estate [Member]
Loans Collectively Evaluated For Impairment	1,880	2,033
Total Loans Held for Investment	1,880	2,033
Loans Collectively Evaluated For Impairment	1,880	2,033
Unpaid Principal Balance [Member] | Commerical and Industrial [Member]
Loans Collectively Evaluated For Impairment	30,551	34,519
Loans Acquired With Deteriorated Credit Quality	4,330	6,132
Total Loans Held for Investment	36,377	41,612
Loans Collectively Evaluated For Impairment	30,551	34,519
Unpaid Principal Balance [Member] | Consumer and All Other Loans and Leases [Member]
Loans Collectively Evaluated For Impairment	2,904	6,547
Loans Acquired With Deteriorated Credit Quality	188	191
Total Loans Held for Investment	3,092	6,738
Loans Collectively Evaluated For Impairment	2,904	6,547
Unpaid Principal Balance [Member]
Loans Collectively Evaluated For Impairment	177,576	182,205
Loans Acquired With Deteriorated Credit Quality	49,256	56,737
Total Loans Held for Investment	231,229	240,948
Loans Collectively Evaluated For Impairment	177,576	182,205
No Allowance Recorded [Member] | Construction and Land Development [Member]
Impaired Loans With An Allowance Recorded	2
No Allowance Recorded [Member] | Owner Occupied [Member]
Impaired Loans With An Allowance Recorded	13
No Allowance Recorded [Member] | Non Owner Occupied [Member]
Impaired Loans With An Allowance Recorded	0
No Allowance Recorded [Member] | Residential Real Estate [Member]
Impaired Loans With An Allowance Recorded	124
No Allowance Recorded [Member] | All Other Real Estate [Member]
Impaired Loans With An Allowance Recorded	0
No Allowance Recorded [Member] | Commerical and Industrial [Member]
Impaired Loans With An Allowance Recorded	135
No Allowance Recorded [Member] | Consumer and All Other Loans and Leases [Member]
Impaired Loans With An Allowance Recorded	0
No Allowance Recorded [Member]
Impaired Loans With An Allowance Recorded	274
Individually Evaluated for Impairment [Member] | Construction and Land Development [Member]
Total Loans Individually Evaluated For Impairment	2	0
Individually Evaluated for Impairment [Member] | Owner Occupied [Member]
Total Loans Individually Evaluated For Impairment	13	0
Individually Evaluated for Impairment [Member] | Non Owner Occupied [Member]
Total Loans Individually Evaluated For Impairment	0	0
Individually Evaluated for Impairment [Member] | Residential Real Estate [Member]
Total Loans Individually Evaluated For Impairment	124	0
Individually Evaluated for Impairment [Member] | All Other Real Estate [Member]
Total Loans Individually Evaluated For Impairment	0	0
Individually Evaluated for Impairment [Member] | Commerical and Industrial [Member]
Total Loans Individually Evaluated For Impairment	135	81
Individually Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member]
Total Loans Individually Evaluated For Impairment	0	0
Individually Evaluated for Impairment [Member]
Total Loans Individually Evaluated For Impairment	274	81
Collectively Evaluated for Impairment [Member] | Construction and Land Development [Member]
Loans Collectively Evaluated For Impairment	364	157
Collectively Evaluated for Impairment [Member] | Owner Occupied [Member]
Loans Collectively Evaluated For Impairment	491	253
Collectively Evaluated for Impairment [Member] | Non Owner Occupied [Member]
Loans Collectively Evaluated For Impairment	884	675
Collectively Evaluated for Impairment [Member] | Residential Real Estate [Member]
Loans Collectively Evaluated For Impairment	534	640
Collectively Evaluated for Impairment [Member] | All Other Real Estate [Member]
Loans Collectively Evaluated For Impairment	7	4
Collectively Evaluated for Impairment [Member] | Commerical and Industrial [Member]
Loans Collectively Evaluated For Impairment	1,063	1,282
Collectively Evaluated for Impairment [Member] | Consumer and All Other Loans and Leases [Member]
Loans Collectively Evaluated For Impairment	133	124
Collectively Evaluated for Impairment [Member] | Unallocated [Member]
Loans Collectively Evaluated For Impairment	31	110
Collectively Evaluated for Impairment [Member]
Loans Collectively Evaluated For Impairment	3,507	3,245
Acquired with Deteriorated Credit Quality [Member] | Construction and Land Development [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member] | Owner Occupied [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member] | Non Owner Occupied [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member] | Residential Real Estate [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member] | All Other Real Estate [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member] | Commerical and Industrial [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member] | Consumer and All Other Loans and Leases [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Acquired with Deteriorated Credit Quality [Member]
Loans Acquired With Deteriorated Credit Quality	0	0
Allowance Recorded [Member] | Construction and Land Development [Member]
Impaired Loans With An Allowance Recorded		0
Allowance Recorded [Member] | Owner Occupied [Member]
Impaired Loans With An Allowance Recorded		0
Allowance Recorded [Member] | Non Owner Occupied [Member]
Impaired Loans With An Allowance Recorded		0
Allowance Recorded [Member] | Residential Real Estate [Member]
Impaired Loans With An Allowance Recorded		0
Allowance Recorded [Member] | All Other Real Estate [Member]
Impaired Loans With An Allowance Recorded		0
Allowance Recorded [Member] | Commerical and Industrial [Member]
Impaired Loans With An Allowance Recorded		81
Allowance Recorded [Member] | Consumer and All Other Loans and Leases [Member]
Impaired Loans With An Allowance Recorded		0
Allowance Recorded [Member]
Impaired Loans With An Allowance Recorded		81
Construction and Land Development [Member]
Impaired Loans With an Allowance Recorded	199	0
Impaired Loans With No Allowance Recorded	544	0
Total Loans Individually Evaluated For Impairment	743	0
Loans Collectively Evaluated For Impairment	11,988	11,617
Loans Acquired With Deteriorated Credit Quality	2,810	5,830
Total Loans Held for Investment	15,541	17,447
Impaired Loans With An Allowance Recorded	200	0
Impaired Loans With No Allowance Recorded	547	0
Total Loans Individually Evaluated For Impairment	747	0
Loans Collectively Evaluated For Impairment	11,988	11,617
Total Loans Held for Investment	366	157
Impaired Loans With An Allowance Recorded	66	0
Impaired Loans With No Allowance Recorded	181	0
Total Loans Individually Evaluated For Impairment	247	0
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Owner Occupied [Member]
Impaired Loans With an Allowance Recorded	581	0
Impaired Loans With No Allowance Recorded	1,294	1,028
Total Loans Individually Evaluated For Impairment	1,875	1,028
Loans Collectively Evaluated For Impairment	49,100	57,980
Loans Acquired With Deteriorated Credit Quality	16,213	14,457
Total Loans Held for Investment	67,188	73,465
Impaired Loans With An Allowance Recorded	594	0
Impaired Loans With No Allowance Recorded	1,370	1,045
Total Loans Individually Evaluated For Impairment	1,964	1,045
Loans Collectively Evaluated For Impairment	49,100	57,980
Total Loans Held for Investment	504	253
Impaired Loans With An Allowance Recorded	588	0
Impaired Loans With No Allowance Recorded	1,298	1,011
Total Loans Individually Evaluated For Impairment	1,886	1,011
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Non Owner Occupied [Member]
Impaired Loans With an Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Loans Collectively Evaluated For Impairment	52,940	42,406
Loans Acquired With Deteriorated Credit Quality	11,564	17,003
Total Loans Held for Investment	64,504	59,409
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Loans Collectively Evaluated For Impairment	52,940	42,406
Total Loans Held for Investment	884	675
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Residential Real Estate [Member]
Impaired Loans With an Allowance Recorded	185	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	185	0
Loans Collectively Evaluated For Impairment	28,213	27,103
Loans Acquired With Deteriorated Credit Quality	4,843	4,425
Total Loans Held for Investment	33,241	31,528
Impaired Loans With An Allowance Recorded	190	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	190	0
Loans Collectively Evaluated For Impairment	28,213	27,103
Total Loans Held for Investment	658	640
Impaired Loans With An Allowance Recorded	125	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	125	0
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
All Other Real Estate [Member]
Impaired Loans With an Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Loans Collectively Evaluated For Impairment	1,880	2,033
Loans Acquired With Deteriorated Credit Quality	0	0
Total Loans Held for Investment	1,880	2,033
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Loans Collectively Evaluated For Impairment	1,880	2,033
Total Loans Held for Investment	7	4
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Commerical and Industrial [Member]
Impaired Loans With an Allowance Recorded	326	396
Impaired Loans With No Allowance Recorded	590	423
Total Loans Individually Evaluated For Impairment	916	819
Loans Collectively Evaluated For Impairment	30,551	34,519
Loans Acquired With Deteriorated Credit Quality	2,442	3,995
Total Loans Held for Investment	33,909	39,333
Impaired Loans With An Allowance Recorded	353	443
Impaired Loans With No Allowance Recorded	1,143	518
Total Loans Individually Evaluated For Impairment	1,496	961
Loans Collectively Evaluated For Impairment	30,551	34,519
Total Loans Held for Investment	1,198	1,363
Impaired Loans With An Allowance Recorded	350	224
Impaired Loans With No Allowance Recorded	470	341
Total Loans Individually Evaluated For Impairment	820	565
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Consumer and All Other Loans and Leases [Member]
Impaired Loans With an Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Loans Collectively Evaluated For Impairment	2,904	6,547
Loans Acquired With Deteriorated Credit Quality	184	187
Total Loans Held for Investment	3,088	6,734
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Loans Collectively Evaluated For Impairment	2,904	6,547
Total Loans Held for Investment	133	124
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Impaired Loans With An Allowance Recorded	0	0
Impaired Loans With No Allowance Recorded	0	0
Total Loans Individually Evaluated For Impairment	0	0
Unallocated [Member]
Total Loans Held for Investment	$ 31	$ 110

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) (USD $)	Jun. 30, 2012	Jun. 30, 2011
Financing Receivable, Modifications, Number of Contracts	4	1
Financing Receivable, Modifications, Recorded Investment (in Dollars)		$ 7,000
Modified in Current Reporting Period [Member]
Financing Receivable, Modifications, Recorded Investment (in Dollars)	743,000

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Note 8 - Fair Value Measurement (Detail) - The Estimated Fair Value of Financial Instruments (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Financial Assets:
Cash and due from banks	$ 27,256	$ 61,621
Cash and due from banks	27,256	61,621
Interest-bearing deposits in other banks	5,176	3,592
Interest-bearing deposits in other banks	5,176	3,592
Investment securities	171,472	128,310
Investment securities	171,472	128,310
Loans held for sale	4,280	3,720
Loans held for sale	4,280	3,720
Loans, net of allowance for loan and lease losses	215,570	226,623
Loans, net of allowance for loan and lease losses	213,272	224,721
Federal Home Loan Bank and other stocks	3,800	3,926
Federal Home Loan Bank and other stocks	3,800	3,926
Accrued interest receivable	1,277	1,450
Accrued interest receivable	1,277	1,450
Financial Liabilities:
Deposits	408,645	410,574
Deposits	408,912	411,323
Junior subordinated debt securities	5,548	5,491
Junior subordinated debt securities	4,176	4,527
Accrued interest payable	205	330
Accrued interest payable	205	330
Warrant liability	150	5,184
Warrant liability	$ 150	$ 5,184

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Note 7 - Income taxes (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Tax Expense (Benefit)	$ 3,000	$ 5,000	$ 3,000	$ 5,000
Internal Revenue Service (IRS) [Member]
Income Tax Expense (Benefit)			$ 0	$ 0

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Note 2 - Stock Based Compensation Plans

6 Months Ended

Jun. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 2 – Stock Based Compensation Plans

The Company has a stock option plan, adopted in 1998, which is more fully described in Note J to the consolidated financial statements in the Company’s Annual Report on Form 10-K.  The 1998 Stock Option Plan has been terminated with respect to the granting of future options under the Plan.  In 2008 the Company adopted the Mission Community Bancorp 2008 Stock Incentive Plan, which provides for the grant of various equity awards, including stock options.

On September 27, 2011 the Board of Directors of the Company approved and adopted the Mission Community Bancorp 2011 Equity Incentive Plan (the “2011 Plan”).  The 2011 Plan has also been approved by the Company’s shareholders.  The 2011 Plan provides for the issuance of both “incentive” and “nonqualified” stock options, restricted stock awards, stock appreciation rights and stock awards.  Awards under the 2011 Plan may be made to salaried officers and employees of the Company and its affiliates, to non-employee directors of the Company and its affiliates, and to consultants providing services to the Company and its affiliates.  Awards under the 2011 Plan may be granted on such terms and conditions as are established by the Board of Directors or an authorized Committee of the Board of Directors in its discretion.  Awards may be granted as performance-based compensation under section 162(m) of the Internal Revenue Code.

The Company determines the fair value of options granted on the date of grant using a Black-Scholes-Merton option pricing model, which uses assumptions based on expected option life, expected stock volatility and the risk-free interest rate. The expected volatility assumptions used by the Company are based on the historical volatility of the Company’s common stock over the most recent period commensurate with the estimated expected life of the Company’s stock options. The Company bases its expected life assumption on its historical experience and on the terms and conditions of the stock options it grants to employees. The risk-free rate is based on the U.S. Treasury yield curve for the periods within the contractual life of the options in effect at the time of the grant. The Company also makes assumptions regarding estimated forfeitures that will impact the total compensation expenses recognized.

No options were granted in the six months ended June 30, 2012.  The fair values of options granted in the six months ended June 30, 2011, were estimated on the date of grant using the following assumptions:

Date of grant	1/25/2011			4/4/2011
Number of options granted		20,000			20,000
Exercise price	$	5.00		$	5.00
Market price of common stock	$	3.65		$	3.61
Expected stock price volatility		37.4	%		37.3	%
Expected option life (years)	6			6
Risk-free interest rate		2.32	%		2.53	%
Weighted average fair value of all options granted during the period:
3 months ended 6/30/11				$	1.07
6 months ended 6/30/11				$	1.08

Page 8 of 52

During the three-month periods ended June 30, 2012 and 2011, the Company recognized pre-tax stock-based compensation expense of $38,000 and $35,000, respectively.  For the six-month periods ended June 30, 2012 and 2011, stock-based compensation expense was recognized totaling $73,000 and $69,000, respectively.As of June 30, 2012, the Company has unvested options outstanding with unrecognized compensation expense totaling $233,000, which is scheduled to be recognized as follows (in thousands):

July 1 through December 31, 2012	$	71
2013		85
2014		29
2015		29
2016		19
Total unrecognized compensation cost	$	233

No options outstanding were “in the money” as of June 30, 2012.

The following table summarizes information about stock option activity for the six months ended June 30, 2012:

	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value of In-the-Money Options
Outstanding at beginning of period		297,219		$	7.84
Options granted		-
Options exercised		-
Options forfeited		( 19,819	)		20.48
Outstanding at end of period		277,400		$	6.94		7.9	$	-
Options exercisable at end of period		131,838		$	8.67		6.9	$	-
Options Vested or Expected to Vest		277,400		$	6.94		7.9	$	-

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) - Accretable Discount for Loans Purchased (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Balance at beginning of period	$ 3,289
Balance at end of period	1,974
Measurement period adustments to Santa Lucia Bank fair values	(428)
Accretion to interest income	(690)
Loans reclassified to held for sale	(355)
Transfers from non-accretable discount to accretable	$ 158

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Note 2 - Stock Based Compensation Plans (Detail) - Stock Option Activity (USD $)	6 Months Ended
	Jun. 30, 2012
Outstanding at beginning of period	297,219
Outstanding at beginning of period (in Dollars per share)	$ 7.84
Outstanding at end of period	277,400
Outstanding at end of period (in Dollars per share)	$ 6.94
Outstanding at end of period	7 years 328 days
Options exercisable at end of period	131,838
Options exercisable at end of period (in Dollars per share)	$ 8.67
Options exercisable at end of period	6 years 328 days
Options Vested or Expected to Vest	277,400
Options Vested or Expected to Vest (in Dollars per share)	$ 6.94
Options Vested or Expected to Vest	7 years 328 days
Options granted	0
Options exercised	0
Options forfeited	(19,819)
Options forfeited (in Dollars per share)	$ 20.48

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Note 2 - Stock Based Compensation Plans (Detail) - Unrecognized Compensation Expense (USD $)	3 Months Ended		6 Months Ended			9 Months Ended	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2012	Jun. 30, 2012	Jun. 30, 2011	Sep. 30, 2010	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share based compensation	$ 38,000	$ 35,000	$ 71,000	$ 73,000	$ 69,000	$ 69,000	$ 19,000	$ 29,000	$ 29,000	$ 85,000
Total unrecognized compensation cost	$ 233,000			$ 233,000

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Note 6 - Preferred and Common Stock and Loss Per Share (Detail) (USD $)	0 Months Ended			1 Months Ended	6 Months Ended		120 Months Ended							1 Months Ended	0 Months Ended
	Jun. 15, 2010	Jun. 15, 2010	Apr. 27, 2010	Jun. 30, 2012	Jun. 30, 2012	Dec. 15, 2010	Oct. 22, 2021	Mar. 31, 2012	Dec. 31, 2011	Dec. 28, 2011	Oct. 21, 2011	Mar. 31, 2012 Conversion from Liability to Additional Paid in Capital [Member]	Dec. 15, 2010 Per Shareholder [Member]	Oct. 21, 2011 Series A Preferred Stock [Member]	Jun. 15, 2010 Carpenter [Member]	Jun. 13, 2010 Carpenter [Member]
Percentage of Series D (TARP) Preferred Stock										100.00%
Proceeds from Issuance or Sale of Equity (in Dollars)		$ 15,000,000	$ 10,000,000		$ 500,000
Common Stock, Shares, Issued	3,000,000	3,000,000	2,000,000	7,855,066	7,855,066				7,755,066
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	3,000,000	3,000,000	2,000,000			748,672			660,792		2,202,641		15
Investment Warrants Expiration Date	Dec. 31, 2008		Dec. 31, 2008				Dec. 10, 2008
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per Item)	5.00	5.00	5.00			5.00	4.54
Stock Issued During Period, Shares, New Issues						748,672									6,028,179
Proceeds from Issuance of Common Stock (in Dollars)						3,527,000
Proceeds from Issuance of Preferred Stock and Preference Stock (in Dollars)														10,000,000
Preferred Stock, Shares Issued														10,000
Preferred Stock, Redemption Amount (in Dollars)				600,000	600,000				3,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Exercised				100,000
Preferred Stock, Liquidation Preference, Value (in Dollars)				6,400,000	6,400,000
Warrants Outstanding								6,487,800
Warrants and Rights Outstanding (in Dollars)												$ 4,955,000
Common Stock, Shares, Outstanding				7,855,066	7,855,066				7,755,066							333,334
Sale of Stock, Percentage of Ownership before Transaction	24.70%
Sale of Stock, Percentage of Ownership after Transaction	76.70%

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Note 3 - Investment Securities (Detail) (USD $)	3 Months Ended
	Jun. 30, 2012
Gain (Loss) on Sale of Securities, Net	$ 526,000
Proceeds from Sale of Available-for-sale Securities, Equity	24,873,000
Unrealized Loss Position Less Than 12 Months [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	11
Public Deposits [Member]
Available-for-sale Securities Pledged as Collateral	10,410,000
Borrowing Facilities of Federal Home Loan Bank of San Francisco [Member]
Available-for-sale Securities Pledged as Collateral	$ 20,980,000

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Note 3 - Investment Securities (Detail) - Amortized Cost and Approximate Fair Values of Investment Securities (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Available for sale securites - amortized cost	$ 169,336	$ 126,615
Available for sale securities - unrealized gains	2,222	1,771
Available for sale securities - unrealized losses	(86)	(76)
Available for sale securities - fair value	171,472	128,310
US Government Agencies Debt Securities [Member]
Available for sale securites - amortized cost	64,113	26,098
Available for sale securities - unrealized gains	617	331
Available for sale securities - unrealized losses	(13)	(12)
Available for sale securities - fair value	64,717	26,417
Residential Mortgage Backed Securities [Member]
Available for sale securites - amortized cost	82,098	88,209
Available for sale securities - unrealized gains	1,285	1,122
Available for sale securities - unrealized losses	(48)	(38)
Available for sale securities - fair value	83,335	89,293
US States and Political Subdivisions Debt Securities [Member]
Available for sale securites - amortized cost	4,593	4,820
Available for sale securities - unrealized gains	230	239
Available for sale securities - unrealized losses		(2)
Available for sale securities - fair value	4,823	5,057
Corporate Debt Securities [Member]
Available for sale securites - amortized cost	3,037	2,059
Available for sale securities - unrealized gains	2
Available for sale securities - unrealized losses	(12)	(4)
Available for sale securities - fair value	3,027	2,055
Asset-backed Securities [Member]
Available for sale securites - amortized cost	15,495	5,429
Available for sale securities - unrealized gains	88	79
Available for sale securities - unrealized losses	(13)	(20)
Available for sale securities - fair value	$ 15,570	$ 5,488

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Note 1 - Basis of Presentation and Management Representations

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Note 1 – Basis of Presentation and Management Representations

The unaudited consolidated financial statements include accounts of Mission Community Bancorp (“the Company”) and its subsidiaries, Mission Community Bank (“the Bank”) and Mission Asset Management, Inc. (“MAM”), and the Bank’s subsidiary, Mission Community Development Corporation.  All material inter-company balances and transactions have been eliminated.

These financial statements have been prepared in accordance with the Securities and Exchange Commission’s rules and regulations for quarterly reporting and, therefore, do not necessarily include all information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles.  These financial statements should be read in conjunction with the Company’s Form 10-K for the year ended December 31, 2011, which was filed on March 30, 2012.

Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year.  In the opinion of management, the unaudited financial statements for the three-month and six-month periods ended June 30, 2012 and 2011 reflect all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position and results of operations.

The Bank has been organized as a single reporting segment and operates five branches in the Central Coast area of California (in the cities of San Luis Obispo, Paso Robles, Atascadero, Arroyo Grande and Santa Maria).  In addition, the Bank operates a loan production office in San Luis Obispo, with a primary focus on Small Business Administration (“SBA”) lending, and a Food and Agriculture Division, operating through a loan production office in Oxnard, California.

The Bank’s primary source of revenue is providing real estate, commercial (including SBA-guaranteed loans) and agricultural loans to customers, who are predominately small and middle-market businesses and individuals.

The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to applicable legal limits.

Certain reclassifications have been made to prior period balances to conform to classifications in 2012, with no impact to previously reported net loss or shareholders’ equity.

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Note 3 - Investment Securities (Detail) - Schedule of Maturities of Investment Securities (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012
Amortized Cost [Member]
Within one year	$ 7,476
Due in one year to five years	41,730
Due in five years to ten years	47,827
Due in greater than ten years	72,303
	169,336
Fair Value [Member]
Within one year	7,506
Due in one year to five years	41,876
Due in five years to ten years	48,386
Due in greater than ten years	73,704
	$ 171,472

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) - Company’s Loan Portfolio Allocated by Management's Internal Risk Ratings (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Financing Receivable	$ 219,351	$ 229,949
Pass [Member] | Construction and Land Development Loans [Member]
Financing Receivable	14,996	13,931
Pass [Member] | Commercial Real Estate Owner Occupied [Member]
Financing Receivable	63,475	68,899
Pass [Member] | Commercial Real Estate Non Owner Occupied [Member]
Financing Receivable	58,524	49,139
Pass [Member] | Residential Real Estate Loans [Member]
Financing Receivable	32,027	27,672
Pass [Member] | All Other Real Estate Loans [Member]
Financing Receivable	1,880	1,895
Pass [Member] | Commercial and Industrial Loans [Member]
Financing Receivable	30,228	32,154
Pass [Member] | Consumer and All Other Loans and Lease Financing [Member]
Financing Receivable	3,088	6,734
Pass [Member]
Financing Receivable	204,218	200,424
Special Mention [Member] | Construction and Land Development Loans [Member]
Financing Receivable	127	157
Special Mention [Member] | Commercial Real Estate Non Owner Occupied [Member]
Financing Receivable	5,108	5,154
Special Mention [Member] | Residential Real Estate Loans [Member]
Financing Receivable		491
Special Mention [Member] | All Other Real Estate Loans [Member]
Financing Receivable		138
Special Mention [Member] | Commercial and Industrial Loans [Member]
Financing Receivable	275	250
Special Mention [Member]
Financing Receivable	5,510	6,190
Substandard [Member] | Construction and Land Development Loans [Member]
Financing Receivable	418	3,359
Substandard [Member] | Commercial Real Estate Owner Occupied [Member]
Financing Receivable	3,713	4,566
Substandard [Member] | Commercial Real Estate Non Owner Occupied [Member]
Financing Receivable	872	5,116
Substandard [Member] | Residential Real Estate Loans [Member]
Financing Receivable	1,214	3,365
Substandard [Member] | Commercial and Industrial Loans [Member]
Financing Receivable	3,406	6,841
Substandard [Member]
Financing Receivable	9,623	23,247
Doubtful [Member] | Commercial and Industrial Loans [Member]
Financing Receivable		88
Doubtful [Member]
Financing Receivable		88
Construction and Land Development Loans [Member]
Financing Receivable	15,541	17,447
Commercial Real Estate Owner Occupied [Member]
Financing Receivable	67,188	73,465
Commercial Real Estate Non Owner Occupied [Member]
Financing Receivable	64,504	59,409
Residential Real Estate Loans [Member]
Financing Receivable	33,241	31,528
All Other Real Estate Loans [Member]
Financing Receivable	1,880	2,033
Commercial and Industrial Loans [Member]
Financing Receivable	33,909	39,333
Consumer and All Other Loans and Lease Financing [Member]
Financing Receivable	$ 3,088	$ 6,734

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Note 9 - Business Combination (Detail) (USD $)					3 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Oct. 21, 2011	Oct. 21, 2011 Combined Bank [Member]	Mar. 31, 2012 Fair Value Adjustment on Loans Receivable [Member]	Jun. 30, 2012 Fair Value Adjustment on Premises and Equipment [Member]	Jun. 30, 2012 Fair Value Adjustment of Other Real Estate Owned [Member]	Jun. 30, 2012 Fair Value Adjustment to Accrued Interest Receivable [Member]
Assets	$ 458,976,000	$ 463,312,000		$ 455,000,000
Deposit Liability, Current				414,000,000
Business Acquisition Excess Fair Value Allocated to Additional Paid in Capital			906,000
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain					$ 428,000	$ 569,000	$ 194,000	$ (61,000)

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Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Assets
Cash and due from banks	$ 27,256	$ 61,621
Certificates of deposit in other banks	5,176	3,592
Investment securities available for sale	171,472	128,310
Loans held for sale	4,280	3,720
Loans, net of unearned income	219,351	229,949
Less allowance for loan and lease losses	(3,781)	(3,326)
Net loans	215,570	226,623
Federal Home Loan Bank stock and other stock, at cost	3,800	3,926
Premises and equipment	16,027	16,282
Other real estate owned	2,299	5,220
Company owned life insurance	7,901	7,786
Core deposit intangible asset, net of accumulated amortization	2,967	3,170
Accrued interest and other assets	2,228	3,062
Total Assets	458,976	463,312
Deposits:
Noninterest-bearing demand	126,003	105,105
Money market, NOW and savings	159,483	156,273
Time certificates of deposit	123,159	149,196
Total deposits	408,645	410,574
Junior subordinated debt securities	5,548	5,491
Accrued interest and other liabilities	2,130	4,271
Warrant liability	150	5,184
Total liabilities	416,473	425,520
Mezzanine financing:
Common stock - 50,000,000 shares authorized; issued and outstanding: 7,855,066 at June 30, 2012 and 7,755,066 at December 31, 2011	41,325	40,825
Additional paid-in capital	8,533	3,505
Accumulated deficit	(17,095)	(16,438)
Accumulated other comprehensive income	2,135	1,695
Total shareholders' equity	34,898	29,587
Total Liabilities and Shareholders' Equity	458,976	463,312
Bancorp-Issued Preferred Stock Series A, B, and C [Member]
Mezzanine financing:
Redeemable preferred stock	1,205	1,205
Subsidiary-Issued Preferred Stock [Member]
Mezzanine financing:
Redeemable preferred stock	$ 6,400	$ 7,000

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Note 6 - Preferred and Common Stock and Loss Per Share (Detail) - Activity in the Company’s Outstanding Warrants (Warrant [Member], USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		12 Months Ended
	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
Warrant [Member]
Outstanding January 1, 2011		7,290,521	5,748,672
Outstanding January 1, 2011 (in Dollars per share)		$ 4.90	$ 5.00
Outstanding	7,290,348		7,290,521
Outstanding weighted average exercise price (in Dollars per share)	$ 4.99		$ 4.90
Warrants granted		6,487,800	2,202,641
Warrants granted weighted average exercise price (in Dollars per share)		$ 5.00	$ 4.54
Warrants cancelled in 1st qtr. 2012		(6,387,973)
Warrants cancelled in 1st qtr. 2012 (in Dollars per share)		$ 4.90
Warrants exercised	(100,000)		(660,792)
Warrants exercised weighted average exercise price (in Dollars per share)	$ 5.00		$ 4.54

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Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (USD $)	Scenario, Previously Reported [Member] Preferred Stock [Member]	Scenario, Previously Reported [Member] Common Stock [Member]	Scenario, Previously Reported [Member] Additional Paid-in Capital [Member]	Scenario, Previously Reported [Member] Comprehensive Income [Member]	Scenario, Previously Reported [Member] Retained Earnings [Member]	Scenario, Actual [Member] Preferred Stock [Member]	Scenario, Actual [Member] Common Stock [Member]	Scenario, Actual [Member] Additional Paid-in Capital [Member]	Scenario, Actual [Member] Comprehensive Income [Member]	Scenario, Actual [Member] Retained Earnings [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Comprehensive Income [Member]	Retained Earnings [Member]	Total
Balance at January 1, 2012, as adjusted at Dec. 31, 2010
Balance at December 31, 2011, as previously reported	$ 7,755,066,000	$ 2,375,000	$ (16,438,000)	$ 1,695,000	$ 28,457,000
Balance at December 31, 2011, as previously reported (in Shares)		40,825
Adjustment to net contribution from shareholder recognized in additional paid-in capital for Santa Lucia merger		1,130,000			1,130,000
Balance at June 30, 2012 at Dec. 31, 2011	7,755,066,000	2,375,000	(16,438,000)	1,695,000	28,457,000	7,755,066,000	3,505,000	(16,438,000)	1,695,000	29,587,000						29,587,000
Balance at June 30, 2012 (in Shares) at Dec. 31, 2011		40,825					40,825
Balance at December 31, 2011, as previously reported											7,855,066,000	8,533,000	(17,095,000)	2,135,000	34,898,000	34,898,000
Balance at December 31, 2011, as previously reported (in Shares)												41,325
Adjustment to net contribution from shareholder recognized in additional paid-in capital for Santa Lucia merger																1,130,000
Exercise of common stock warrants						100,000,000				500,000
Exercise of common stock warrants (in Shares)							500
Dividends declared on subsidiary-issued preferred stock								(348,000)		(348,000)						348,000
Stock-based compensation							73,000			73,000						73,000
Cancellation of warrants accounted for as liabilities							4,955,000			4,955,000
Net (loss)								(309,000)		(309,000)						(309,000)
Other comprehensive income									440,000	440,000						131,000
Balance at June 30, 2012 at Jun. 30, 2012											7,855,066,000	8,533,000	(17,095,000)	2,135,000	34,898,000	34,898,000
Balance at June 30, 2012 (in Shares) at Jun. 30, 2012												41,325
Balance at January 1, 2012, as adjusted at Mar. 31, 2012
Balance at December 31, 2011, as previously reported											7,855,066,000	8,533,000	(17,095,000)	2,135,000	34,898,000	34,898,000
Balance at December 31, 2011, as previously reported (in Shares)												41,325
Dividends declared on subsidiary-issued preferred stock																173,000
Stock-based compensation																38,000
Net (loss)																522,000
Other comprehensive income																674,000
Balance at June 30, 2012 at Jun. 30, 2012											$ 7,855,066,000	$ 8,533,000	$ (17,095,000)	$ 2,135,000	$ 34,898,000	$ 34,898,000
Balance at June 30, 2012 (in Shares) at Jun. 30, 2012												41,325

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Note 4 - Loans (Detail) - Loans by Type (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Financing receivable carrying amount (in Dollars)	$ 223,631	$ 233,669
Financing receivable percentage of loan portfolio	100.00%	100.00%
Construction and Land Development Loans [Member]
Financing receivable carrying amount (in Dollars)	17,293	18,022
Financing receivable percentage of loan portfolio	7.70%	7.60%
Commercial Real Estate Owner Occupied [Member]
Financing receivable carrying amount (in Dollars)	68,264	70,153
Financing receivable percentage of loan portfolio	30.50%	30.00%
Commercial Real Estate Non Owner Occupied [Member]
Financing receivable carrying amount (in Dollars)	64,484	64,382
Financing receivable percentage of loan portfolio	28.80%	27.60%
Residential Real Estate Loans [Member]
Financing receivable carrying amount (in Dollars)	34,224	32,609
Financing receivable percentage of loan portfolio	15.30%	14.00%
All Other Real Estate Loans [Member]
Financing receivable carrying amount (in Dollars)	2,003	2,321
Financing receivable percentage of loan portfolio	0.90%	1.00%
Commercial and Industrial Loans [Member]
Financing receivable carrying amount (in Dollars)	28,780	30,176
Financing receivable percentage of loan portfolio	12.90%	12.90%
Agricultural Loans [Member]
Financing receivable carrying amount (in Dollars)	3,119	9,272
Financing receivable percentage of loan portfolio	1.40%	4.00%
Municipal Loans [Member]
Financing receivable carrying amount (in Dollars)	2,384	2,393
Financing receivable percentage of loan portfolio	1.10%	1.00%
Finance Leases Financing Receivable [Member]
Financing receivable carrying amount (in Dollars)	1,722	2,323
Financing receivable percentage of loan portfolio	0.80%	1.00%
Consumer Other Financing Receivable [Member]
Financing receivable carrying amount (in Dollars)	$ 1,358	$ 2,018
Financing receivable percentage of loan portfolio	0.60%	0.90%

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Note 6 - Preferred and Common Stock and Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

	Shares			Weighted Average Exercise Price
Outstanding January 1, 2011		5,748,672			5.00
Warrants granted in 2011		2,202,641		$	4.54
Warrants exercised in 2011		( 660,792	)		4.54
Outstanding December 31, 2011		7,290,521		$	4.90
Warrants granted in 1st qtr. 2012		6,487,800		$	5.00
Warrants cancelled in 1st qtr. 2012		( 6,387,973	)		4.90
Warrants exercised in 2nd qtr. 2012		( 100,000	)		5.00
Outstanding June 30, 2012		7,290,348		$	4.99

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(in thousands, except per share data)	Three Months Ended					Six Months Ended
	June 30, 2012		June 30, 2011			June 30, 2012			June 30, 2011
Net income (loss)	$	522	$	(567	)	$	(309	)	$	(482	)
Less dividends on preferred stock:
Non-convertible subsidiary-issued preferred stock		173		-			348			-
TARP preferred stock (Series D)		-		64			-			128
Net income allocated to all classes of preferred stock		173		64			348			128
Net income (loss) attributable to common stock	$	349	$	(631	)	$	(657	)	$	(610	)
Average common shares outstanding		7,766,055		7,094,274			7,760,561			7,094,274
Dilutive effect of outstanding stock options		-		-			-			-
Average common shares used for diluted EPS		7,766,055		7,094,274			7,760,561			7,094,274
Basic earnings (loss) per common share	$	0.04	$	(0.09	)	$	(0.08	)	$	(0.09	)
Diluted earnings (loss) per common share	$	0.04	$	(0.09	)	$	(0.08	)	$	(0.09	)

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Note 4 - Loans (Detail) - Loans Held for Sale (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Loans held for sale carrying amount (in Dollars)	$ 4,280	$ 3,720
Loans held for sale percentage of total loans	1.90%	1.60%
Commercial Loan [Member]
Loans held for sale carrying amount (in Dollars)	571	115
Loans held for sale percentage of total loans	0.30%	0.00%
Real Estate Loans [Member]
Loans held for sale carrying amount (in Dollars)	1,955	3,030
Loans held for sale percentage of total loans	0.90%	1.30%
Construction and Land Development Loans [Member]
Loans held for sale carrying amount (in Dollars)	$ 1,754	$ 575
Loans held for sale percentage of total loans	0.80%	0.20%

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Note 9 - Business Combination (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Recognized amounts of identifiable assets acquired and liabilities assumed:
Financial assets--
Cash and cash equivalents	$	53,998
Investment securities		21,487
Loans		122,374
Federal Home Loan Bank and other stocks		1,574
Company-owned life insurance		4,690
Other financial assets		1,024
Total financial assets		205,147
Premises and equipment		13,591
Other real estate owned		2,742
Identifiable intangible assets		3,237
Other assets		289
Financial liabilities:
Deposits		(220,102	)
Junior subordinated debt securities		(2,380	)
Other financial liabilities		(162	)
Total financial liabilities		(222,644	)
Other liabilities		(325	)
Identifiable net assets acquired / net contribution from shareholder	$	2,037

Business Acquisition, Pro Forma Information [Table Text Block]

(in thousands)	Three Months Ended June 30, 2011			Six Months Ended June 30, 2011
Interest income	$	5,518		$	11,355
Non-interest income		1,015			1,997
Net (loss)		(452	)		(179	)
Basic and diluted loss per share	$	(0.10	)	$	(0.10	)

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Operating Activities
Net (loss) income	$ (309,000)	$ (482,000)
Adjustments to reconcile net (loss) income to net cash (used in) operating activities:
Depreciation	479,000	252,000
Accretion of discount on securities and loans, net	684,000	257,000
Amortization of core deposit intangible asset	202,000
Accretion of discount on assets acquired in merger	(1,670,000)
Amortization of discount on liabilities assumed in merger	56,000
Provision for loan and lease losses	450,000
Stock-based compensation	73,000	69,000
Gain on sale of available-for-sale securities	(527,000)
Gain on sale of loans	(8,000)	(141,000)
Gains on disposition of loans held for sale	(26,000)	(46,000)
Change in the fair value of warrant liability	(79,000)	(959,000)
Net losses and writedowns of fixed assets or other real estate owned	288,000	(23,000)
Increase in company-owned life insurance	(115,000)	(45,000)
Other, net	(145,000)	(260,000)
Proceeds from loan sales	101,000	1,440,000
Loans originated for sale		(1,562,000)
Net cash used in operating activities	(546,000)	(1,500,000)
Investing Activities
Net decrease (increase) in deposits in other banks	(1,584,000)	248,000
Purchase of available-for-sale securities	(87,337,000)	(22,033,000)
Proceeds from maturities, calls and paydowns of available-for-sale securities	19,557,000	6,142,000
Proceeds from sales of available-for-sale securities	24,873,000
Net decrease (increase) in loans held for investment	6,582,000	(766,000)
Net decrease in loans held for sale	3,456,000	3,926,000
Net decrease in Federal Home Loan Bank and other stock	126,000	193,000
Purchases of premises and equipment	(247,000)	(191,000)
Additional investments in other real estate owned		(111,000)
Proceeds from sale of premises and equipment	17,000
Proceeds from sale of other real estate owned	3,132,000	1,507,000
Net cash provided by (used in) investing activities	(31,425,000)	(11,085,000)
Financing Activities
Net increase (decrease) in demand deposits and savings accounts	24,108,000	1,797,000
Net increase (decrease) in time deposits	(26,037,000)	7,243,000
Net decrease in other borrowings	(600,000)	(349,000)
Additional costs of 2010 shareholder rights offering		(40,000)
Proceeds from exercise of common stock warrants	500,000
Payment of dividends on preferred stock	(365,000)	(128,000)
Net cash provided by (used in) financing activities	(2,394,000)	8,523,000
Net increase (decrease) in cash and cash equivalents	(34,365,000)	(4,062,000)
Cash and cash equivalents at beginning of period	61,621,000	10,817,000
Cash and cash equivalents at end of period	27,256,000	6,755,000
Non-cash changes:
Change in unrealized gains (losses) on available-for-sale securities	440,000	925,000
Loans reclassified to held for sale	4,583,000
Real estate acquired by foreclosure	492,000	1,069,000
Adjustments to net contribution from shareholder recognized in additional paid-in capital for Santa Lucia merger	1,130,000
Cancellation of warrants accounted for as liabilities	(4,955,000)
Supplemental disclosures of cash flow information:
Interest paid	933,000	760,000
Taxes paid	$ 3,000	$ 2,000

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Condensed Consolidated Balance Sheets (Parentheticals) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Liquidation value (in Dollars)	$ 6,400,000
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	7,855,066	7,755,066
Common stock, shares outstanding	7,855,066	7,755,066
Bancorp-Issued Preferred Stock Series A, B, and C [Member]
Liquidation value (in Dollars)	1,205,000	1,205,000
Subsidiary-Issued Preferred Stock [Member]
Liquidation value (in Dollars)	$ 6,400,000	7,000,000

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Note 10 - Recent Accounting Pronouncements

6 Months Ended

Jun. 30, 2012

Description of New Accounting Pronouncements Not yet Adopted [Text Block]

Note 10 — Recent Accounting Pronouncements

Fair Value Measurement

In May 2011, FASB issued Accounting Standards Update (“ASU”) ASU 2011-04, Fair Value Measurement (Topic 820) – Amendments to Achieve Common Fair Value Measurements and Disclosure Requirements in U.S. GAAP and IFRS.  ASU 2011-04 amends Topic 820, Fair Value Measurements and Disclosures, to converge the fair value measurement guidance under U.S. generally accepted accounting principles and International Financial Reporting Standards.  ASU 2011-04 clarifies the application of existing fair value measurement requirements, changes certain principles in Topic 820 and requires additional fair value disclosures.  ASU 2011-04 is effective for interim and annual periods beginning after December 15, 2011.  Adoption of ASU 2011-04 in the quarter ended March 31, 2012, did not have a significant on the Company’s consolidated financial statements.

Comprehensive Income

In June 2011, FASB issued ASU 2011-05, Comprehensive Income (Topic 220) – Presentation of Comprehensive Income.  ASU 2011-05 amends Topic 220, Comprehensive Income, to require that all nonowner changes in shareholders’ equity be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements.  Additionally, ASU 2011-05 requires entities to present, on the face of the financial statements, reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement or statements where the components of net income and the components of other comprehensive income are presented.  The option to present components of other comprehensive income as part of the statement of changes in shareholders’ equity was eliminated.  ASU 2011-05 is effective for interim and annual periods beginning after December 15, 2011.  Additionally, in December 2011, FASB issued ASU 2011-12, Deferral of the Effective Date for Amendments to the Reclassification of Items Out of Accumulated Other Comprehensive Income in ASU 2011-05.  ASU 2011-12 defers the effective date for the changes in ASU 2011-05 that specifically refer to the presentation of the effects of reclassification adjustments out of accumulated other comprehensive income on the components of net income and other comprehensive income on the face of the financial statements for all periods presented.  ASU 2011-12 reinstates the requirements of the presentation of reclassifications out of accumulated other comprehensive income that were in place before the issuance of ASU 2011-05.  The Company will continue to disclose the effects of reclassifications in the footnotes to the financial statements.  The effective date for ASU 2011-12 is the same as for ASU 2011-05.  Neither ASU 2011-05 nor ASU 2011-12 had a significant impact on the consolidated financial statements.

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Document And Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 03, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	Mission Community Bancorp
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		7,855,066
Amendment Flag	false
Entity Central Index Key	0001129920
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2

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Note 2 - Stock Based Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2012

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

Date of grant	1/25/2011			4/4/2011
Number of options granted		20,000			20,000
Exercise price	$	5.00		$	5.00
Market price of common stock	$	3.65		$	3.61
Expected stock price volatility		37.4	%		37.3	%
Expected option life (years)	6			6
Risk-free interest rate		2.32	%		2.53	%
Weighted average fair value of all options granted during the period:
3 months ended 6/30/11				$	1.07
6 months ended 6/30/11				$	1.08

Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]

July 1 through December 31, 2012	$	71
2013		85
2014		29
2015		29
2016		19
Total unrecognized compensation cost	$	233

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value of In-the-Money Options
Outstanding at beginning of period		297,219		$	7.84
Options granted		-
Options exercised		-
Options forfeited		( 19,819	)		20.48
Outstanding at end of period		277,400		$	6.94		7.9	$	-
Options exercisable at end of period		131,838		$	8.67		6.9	$	-
Options Vested or Expected to Vest		277,400		$	6.94		7.9	$	-

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Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Interest Income
Interest and fees on loans	$ 4,351	$ 1,697	$ 8,650	$ 3,486
Interest on investment securities	707	461	1,339	880
Other interest income	24	6	68	16
Total interest income	5,082	2,164	10,057	4,382
Interest Expense
Interest on money market, NOW and savings deposits	69	104	141	219
Interest on time certificates of deposit	196	229	452	476
Other interest expense	82	25	164	55
Total interest expense	347	358	757	750
Net interest income	4,735	1,806	9,300	3,632
Provision for loan and lease losses	225		450
Net interest income (loss) after provision for loan and lease losses	4,510	1,806	8,850	3,632
Non-interest income
Service charges on deposit accounts	248	121	455	198
Gain on sale of loans		35	8	141
Loan servicing fees, net of amortization	44	35	82	59
Gain on sale or call of available-for-sale securities	526		527
Gain (loss) or writedown of other real estate owned and premises and equipment	70	70	(288)	23
Change in fair value of warrant liability	49	407	79	959
Other income and fees	127	56	239	168
Total non-interest income	1,064	724	1,102	1,548
Non-interest expense
Salaries and employee benefits	2,370	1,448	4,853	2,763
Occupancy expenses	467	331	922	652
Furniture and equipment	256	112	435	226
Data processing	549	262	1,341	463
Professional fees	326	403	735	533
Marketing and business development	91	56	216	93
Office supplies and expenses	182	67	392	126
Insurance and regulatory assessments	170	81	323	226
Loan and lease expenses	126	123	190	160
Other real estate expenses	103	42	149	98
Amortization of core deposit intangible asset	101		202
Other expenses	308	167	500	317
Total non-interest expense	5,049	3,092	10,258	5,657
Income (loss) before income taxes	525	(562)	(306)	(477)
Income tax expense	3	5	3	5
Net income (loss)	522	(567)	(309)	(482)
Less dividends on preferred stock	173	64	348	128
Net income (loss) attributable to common stock	$ 349	$ (631)	$ (657)	$ (610)
Per Common Share Data:
Net income (loss) - basic (in Dollars per share)	$ 0.04	$ (0.09)	$ (0.08)	$ (0.09)
Net income (loss) - diluted (in Dollars per share)	$ 0.04	$ (0.09)	$ (0.08)	$ (0.09)
Average common shares outstanding - basic (in Shares)	7,766,055	7,094,274	7,760,561	7,094,274
Average common shares outstanding - diluted (in Shares)	7,766,055	7,094,274	7,760,561	7,094,274

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses

6 Months Ended

Jun. 30, 2012

Allowance for Credit Losses [Text Block]

Note 5 — Credit Quality and the Allowance for Loan and Lease Losses

An allowance for loan and lease losses is provided for loans held for investment (i.e., not held for sale).  Loans held for sale are carried on the consolidated balance sheets at the lower of cost or fair value, therefore no related allowance for loan losses is provided.

Following is a summary of the changes in the allowance for loan and lease losses for the three-month and six-month periods ended June 30:

	Three Months Ended						Six Months Ended
	June 30, 2012			June 30, 2011			June 30, 2012			June 30, 2011
Balance at beginning of period	$	3,562		$	3,245		$	3,326		$	3,198
Provision for loan and lease losses charged to expense		225			-			450			-
Loans charged off		(121	)		(92	)		(122	)		(100	)
Recoveries on loans previously charged off		115			29			127			84
Balance at end of period	$	3,781		$	3,182		$	3,781		$	3,182

Changes in the allowance for loan and lease losses for the three-month and six-month periods ended June 30, 2012 and 2011, are shown below disaggregated by portfolio segment:

	Three Months Ended June 30, 2012
Loan Portfolio Segment	Balance at Beginning of Period		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	149	$	217		$	-		$	-	$	366
Commercial real estate - owner-occupied		256		247			-			1		504
Commercial real estate - non-owner-occupied		539		345			-			-		884
Residential real estate		711		(53	)		-			-		658
All other real estate loans		4		3			-			-		7
Commercial and industrial loans		1,562		(330	)		(100	)		66		1,198
Consumer and all other loans and lease financing		185		(79	)		(21	)		48		133
Unallocated		156		(125	)		-			-		31
Totals	$	3,562	$	225		$	(121	)	$	115	$	3,781

	Three Months Ended June 30, 2011
Loan Portfolio Segment	Balance at Beginning of Year		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	625	$	(502	)	$	-		$	-	$	123
Commercial real estate - owner-occupied		312		81			-			-		393
Commercial real estate - non-owner-occupied		475		239			-			-		714
Residential real estate		431		168			(83	)		-		516
All other real estate loans		3		1			-			-		4
Commercial and industrial loans		920		100			(9	)		26		1,037
Consumer and all other loans and lease financing		110		-			-			3		113
Unallocated		369		(87	)		-			-		282
Totals	$	3,245	$	-		$	(92	)	$	29	$	3,182

	Six Months Ended June 30, 2012
Loan Portfolio Segment	Balance at Beginning of Period		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	157	$	209		$	-		$	-	$	366
Commercial real estate - owner-occupied		253		250			-			1		504
Commercial real estate - non-owner-occupied		675		208			-			-		883
Residential real estate		640		18			-			-		658
All other real estate loans		4		3			-			-		7
Commercial and industrial loans		1,363		(140	)		(101	)		76		1,198
Consumer and all other loans and lease financing		124		(19	)		(21	)		50		134
Unallocated		110		(79	)		-			-		31
Totals	$	3,326	$	450		$	(122	)	$	127	$	3,781

	Six Months Ended June 30, 2011
Loan Portfolio Segment	Balance at Beginning of Year		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	531	$	(408	)	$	-		$	-	$	123
Commercial real estate - owner-occupied		164		216			-			10		390
Commercial real estate - non-owner-occupied		697		17			-			-		714
Residential real estate		501		85			(83	)		14		517
All other real estate loans		4		1			-			-		5
Commercial and industrial loans		1,021		(32	)		(9	)		57		1,037
Consumer and all other loans and lease financing		124		(5	)		(8	)		3		114
Unallocated		156		126			-			-		282
Totals	$	3,198	$	-		$	(100	)	$	84	$	3,182

The Company assigns asset quality (i.e., risk) ratings to all loans except pools of homogeneous loans and those asset quality ratings are continuously reviewed and updated by management at least quarterly or as conditions dictate.  These asset quality ratings are also subject to semi-annual examination by independent specialists engaged by the Company, and also by its regulators.  During these internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which borrowers operate and the fair values of collateral securing these loans.  These credit quality indicators are used to assign an asset quality rating to each individual loan.  The asset quality ratings can be grouped into five major categories, defined as follows:

Pass – A pass loan meets all of the Company’s underwriting criteria and provides adequate protection for the Bank through the paying capacity of the borrower and/or the value and marketability of the collateral.

Special Mention – A special mention loan has potential weaknesses that deserve management’s close attention.  If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the Company’s credit position at some future date.  Special Mention loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification.

Substandard – A substandard loan is not adequately protected by the current sound worth and paying capacity of the borrower or the value of the collateral pledged, if any.  Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt.  They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected.  Substandard loans have a high probability of payment default, or they have other well defined weaknesses, and are generally characterized by current or expected unprofitable operations, inadequate debt service coverage, inadequate liquidity, or marginal capitalization.

Doubtful – Loans classified doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable.

Loss – Loans classified as loss are considered uncollectible and are of such little value that their continuance as bankable assets is not warranted.  Loans classified as loss are charged off immediately.

The following table shows the Company’s loan portfolio (excluding loans held for sale) allocated by management’s internal asset quality ratings as of the dates indicated:

Loans by Asset Quality Rating (excluding loans held for sale*)	Asset Quality Ratings
(in thousands)	Pass		Special Mention		Substandard		Doubtful		Total Loans
As of June 30, 2012:
Construction and land development	$	14,996	$	127	$	418	$	-	$	15,541
Commercial real estate - owner-occupied		63,475		-		3,713		-		67,188
Commercial real estate - non-owner-occupied		58,524		5,108		872		-		64,504
Residential real estate		32,027		-		1,214		-		33,241
All other real estate		1,880		-		-		-		1,880
Commercial and industrial		30,228		275		3,406		-		33,909
Consumer and all other loans and lease financing		3,088		-		-		-		3,088
Total loans, net of unearned income	$	204,218	$	5,510	$	9,623	$	-	$	219,351

As of December 31, 2011:
Construction and land development	$	13,931	$	157	$	3,359	$	-	$	17,447
Commercial real estate - owner-occupied		68,899		-		4,566		-		73,465
Commercial real estate - non-owner-occupied		49,139		5,154		5,116		-		59,409
Residential real estate		27,672		491		3,365		-		31,528
All other real estate		1,895		138		-		-		2,033
Commercial and industrial		32,154		250		6,841		88		39,333
Consumer and all other loans and lease financing		6,734		-		-		-		6,734
Total loans, net of unearned income	$	200,424	$	6,190	$	23,247	$	88	$	229,949

* Loans held for sale consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank

The following table shows an aging analysis of the loan portfolio (excluding loans held for sale) as of the dates indicated.  Also shown are loans on non-accrual, those that are past due and still accruing interest and troubled debt restructurings:

(in thousands)
			Commercial Real Estate										Consumer and
	Construction and Land Development		Owner-Occupied		Non-Owner-Occupied		Residential Real Estate		All Other Real Estate		Commercial and Industrial		All Other Loans and Leases		Total Loans
As of June 30, 2012:
Recorded Balance of Loans Past Due:
30-59 Days	$	-	$	858	$	-	$	185	$	-	$	1,497	$	8	$	2,548
60-89 Days		219		961		-		-		-		81		-		1,261
90+ Days		-		581		-		-		-		97		-		678
Total Past Due		219		2,400		-		185		-		1,675		8		4,487
Loans in Current Payment Status		15,322		64,788		64,504		33,056		1,880		32,234		3,080		214,864
Total Loans	$	15,541	$	67,188	$	64,504	$	33,241	$	1,880	$	33,909	$	3,088	$	219,351
Loans 90+ Days Past Due and Accruing1	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Accruing Troubled Debt Restructurings		-		-		-		-		-		-		-		-
Loans in Non-accrual Status		963		2,053		104		1,117		-		1,452		-		5,689

As of December 31, 2011:
Recorded Balance of Loans Past Due:
30-59 Days	$	492	$	594	$	-	$	-	$	-	$	549	$	-	$	1,635
60-89 Days		-		-		-		423		-		220		-		643
90+ Days		1,323		1,033		21		147		-		627		-		3,151
Total Past Due		1,815		1,627		21		570		-		1,396		-		5,429
Loans in Current Payment Status		15,632		71,838		59,388		30,958		2,033		37,937		6,734		224,520
Total Loans	$	17,447	$	73,465	$	59,409	$	31,528	$	2,033	$	39,333	$	6,734	$	229,949
Loans 90+ Days Past Due and Accruing1	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Accruing Troubled Debt Restructurings		-		-		-		-		-		-		-		-
Loans in Non-accrual Status		2,031		1,429		122		1,296		-		2,107		-		6,985

1 Includes pooled loans acquired with deteriorated credit quality. Management evaluates estimated cash flows subsequent to acquisition. If cash flows have not decreased, the pooled acquired loans remain in performing status.

The Company considers a loan to be impaired when it is probable that the Company will be unable to collect all amounts due (principal and interest) according to the contractual terms of the loan agreement.  Loans for which the terms have been modified, and for which the borrower is experiencing financial difficulties, are generally considered to be troubled debt restructurings (“TDR’s”). TDR’s typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms.  Both non-accrual loans and TDR’s are generally considered to be impaired.

Concessions granted in TDR’s typically are intended to reduce the borrower’s cash requirements, such as an extension of the payment terms or a change in the interest rate charged.  TDR’s with extended payment terms are accounted for as impaired until adequate performance is established.  A reduction in the interest rate for a borrower experiencing financial difficulties would result in a change to TDR status if the restructured loan yield is below the yield for a new loan with comparable risk. TDR’s with below-market rates are considered impaired until fully collected.   TDR’s may be reported as non-accrual, rather than TDR, if they are not performing under the restructured terms or if adequate payment performance under the restructured terms has yet to be established.

Four TDR's totaling $743,000 were effected in the first six months of 2012 and one for $7,000 in the first six months of 2011.  No TDR's were in accruing status and less than 90 days past due as of June 30, 2012, and none were accruing as of December 31, 2011.  The Bank has no commitments to lend additional funds under loans classified as TDR's as of June 30, 2012.

Following are summaries of the investment in impaired loans (excluding loans held for sale) as of the dates indicated, including the related allowance for loan losses and cash-basis income recognized:

(in thousands)
			Commercial Real Estate										Consumer and
	Construction and Land Development		Owner-Occupied		Non-Owner-Occupied		Residential Real Estate		All Other Real Estate		Commercial and Industrial		All Other Loans and Leases		Unallocated		Total Loans
Loans Held for Investment as of June 30, 2012:
Recorded Investment:
Impaired Loans With an Allowance Recorded	$	199	$	581	$	-	$	185	$	-	$	326	$	-			$	1,291
Impaired Loans With No Allowance Recorded		544		1,294		-		-		-		590		-				2,428
Total Loans Individually Evaluated For Impairment		743		1,875		-		185		-		916		-				3,719
Loans Collectively Evaluated For Impairment		11,988		49,100		52,940		28,213		1,880		30,551		2,904				177,576
Loans Acquired With Deteriorated Credit Quality		2,810		16,213		11,564		4,843		-		2,442		184				38,056
Total Loans Held for Investment	$	15,541	$	67,188	$	64,504	$	33,241	$	1,880	$	33,909	$	3,088			$	219,351
Unpaid Principal Balance:
Impaired Loans With An Allowance Recorded	$	200	$	594	$	-	$	190	$	-	$	353	$	-			$	1,337
Impaired Loans With No Allowance Recorded		547		1,370		-		-		-		1,143		-				3,060
Total Loans Individually Evaluated For Impairment		747		1,964		-		190		-		1,496		-				4,397
Loans Collectively Evaluated For Impairment		11,988		49,100		52,940		28,213		1,880		30,551		2,904				177,576
Loans Acquired With Deteriorated Credit Quality		6,632		17,954		13,317		6,835		-		4,330		188				49,256
Total Loans Held for Investment	$	19,367	$	69,018	$	66,257	$	35,238	$	1,880	$	36,377	$	3,092			$	231,229
Related Allowance for Loan and Lease Losses:
Impaired Loans With An Allowance Recorded	$	2	$	13	$	-	$	124	$	-	$	135	$	-			$	274
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment		2		13		-		124		-		135		-				274
Loans Collectively Evaluated For Impairment		364		491		884		534		7		1,063		133	$	31		3,507
Loans Acquired With Deteriorated Credit Quality		-		-		-		-		-		-		-				-
Total Loans Held for Investment	$	366	$	504	$	884	$	658	$	7	$	1,198	$	133	$	31	$	3,781
For the Six Months Ended June 30, 2012:
Average Recorded Investment in Impaired Loans:
Impaired Loans With An Allowance Recorded	$	66	$	588	$	-	$	125	$	-	$	350	$	-			$	1,129
Impaired Loans With No Allowance Recorded		181		1,298		-		-		-		470		-				1,949
Total Loans Individually Evaluated For Impairment	$	247	$	1,886	$	-	$	125	$	-	$	820	$	-			$	3,078
Interest Income Recognized on Impaired Loans:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-

(in thousands)
			Commercial Real Estate										Consumer and
	Construction and Land Development		Owner-Occupied		Non-Owner-Occupied		Residential Real Estate		All Other Real Estate		Commercial and Industrial		All Other Loans and Leases		Unallocated		Total Loans
Loans Held for Investment as of December 31, 2011:
Recorded Investment:
Impaired Loans With an Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	396	$	-			$	396
Impaired Loans With No Allowance Recorded		-		1,028		-		-		-		423		-				1,451
Total Loans Individually Evaluated For Impairment		-		1,028		-		-		-		819		-				1,847
Loans Collectively Evaluated For Impairment		11,617		57,980		42,406		27,103		2,033		34,519		6,547				182,205
Loans Acquired With Deteriorated Credit Quality		5,830		14,457		17,003		4,425		-		3,995		187				45,897
Total Loans Held for Investment	$	17,447	$	73,465	$	59,409	$	31,528	$	2,033	$	39,333	$	6,734			$	229,949
Unpaid Principal Balance:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	443	$	-			$	443
Impaired Loans With No Allowance Recorded		-		1,045		-		-		-		518		-				1,563
Total Loans Individually Evaluated For Impairment		-		1,045		-		-		-		961		-				2,006
Loans Collectively Evaluated For Impairment		11,617		57,980		42,406		27,103		2,033		34,519		6,547				182,205
Loans Acquired With Deteriorated Credit Quality		9,981		16,350		18,954		5,129		-		6,132		191				56,737
Total Loans Held for Investment	$	21,598	$	75,375	$	61,360	$	32,232	$	2,033	$	41,612	$	6,738			$	240,948
Related Allowance for Loan and Lease Losses:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	81	$	-			$	81
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment		-		-		-		-		-		81		-				81
Loans Collectively Evaluated For Impairment		157		253		675		640		4		1,282		124	$	110		3,245
Loans Acquired With Deteriorated Credit Quality		-		-		-		-		-		-		-				-
Total Loans Held for Investment	$	157	$	253	$	675	$	640	$	4	$	1,363	$	124	$	110	$	3,326
For the Year Ended December 31, 2011:
Average Recorded Investment in Impaired Loans:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	224	$	-			$	224
Impaired Loans With No Allowance Recorded		-		1,011		-		-		-		341		-				1,352
Total Loans Individually Evaluated For Impairment	$	-	$	1,011	$	-	$	-	$	-	$	565	$	-			$	1,576
Interest Income Recognized on Impaired Loans:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-

The amount of the allowance for loan losses provided for impaired loans represents the aggregate amount by which the recorded investment in each impaired loan exceeds its fair value.  Fair value for this purpose is determined by computing either the present value of expected future cash flows discounted at the loan’s effective interest rate or, if repayment is expected solely from the collateral, the fair value of the underlying collateral less estimated costs to sell, based on current appraisals.  In some cases, impaired loans are partially charged off, such that there is no excess of the recorded investment over the fair value of the loan, as determined above.

Changes in the accretable discount for loans purchased with credit quality deterioration follows:

	Six Months Ended
(in thousands)	June 30, 2012
Balance at beginning of period	$	3,289
Measurement period adustments to Santa Lucia Bank fair values		(428	)
Accretion to interest income		(690	)
Loans reclassified to held for sale		(355	)
Loans charged off		-
Transfers from non-accretable discount to accretable		158
Balance at end of period	$	1,974

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Note 4 - Loans

6 Months Ended

Jun. 30, 2012

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Note 4 — Loans

The Company’s loan portfolio consists primarily of loans to borrowers within the Central Coast area of California.  Although the Company seeks to avoid concentrations of loans to a single industry or based upon a single class of collateral, real estate and real estate associated businesses are among the principal industries in the Company’s market area and, as a result, the loan and collateral portfolios are concentrated in those industries and in that geographic area.

The following table shows the composition of the Company’s loans by type:

Loan Composition
(Dollars in thousands)
	June 30, 2012					December 31, 2011
Type of Loan	Amount		Percentage			Amount		Percentage
Construction and land development	$	17,293		7.7	%	$	18,022		7.6	%
Commercial real estate - owner-occupied		68,264		30.5	%		70,153		30.0	%
Commercial real estate - non-owner-occupied		64,484		28.8	%		64,382		27.6	%
Residential real estate		34,224		15.3	%		32,609		14.0	%
All other real estate loans		2,003		0.9	%		2,321		1.0	%
Commercial and industrial loans		28,780		12.9	%		30,176		12.9	%
Agricultural loans		3,119		1.4	%		9,272		4.0	%
Municipal loans		2,384		1.1	%		2,393		1.0	%
Leases, net of unearned income		1,722		0.8	%		2,323		1.0	%
Consumer loans		1,358		0.6	%		2,018		0.9	%
Total loans	$	223,631		100.0	%	$	233,669		100.0	%

The table above includes loans held for sale as follows:

Loans Held for Sale*
(Dollars in thousands)
	June 30, 2012					December 31, 2011
Type of Loan	Amount		% of Total Loans			Amount		% of Total Loans
Commercial	$	571		0.3	%	$	115		0.0	%
Real estate		1,955		0.9	%		3,030		1.3	%
Construction and land development		1,754		0.8	%		575		0.2	%
Total loans held for sale	$	4,280		1.9	%	$	3,720		1.6	%

* Consists of all loans held at Mission Asset Management, Inc. and SBA-guaranteed loans held for sale at Mission Community Bank

Loans and leases, other than those held for sale, are carried at the principal amount outstanding, net of any deferred loan origination fee income and deferred direct loan origination costs, and net of any unearned interest on discounted loans.  A separate allowance for loan and lease losses is provided for loans held for investment.  Loans held for sale, including $1,648,000 of impaired loans, are carried at the lower of cost or fair value, with no allowance for loan losses.

As of June 30, 2012, and December 31, 2011, loans totaling $199,255,000 and $98,111,000, respectively, were pledged to secure potential borrowing facilities from the Federal Home Loan Bank of San Francisco.

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Note 8 - Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	As of June 30, 2012			As of December 31, 2011
	2011 Warrants			2011 Warrants			June 2010 Warrants			April 2010 Warrants
Outstanding common stock warrants subject to fair value accounting		153,876			1,541,849			3,000,000			2,000,000
Warrant exercise price	$	4.54		$	4.54		$	5.00		$	5.00
Market price of common stock	$	3.01		$	3.35		$	3.35		$	3.35
Average risk-free interest rate		1.54	%		1.89	%		0.36	%		0.36	%
Average expected volatility		34.61	%		33.57	%		44.01	%		45.07	%
Average expected life (in years)		9.31			9.81			3.46			3.32
Expected dividend yield		0.00	%		0.00	%		0.00	%		0.00	%

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

(in thousands)	Fair Value Measurements Using
June 30, 2012	Level 1		Level 2		Level 3			Total
Available for sale securities:
U.S. Government agencies	$	-	$	64,717	$	-		$	64,717
Mortgage-backed securities		-		83,335		-			83,335
Municipal securities		-		4,823		-			4,823
Corporate debt securities		-		3,027		-			3,027
Asset-backed securities		-		15,570		-			15,570
Total available-for-sale securities		-		171,472		-			171,472
Loans held for sale		-		-		4,280			4,280
Warrant liability		-		-		(150	)		(150	)
Total net assets measured at fair value on a recurring basis	$	-	$	171,472	$	4,130		$	175,602

December 31, 2011
Available for sale securities:
U.S. Government agencies	$	-	$	26,417	$	-		$	26,417
Mortgage-backed securities		-		89,293		-			89,293
Municipal securities		-		5,057		-			5,057
Corporate debt securities		-		2,055		-			2,055
Asset-backed securities		-		5,488		-			5,488
Total available-for-sale securities		-		128,310		-			128,310
Loans held for sale		-		-		3,720			3,720
Warrant liability		-		-		(5,184	)		(5,184	)
Total net assets measured at fair value on a recurring basis	$	-	$	128,310	$	(1,464	)	$	126,846

Fair Value Measurements, Nonrecurring [Table Text Block]

(in thousands)	Fair Value Measurements Using								Current Period Gains
June 30, 2012	Level 1		Level 2		Level 3		Total		(Losses)
Financial assets measured at fair value on a non-recurring basis:
Impaired loans, net of specific reserves--
Construction and land development	$	-	$	-	$	741	$	741	$	2
Commercial real estate - owner-occupied		-		-		1,862		1,862		13
Commercial real estate - non-owner-occupied		-		-		-		-		-
Residential real estate		-		-		61		61		124
All other real estate		-		-		-		-		-
Commercial and industrial		-		-		781		781		115
Consumer and all other loans and lease financing		-		-		-		-		-
Total impaired loans, net of charge-offs and specific reserves	$	-	$	-	$	3,445	$	3,445	$	254
Non-financial assets measured at fair value on a non-recurring basis:
Other real estate owned	$	-	$	-	$	2,299	$	2,299	$	(288	)

	Fair Value Measurements Using								Full Year Gains
December 31, 2011	Level 1		Level 2		Level 3		Total		(Losses)
Financial assets measured at fair value on a non-recurring basis:
Impaired loans, net of specific reserves--
Commercial and industrial	$	-	$	-	$	521	$	521	$	(145	)
Residential real estate	$	-	$	-	$	-		-	$	(87	)
Commercial real estate - non-owner-occupied		-		-		-		-		(116	)
Construction and land development		-		-		-		-		(21	)
Total impaired loans, net of charge-offs and specific reserves	$	-	$	-	$	521	$	521	$	(369	)
Non-financial assets measured at fair value on a non-recurring basis:
Other real estate owned	$	-	$	-	$	5,220	$	5,220	$	(113	)

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

(in thousands)	Level 3 Securities Available for Sale, Loans Held for Sale and Warrant Liability
	Six Months Ended June 30
	2012			2011
Balance at beginning of year	$	(1,464	)	$	10,086
Net increase (decrease) in SBA loans held for sale		(93	)		244
Loans held for sale transfered into Level 3		4,282			-
Settlements - principal reductions in loans held for sale		(969	)		(4,186	)
Loan participations sold to related party		(2,168	)		-
Loans held for sale transferred to other real estate owned		(492	)		(1,069	)
Loans held for sale valuation reserve		-			(75	)
Cancellation of warrants accounted for as liabilities		4,955			-
Changes in fair value of warrant liability		79			959
Balance at end of period	$	4,130		$	5,959

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

(in thousands)	June 30, 2012				December 31, 2011
	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial Assets:
Cash and due from banks	$	27,256	$	27,256	$	61,621	$	61,621
Interest-bearing deposits in other banks		5,176		5,176		3,592		3,592
Investment securities		171,472		171,472		128,310		128,310
Loans held for sale		4,280		4,280		3,720		3,720
Loans, net of allowance for loan and lease losses		215,570		213,272		226,623		224,721
Federal Home Loan Bank and other stocks		3,800		3,800		3,926		3,926
Accrued interest receivable		1,277		1,277		1,450		1,450
Financial Liabilities:
Deposits		408,645		408,912		410,574		411,323
Junior subordinated debt securities		5,548		4,176		5,491		4,527
Accrued interest payable		205		205		330		330
Warrant liability		150		150		5,184		5,184

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Note 3 - Investment Securities (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

(in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
June 30, 2012:
U.S. Government agencies	$	64,113	$	617	$	(13	)	$	64,717
Residential mortgage-backed securities		82,098		1,285		(48	)		83,335
Municipal securities		4,593		230		-			4,823
Corporate debt securities		3,037		2		(12	)		3,027
Asset-backed securities		15,495		88		(13	)		15,570
	$	169,336	$	2,222	$	(86	)	$	171,472

December 31, 2011:
U.S. Government agencies	$	26,098	$	331	$	(12	)	$	26,417
Residential mortgage-backed securities		88,209		1,122		(38	)		89,293
Municipal securities		4,820		239		(2	)		5,057
Corporate debt securities		2,059		-		(4	)		2,055
Asset-backed securities		5,429		79		(20	)		5,488
	$	126,615	$	1,771	$	(76	)	$	128,310

Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)	Available-for-Sale Securities
	Amortized Cost		Fair Value
Within one year	$	7,476	$	7,506
Due in one year to five years		41,730		41,876
Due in five years to ten years		47,827		48,386
Due in greater than ten years		72,303		73,704
	$	169,336	$	171,472

Schedule of Unrealized Loss on Investments [Table Text Block]

(in thousands)	Less than 12 Months				12 Months or Longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
June 30, 2012:
U.S. Government agencies		6,991	$	13	$	-	$	-	$	6,991	$	13
Residential mortgage-backed securities		18,392		48		-		-		18,392		48
Municipal securities		-		-		-		-		-		-
Corporate debt securities		1,988		12		-		-		1,988		12
Asset-backed securities		2,402		13		-		-		2,402		13
	$	29,773	$	86	$	-	$	-	$	29,773	$	86

December 31, 2011:
U.S. Government agencies	$	2,082	$	12	$	-	$	-	$	2,082	$	12
Residential mortgage-backed securities		9,731		38		-		-		9,731		38
Municipal securities		240		2		-		-		240		2
Corporate debt securities		1,055		4		-		-		1,055		4
Asset-backed securities		1,585		20		-		-		1,585		20
	$	14,693	$	76	$	-	$	-	$	14,693	$	76

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Note 8 - Fair Value Measurement

6 Months Ended

Jun. 30, 2012

Fair Value Disclosures [Text Block]

Note 8 — Fair Value Measurement

The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring and non-recurring basis as of June 30, 2012 and December 31, 2011, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

· Level 1—Quoted prices in active markets for identical assets or liabilities

· Level 2—Estimates based on significant other observable inputs that market participants would use in pricing the asset or liability

· Level 3—Estimates based on significant unobservable inputs that reflect the entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability.  Valuation techniques include management’s judgment, which may be a significant factor.

For some assets or liabilities, the inputs used to measure fair value may fall into more than one level of the fair value hierarchy.  In such cases, the asset or liability is identified based on the lowest level input that is significant to the fair value measurement.  The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and considers factors specific to the asset or liability.

The following assumptions were used in the Black-Scholes simulation model to determine the fair value of the warrant liability for the 2011 warrants as of June 30, 2012 and for the 2011 and 2010 warrants as of December 31, 2011:

	As of June 30, 2012			As of December 31, 2011
	2011 Warrants			2011 Warrants			June 2010 Warrants			April 2010 Warrants
Outstanding common stock warrants subject to fair value accounting		153,876			1,541,849			3,000,000			2,000,000
Warrant exercise price	$	4.54		$	4.54		$	5.00		$	5.00
Market price of common stock	$	3.01		$	3.35		$	3.35		$	3.35
Average risk-free interest rate		1.54	%		1.89	%		0.36	%		0.36	%
Average expected volatility		34.61	%		33.57	%		44.01	%		45.07	%
Average expected life (in years)		9.31			9.81			3.46			3.32
Expected dividend yield		0.00	%		0.00	%		0.00	%		0.00	%

Assets and liabilities measured at fair value on a recurring basis are summarized below:

(in thousands)	Fair Value Measurements Using
June 30, 2012	Level 1		Level 2		Level 3			Total
Available for sale securities:
U.S. Government agencies	$	-	$	64,717	$	-		$	64,717
Mortgage-backed securities		-		83,335		-			83,335
Municipal securities		-		4,823		-			4,823
Corporate debt securities		-		3,027		-			3,027
Asset-backed securities		-		15,570		-			15,570
Total available-for-sale securities		-		171,472		-			171,472
Loans held for sale		-		-		4,280			4,280
Warrant liability		-		-		(150	)		(150	)
Total net assets measured at fair value on a recurring basis	$	-	$	171,472	$	4,130		$	175,602

December 31, 2011
Available for sale securities:
U.S. Government agencies	$	-	$	26,417	$	-		$	26,417
Mortgage-backed securities		-		89,293		-			89,293
Municipal securities		-		5,057		-			5,057
Corporate debt securities		-		2,055		-			2,055
Asset-backed securities		-		5,488		-			5,488
Total available-for-sale securities		-		128,310		-			128,310
Loans held for sale		-		-		3,720			3,720
Warrant liability		-		-		(5,184	)		(5,184	)
Total net assets measured at fair value on a recurring basis	$	-	$	128,310	$	(1,464	)	$	126,846

The fair value of securities available for sale equals quoted market prices, if available.  If quoted market prices are not available, fair value is determined using quoted market prices for similar securities.  There were no changes in the valuation techniques used during 2012 or 2011 and there were no transfers into or out of Levels 1, 2 or 3 of the fair value hierarchy during the six months ended June 30, 2012.

Loans held for sale that are measured at fair value on a recurring basis consist of all loans held by the company’s MAM subsidiary.  Those loans are carried at the lower of cost or fair value and, accordingly, have been subject to recurring fair value adjustments.  Fair value for those loans is determined by assessing the probability of borrower default using historical payment performance and available cash flows to the borrower, then projecting the amount and timing of cash flows to MAM, including collateral liquidation if repayment weaknesses exist.

Management monitors the availability of observable market data to assess the appropriate classifications of financial instruments within the fair value hierarchy.  Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another.  In such instances, the transfer is reported at the beginning of the reporting period.

Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings.

Assets and liabilities measured at fair value on a non-recurring basis are summarized below:

(in thousands)	Fair Value Measurements Using								Current Period Gains
June 30, 2012	Level 1		Level 2		Level 3		Total		(Losses)
Financial assets measured at fair value on a non-recurring basis:
Impaired loans, net of specific reserves--
Construction and land development	$	-	$	-	$	741	$	741	$	2
Commercial real estate - owner-occupied		-		-		1,862		1,862		13
Commercial real estate - non-owner-occupied		-		-		-		-		-
Residential real estate		-		-		61		61		124
All other real estate		-		-		-		-		-
Commercial and industrial		-		-		781		781		115
Consumer and all other loans and lease financing		-		-		-		-		-
Total impaired loans, net of charge-offs and specific reserves	$	-	$	-	$	3,445	$	3,445	$	254
Non-financial assets measured at fair value on a non-recurring basis:
Other real estate owned	$	-	$	-	$	2,299	$	2,299	$	(288	)

	Fair Value Measurements Using								Full Year Gains
December 31, 2011	Level 1		Level 2		Level 3		Total		(Losses)
Financial assets measured at fair value on a non-recurring basis:
Impaired loans, net of specific reserves--
Commercial and industrial	$	-	$	-	$	521	$	521	$	(145	)
Residential real estate	$	-	$	-	$	-		-	$	(87	)
Commercial real estate - non-owner-occupied		-		-		-		-		(116	)
Construction and land development		-		-		-		-		(21	)
Total impaired loans, net of charge-offs and specific reserves	$	-	$	-	$	521	$	521	$	(369	)
Non-financial assets measured at fair value on a non-recurring basis:
Other real estate owned	$	-	$	-	$	5,220	$	5,220	$	(113	)

The following methods were used to estimate the fair value of each class of assets above.  The fair value of impaired loans is based on the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the underlying collateral less estimated costs to sell if repayment is expected solely from the collateral.  Collateral values are estimated using Level 2 inputs based on observable market data or Level 3 inputs based on customized discounting criteria.  Collateral-dependent impaired loans are categorized as Level 3 due to ongoing real estate conditions resulting in inactive market data which, in turn, required the use of unobservable inputs and assumptions in fair value measurements.  Impaired loans were measured and reported at fair value through specific valuation allocations of the allowance for loan and lease losses and/or partial charge-offs of the impaired loans.

The fair value of other real estate owned is based on the values obtained through property appraisals, which can include observable and unobservable inputs.  Other real estate owned fair values are categorized as Level 3 due to ongoing real estate conditions resulting in inactive market data which required the use of unobservable inputs and assumptions in fair value measurements.

The following table presents a reconciliation of net assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the first six months of 2012 and 2011:

(in thousands)	Level 3 Securities Available for Sale, Loans Held for Sale and Warrant Liability
	Six Months Ended June 30
	2012			2011
Balance at beginning of year	$	(1,464	)	$	10,086
Net increase (decrease) in SBA loans held for sale		(93	)		244
Loans held for sale transfered into Level 3		4,282			-
Settlements - principal reductions in loans held for sale		(969	)		(4,186	)
Loan participations sold to related party		(2,168	)		-
Loans held for sale transferred to other real estate owned		(492	)		(1,069	)
Loans held for sale valuation reserve		-			(75	)
Cancellation of warrants accounted for as liabilities		4,955			-
Changes in fair value of warrant liability		79			959
Balance at end of period	$	4,130		$	5,959

“Settlements” in the above table relate to actual cash payments received from borrowers on loans held for sale and do not represent refinancings or write-downs to fair value.  The following methods and assumptions were used to estimate the fair value of significant financial instruments that are not carried at fair value in the consolidated balance sheet:

Financial Assets.  The carrying amounts of cash and short-term investments are considered to approximate fair value.  Short-term investments include federal funds sold and interest bearing deposits with other banks.  For investment securities, fair values are based on quoted market prices, where available.  If quoted market prices are not available, fair values are estimated using other observable data, which may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other factors.  The fair value of loans (including loans held for sale) are estimated using a combination of techniques, including discounting estimated future cash flows and quoted market prices of similar instruments, where available, and are considered to be within Level 2.  Impaired loans are within Level 3 of the fair value hierarchy.  The carrying value of accrued interest receivable approximates fair value.  The carrying amount of FHLB and FRB stock approximate their fair value.

Financial Liabilities.  The carrying amounts of deposit liabilities payable on demand and short-term borrowed funds are considered to approximate fair value.  For fixed maturity (i.e., time) deposits, which are within Level 2 of the fair value hierarchy, fair value is estimated by discounting estimated future contractual cash flows using currently offered rates for deposits of similar remaining maturities.  The fair value of junior subordinated debt securities (Level 2) is based on rates currently available to the Bank for debt with similar terms and remaining maturities.

Off-Balance Sheet Financial Instruments.  The fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements.  The fair value of these financial instruments is not material.

The estimated fair value of financial instruments is summarized as follows:

(in thousands)	June 30, 2012				December 31, 2011
	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial Assets:
Cash and due from banks	$	27,256	$	27,256	$	61,621	$	61,621
Interest-bearing deposits in other banks		5,176		5,176		3,592		3,592
Investment securities		171,472		171,472		128,310		128,310
Loans held for sale		4,280		4,280		3,720		3,720
Loans, net of allowance for loan and lease losses		215,570		213,272		226,623		224,721
Federal Home Loan Bank and other stocks		3,800		3,800		3,926		3,926
Accrued interest receivable		1,277		1,277		1,450		1,450
Financial Liabilities:
Deposits		408,645		408,912		410,574		411,323
Junior subordinated debt securities		5,548		4,176		5,491		4,527
Accrued interest payable		205		205		330		330
Warrant liability		150		150		5,184		5,184

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Note 6 - Preferred and Common Stock and Loss Per Share

6 Months Ended

Jun. 30, 2012

Stockholders' Equity Note Disclosure [Text Block]

Note 6 — Preferred and Common Stock and Loss per Share

Bancorp-Issued Preferred Stock

As a result of a change in control in 2010, the Company is likely to lose its status as a Community Development Financial Institution (“CDFI”), which may trigger redemption provisions of some or all of the Company’s Series A, B and C preferred.  Therefore, those series of preferred stock are carried at their redemption values in the consolidated balance sheets and are classified as mezzanine financing rather than equity.

On December 28, 2011, after receiving the required regulatory approvals, the Company redeemed 100% of its Series D (TARP) preferred stock.

Common Stock

On April 27, 2010, there was an initial closing (the “Initial Closing”) under the Securities Purchase Agreement dated December 22, 2009, as amended (the “Securities Purchase Agreement”), by and between the Company and Carpenter Fund Manager GP, LLC (the “Manager”) on behalf of and as General Partner of Carpenter Community BancFund, L.P., Carpenter Community BancFund-A, L.P. and Carpenter Community BancFund—CA, L.P.  (the “Investors”).   At the Initial Closing the Investors purchased, for an aggregate purchase price of $10 million, 2,000,000 shares of the common stock of the Company paired with warrants to purchase 2,000,000 shares of the common stock.  On June 15, 2010, the Investors purchased, for an aggregate purchase price of $15 million, 3,000,000 additional shares of common stock and warrants to purchase 3,000,000 shares of common stock in the second closing under the Securities Purchase Agreement (the “Second Closing”).  The warrants issued in the Initial Closing and in the Second Closing, collectively referred to herein as the “Investor Warrants,” were issued for a term of five years from issuance at an exercise price of $5.00 per share and contained customary anti-dilution provisions.

The Company used a substantial majority of the proceeds from the First and Second Closings to enable a newly-formed wholly-owned subsidiary of the Company, Mission Asset Management, Inc., to purchase from the Bank certain non-performing loans and other real estate owned assets.

The Securities Purchase Agreement further provided that the Company would conduct a rights offering to its existing shareholders, pursuant to which each shareholder was offered the right to purchase 15 additional shares of common stock, paired with a warrant, for each share held, at a price of $5.00 per unit of common stock and warrant (five-year term and $5.00 exercise price).  The rights offering closed on December 15, 2010, with 748,672 shares being issued and warrants to purchase 748,672 shares of common stock being issued. Net proceeds from the rights offering totaled $3,527,000.

Mission Asset Management, Inc. Preferred Stock and Company Warrants

On October 21, 2011, for an aggregate purchase price of $10 million, Mission Asset Management, Inc. issued 10,000 shares of its newly authorized Series A Non-Cumulative Perpetual Preferred Stock (“MAM Preferred Stock”) and the Company issued warrants to purchase an aggregate of 2,202,641 shares of the Company’s common stock in a private placement (the “Company Warrants”).  The Company Warrants were issued for a term of 10 years from issuance at an exercise price of $4.54 per share.  In December 2011, a total of 660,792 Company Warrants were exercised and $3,000,000 of the MAM Preferred Stock was liquidated.  In June 2012 a total of 100,000 Company Warrants were exercised and an additional $600,000 of the MAM Preferred Stock was liquidated.  These preferred shares include redemption provisions that are outside the control of the Company.  Accordingly, these preferred shares are presented as mezzanine financing at their redemption value of $6,400,000 as of June 30, 2012.

In addition to customary anti-dilution provisions, the Investor Warrants and the Company Warrants referred to above contain certain anti-dilution features that have caused these warrants to be reflected as derivative liabilities pursuant to ASC 815—at their fair values—in the consolidated balance sheets rather than as components of equity.  Subsequent changes in their fair values are recognized as gains or losses through non-interest income, which impacts net loss and loss per share in the consolidated statement of operations.  In March 2012 all Investor Warrants and substantially all of the Company Warrants (i.e., those issued to the Investors) were cancelled and replaced with 6,487,800 warrants having approximately the equivalent aggregate fair value as the cancelled warrants but without the anti-dilution features that call for derivative accounting treatment.  Accordingly, $4,955,000 (the fair value of the cancelled warrants immediately prior to cancellation) was transferred from warrant liability to additional paid-in capital in March 2012.

Activity in the Company’s outstanding warrants follows:

	Shares			Weighted Average Exercise Price
Outstanding January 1, 2011		5,748,672			5.00
Warrants granted in 2011		2,202,641		$	4.54
Warrants exercised in 2011		( 660,792	)		4.54
Outstanding December 31, 2011		7,290,521		$	4.90
Warrants granted in 1st qtr. 2012		6,487,800		$	5.00
Warrants cancelled in 1st qtr. 2012		( 6,387,973	)		4.90
Warrants exercised in 2nd qtr. 2012		( 100,000	)		5.00
Outstanding June 30, 2012		7,290,348		$	4.99

Prior to the Initial Closing, the Manager was the largest shareholder of the Company, beneficially owning 333,334 shares of the common stock of the Company or 24.7% of the issued and outstanding shares.  As of June 30, 2012, following the Second Closing, the rights offering, the 2011 warrants exercise, and the 2012 warrants exercise, the Manager is the beneficial owner of 6,028,179 shares of the common stock of the Company (not including warrants), or 76.7% of the issued and outstanding shares.

Loss per Share

The following table shows the calculation of earnings (loss) per common share and the allocation of the Company’s net loss among common stock and the various classes of preferred stock:

(in thousands, except per share data)	Three Months Ended					Six Months Ended
	June 30, 2012		June 30, 2011			June 30, 2012			June 30, 2011
Net income (loss)	$	522	$	(567	)	$	(309	)	$	(482	)
Less dividends on preferred stock:
Non-convertible subsidiary-issued preferred stock		173		-			348			-
TARP preferred stock (Series D)		-		64			-			128
Net income allocated to all classes of preferred stock		173		64			348			128
Net income (loss) attributable to common stock	$	349	$	(631	)	$	(657	)	$	(610	)
Average common shares outstanding		7,766,055		7,094,274			7,760,561			7,094,274
Dilutive effect of outstanding stock options		-		-			-			-
Average common shares used for diluted EPS		7,766,055		7,094,274			7,760,561			7,094,274
Basic earnings (loss) per common share	$	0.04	$	(0.09	)	$	(0.08	)	$	(0.09	)
Diluted earnings (loss) per common share	$	0.04	$	(0.09	)	$	(0.08	)	$	(0.09	)

No dilutive effect of outstanding stock options (and therefore no change to earnings (loss) per common share) has been presented for the three months ended June 30, 2011, or for either of the six-month periods presented, because the result would be anti-dilutive.

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Note 7 - Income taxes

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Text Block]

Note 7 —Income taxes

Due to a limitation on the Company’s ability to recognize deferred tax assets, no federal income tax expense or benefit was recognized for the six-month periods ended June 30, 2012 and 2011.

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Note 9 - Business Combination

6 Months Ended

Jun. 30, 2012

Business Combination Disclosure [Text Block]

Note 9 — Business Combination

On October 21, 2011, Santa Lucia Bank, Atascadero, California (“SL Bank”), was merged with and into the Bank (the “Bank Merger”) under an Agreement and Plan of Merger dated June 24, 2011, by and among Bancorp, the Bank, the Manager, as General Partner of Carpenter Community BancFund L.P. and Carpenter Community BancFund-A., L.P. (the “Funds”), Santa Lucia Bancorp (“SL Bancorp”) and SL Bank.  For Bancorp and the Bank, this transaction is accounted for based on transactions between entities under common control, as our largest shareholder, the Funds, contributed Santa Lucia Bank to the Company immediately following the merger of SL Bancorp into a wholly-owned subsidiary of the Funds.

The Bank Merger was undertaken to increase the Company’s market share in its primary market—San Luis Obispo County and northern Santa Barbara County.  The combined bank had $455 million in assets and $414 million in deposits immediately following the Bank Merger and continues to operate under the Mission Community Bank name, with full-service branch offices in San Luis Obispo and Santa Barbara counties in the cities of San Luis Obispo, Paso Robles, Atascadero, Arroyo Grande and Santa Maria.  With the acquisition, the Company has initiated a strategic plan to build what it believes will be the premier California Central Coast banking franchise.  This initiative is designed to capitalize on the distinctive characteristics of the Central Coast banking markets in San Luis Obispo, Santa Barbara, Ventura, and Monterey counties.

SL Bank’s results of operations have been included in the Company’s results beginning October 22, 2011.  The excess of the fair value of net assets of $906,000 arising from the acquisition was recognized in additional paid-in capital in the fourth quarter of 2011.  The fair values of assets acquired and liabilities assumed are subject to adjustment during the first twelve months after the acquisition date if additional information becomes available to indicate a more accurate or appropriate value for an asset or liability.  Assets that were particularly susceptible to adjustment included certain loans, other real estate owned and certain premises and equipment.  During the first quarter of 2012, management recorded a $428,000 increase in loans, based on the estimated fair value of certain loans.  In the second quarter of 2012, management recorded a $569,000 increase in the fair value of premises and equipment and a $194,000 increase in the fair value of other real estate owned, based on real estate appraisals.  Also in the second quarter of 2012, a $61,000 decrease to accrued interest receivable on investments was recorded.  These measurement period adjustments have been presented on a retrospective basis, consistent with applicable accounting guidance.  As of June 30, 2012, the Company does not expect any more measurement period adjustments.  The following table summarizes the adjusted estimated fair value of assets acquired and liabilities assumed from SL Bank recognized as of the acquisition date (in thousands):

Recognized amounts of identifiable assets acquired and liabilities assumed:
Financial assets--
Cash and cash equivalents	$	53,998
Investment securities		21,487
Loans		122,374
Federal Home Loan Bank and other stocks		1,574
Company-owned life insurance		4,690
Other financial assets		1,024
Total financial assets		205,147
Premises and equipment		13,591
Other real estate owned		2,742
Identifiable intangible assets		3,237
Other assets		289
Financial liabilities:
Deposits		(220,102	)
Junior subordinated debt securities		(2,380	)
Other financial liabilities		(162	)
Total financial liabilities		(222,644	)
Other liabilities		(325	)
Identifiable net assets acquired / net contribution from shareholder	$	2,037

The following table presents pro forma information as if the acquisition of SL Bank had occurred on January 1, 2011.  The pro forma information includes adjustments for interest income on loans and securities acquired, amortization of intangibles arising from the transaction, depreciation expense on property acquired, and interest expense on deposits acquired.  The pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transactions been effected on the assumed date.

(in thousands)	Three Months Ended June 30, 2011			Six Months Ended June 30, 2011
Interest income	$	5,518		$	11,355
Non-interest income		1,015			1,997
Net (loss)		(452	)		(179	)
Basic and diluted loss per share	$	(0.10	)	$	(0.10	)

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Note 4 - Loans (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Pledged Financial Instruments, Not Separately Reported, Loans Receivable Pledged as Collateral	$ 199,255,000	$ 98,111,000
Included in Loans Held For Sale [Member]
Impaired Financing Receivable, Recorded Investment	$ 1,648,000

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Note 8 - Fair Value Measurement (Detail) - Fair Value of Assets on a Recurring Basis Using SIgnificant Unobservable Inputs (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Balance at beginning of year	$ (1,464)	$ 10,086
Balance at end of period	4,130	5,959
Settlements - principal reductions in loans held for sale	(969)	(4,186)
Loan participations sold to related party	(2,168)
Loans held for sale transferred to other real estate owned	(492)	(1,069)
Cancellation of warrants accounted for as liabilities	4,955
Changes in fair value of warrant liability	79	959
Change in SBA Loans Held For Sale [Member]
Transfers into Level 3	(93)	244
Loans Held For Sale [Member]
Transfers into Level 3	4,282
Loans held for sale valuation reserve		$ (75)

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30, 2012			June 30, 2011			June 30, 2012			June 30, 2011
Balance at beginning of period	$	3,562		$	3,245		$	3,326		$	3,198
Provision for loan and lease losses charged to expense		225			-			450			-
Loans charged off		(121	)		(92	)		(122	)		(100	)
Recoveries on loans previously charged off		115			29			127			84
Balance at end of period	$	3,781		$	3,182		$	3,781		$	3,182

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	Three Months Ended June 30, 2012
Loan Portfolio Segment	Balance at Beginning of Period		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	149	$	217		$	-		$	-	$	366
Commercial real estate - owner-occupied		256		247			-			1		504
Commercial real estate - non-owner-occupied		539		345			-			-		884
Residential real estate		711		(53	)		-			-		658
All other real estate loans		4		3			-			-		7
Commercial and industrial loans		1,562		(330	)		(100	)		66		1,198
Consumer and all other loans and lease financing		185		(79	)		(21	)		48		133
Unallocated		156		(125	)		-			-		31
Totals	$	3,562	$	225		$	(121	)	$	115	$	3,781

	Three Months Ended June 30, 2011
Loan Portfolio Segment	Balance at Beginning of Year		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	625	$	(502	)	$	-		$	-	$	123
Commercial real estate - owner-occupied		312		81			-			-		393
Commercial real estate - non-owner-occupied		475		239			-			-		714
Residential real estate		431		168			(83	)		-		516
All other real estate loans		3		1			-			-		4
Commercial and industrial loans		920		100			(9	)		26		1,037
Consumer and all other loans and lease financing		110		-			-			3		113
Unallocated		369		(87	)		-			-		282
Totals	$	3,245	$	-		$	(92	)	$	29	$	3,182

	Six Months Ended June 30, 2012
Loan Portfolio Segment	Balance at Beginning of Period		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	157	$	209		$	-		$	-	$	366
Commercial real estate - owner-occupied		253		250			-			1		504
Commercial real estate - non-owner-occupied		675		208			-			-		883
Residential real estate		640		18			-			-		658
All other real estate loans		4		3			-			-		7
Commercial and industrial loans		1,363		(140	)		(101	)		76		1,198
Consumer and all other loans and lease financing		124		(19	)		(21	)		50		134
Unallocated		110		(79	)		-			-		31
Totals	$	3,326	$	450		$	(122	)	$	127	$	3,781

	Six Months Ended June 30, 2011
Loan Portfolio Segment	Balance at Beginning of Year		Provision for Loan Losses Charged (Credited) to Expense			Less Loans Charged Off			Plus Recoveries on Loans Previously Charged Off		Balance at End of Period
Construction and land development	$	531	$	(408	)	$	-		$	-	$	123
Commercial real estate - owner-occupied		164		216			-			10		390
Commercial real estate - non-owner-occupied		697		17			-			-		714
Residential real estate		501		85			(83	)		14		517
All other real estate loans		4		1			-			-		5
Commercial and industrial loans		1,021		(32	)		(9	)		57		1,037
Consumer and all other loans and lease financing		124		(5	)		(8	)		3		114
Unallocated		156		126			-			-		282
Totals	$	3,198	$	-		$	(100	)	$	84	$	3,182

Financing Receivable Credit Quality Indicators [Table Text Block]

Loans by Asset Quality Rating (excluding loans held for sale*)	Asset Quality Ratings
(in thousands)	Pass		Special Mention		Substandard		Doubtful		Total Loans
As of June 30, 2012:
Construction and land development	$	14,996	$	127	$	418	$	-	$	15,541
Commercial real estate - owner-occupied		63,475		-		3,713		-		67,188
Commercial real estate - non-owner-occupied		58,524		5,108		872		-		64,504
Residential real estate		32,027		-		1,214		-		33,241
All other real estate		1,880		-		-		-		1,880
Commercial and industrial		30,228		275		3,406		-		33,909
Consumer and all other loans and lease financing		3,088		-		-		-		3,088
Total loans, net of unearned income	$	204,218	$	5,510	$	9,623	$	-	$	219,351

As of December 31, 2011:
Construction and land development	$	13,931	$	157	$	3,359	$	-	$	17,447
Commercial real estate - owner-occupied		68,899		-		4,566		-		73,465
Commercial real estate - non-owner-occupied		49,139		5,154		5,116		-		59,409
Residential real estate		27,672		491		3,365		-		31,528
All other real estate		1,895		138		-		-		2,033
Commercial and industrial		32,154		250		6,841		88		39,333
Consumer and all other loans and lease financing		6,734		-		-		-		6,734
Total loans, net of unearned income	$	200,424	$	6,190	$	23,247	$	88	$	229,949

Past Due Financing Receivables [Table Text Block]

(in thousands)
			Commercial Real Estate										Consumer and
	Construction and Land Development		Owner-Occupied		Non-Owner-Occupied		Residential Real Estate		All Other Real Estate		Commercial and Industrial		All Other Loans and Leases		Total Loans
As of June 30, 2012:
Recorded Balance of Loans Past Due:
30-59 Days	$	-	$	858	$	-	$	185	$	-	$	1,497	$	8	$	2,548
60-89 Days		219		961		-		-		-		81		-		1,261
90+ Days		-		581		-		-		-		97		-		678
Total Past Due		219		2,400		-		185		-		1,675		8		4,487
Loans in Current Payment Status		15,322		64,788		64,504		33,056		1,880		32,234		3,080		214,864
Total Loans	$	15,541	$	67,188	$	64,504	$	33,241	$	1,880	$	33,909	$	3,088	$	219,351
Loans 90+ Days Past Due and Accruing1	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Accruing Troubled Debt Restructurings		-		-		-		-		-		-		-		-
Loans in Non-accrual Status		963		2,053		104		1,117		-		1,452		-		5,689

As of December 31, 2011:
Recorded Balance of Loans Past Due:
30-59 Days	$	492	$	594	$	-	$	-	$	-	$	549	$	-	$	1,635
60-89 Days		-		-		-		423		-		220		-		643
90+ Days		1,323		1,033		21		147		-		627		-		3,151
Total Past Due		1,815		1,627		21		570		-		1,396		-		5,429
Loans in Current Payment Status		15,632		71,838		59,388		30,958		2,033		37,937		6,734		224,520
Total Loans	$	17,447	$	73,465	$	59,409	$	31,528	$	2,033	$	39,333	$	6,734	$	229,949
Loans 90+ Days Past Due and Accruing1	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Accruing Troubled Debt Restructurings		-		-		-		-		-		-		-		-
Loans in Non-accrual Status		2,031		1,429		122		1,296		-		2,107		-		6,985

Impaired Financing Receivables [Table Text Block]

(in thousands)
			Commercial Real Estate										Consumer and
	Construction and Land Development		Owner-Occupied		Non-Owner-Occupied		Residential Real Estate		All Other Real Estate		Commercial and Industrial		All Other Loans and Leases		Unallocated		Total Loans
Loans Held for Investment as of June 30, 2012:
Recorded Investment:
Impaired Loans With an Allowance Recorded	$	199	$	581	$	-	$	185	$	-	$	326	$	-			$	1,291
Impaired Loans With No Allowance Recorded		544		1,294		-		-		-		590		-				2,428
Total Loans Individually Evaluated For Impairment		743		1,875		-		185		-		916		-				3,719
Loans Collectively Evaluated For Impairment		11,988		49,100		52,940		28,213		1,880		30,551		2,904				177,576
Loans Acquired With Deteriorated Credit Quality		2,810		16,213		11,564		4,843		-		2,442		184				38,056
Total Loans Held for Investment	$	15,541	$	67,188	$	64,504	$	33,241	$	1,880	$	33,909	$	3,088			$	219,351
Unpaid Principal Balance:
Impaired Loans With An Allowance Recorded	$	200	$	594	$	-	$	190	$	-	$	353	$	-			$	1,337
Impaired Loans With No Allowance Recorded		547		1,370		-		-		-		1,143		-				3,060
Total Loans Individually Evaluated For Impairment		747		1,964		-		190		-		1,496		-				4,397
Loans Collectively Evaluated For Impairment		11,988		49,100		52,940		28,213		1,880		30,551		2,904				177,576
Loans Acquired With Deteriorated Credit Quality		6,632		17,954		13,317		6,835		-		4,330		188				49,256
Total Loans Held for Investment	$	19,367	$	69,018	$	66,257	$	35,238	$	1,880	$	36,377	$	3,092			$	231,229
Related Allowance for Loan and Lease Losses:
Impaired Loans With An Allowance Recorded	$	2	$	13	$	-	$	124	$	-	$	135	$	-			$	274
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment		2		13		-		124		-		135		-				274
Loans Collectively Evaluated For Impairment		364		491		884		534		7		1,063		133	$	31		3,507
Loans Acquired With Deteriorated Credit Quality		-		-		-		-		-		-		-				-
Total Loans Held for Investment	$	366	$	504	$	884	$	658	$	7	$	1,198	$	133	$	31	$	3,781
For the Six Months Ended June 30, 2012:
Average Recorded Investment in Impaired Loans:
Impaired Loans With An Allowance Recorded	$	66	$	588	$	-	$	125	$	-	$	350	$	-			$	1,129
Impaired Loans With No Allowance Recorded		181		1,298		-		-		-		470		-				1,949
Total Loans Individually Evaluated For Impairment	$	247	$	1,886	$	-	$	125	$	-	$	820	$	-			$	3,078
Interest Income Recognized on Impaired Loans:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-

(in thousands)
			Commercial Real Estate										Consumer and
	Construction and Land Development		Owner-Occupied		Non-Owner-Occupied		Residential Real Estate		All Other Real Estate		Commercial and Industrial		All Other Loans and Leases		Unallocated		Total Loans
Loans Held for Investment as of December 31, 2011:
Recorded Investment:
Impaired Loans With an Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	396	$	-			$	396
Impaired Loans With No Allowance Recorded		-		1,028		-		-		-		423		-				1,451
Total Loans Individually Evaluated For Impairment		-		1,028		-		-		-		819		-				1,847
Loans Collectively Evaluated For Impairment		11,617		57,980		42,406		27,103		2,033		34,519		6,547				182,205
Loans Acquired With Deteriorated Credit Quality		5,830		14,457		17,003		4,425		-		3,995		187				45,897
Total Loans Held for Investment	$	17,447	$	73,465	$	59,409	$	31,528	$	2,033	$	39,333	$	6,734			$	229,949
Unpaid Principal Balance:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	443	$	-			$	443
Impaired Loans With No Allowance Recorded		-		1,045		-		-		-		518		-				1,563
Total Loans Individually Evaluated For Impairment		-		1,045		-		-		-		961		-				2,006
Loans Collectively Evaluated For Impairment		11,617		57,980		42,406		27,103		2,033		34,519		6,547				182,205
Loans Acquired With Deteriorated Credit Quality		9,981		16,350		18,954		5,129		-		6,132		191				56,737
Total Loans Held for Investment	$	21,598	$	75,375	$	61,360	$	32,232	$	2,033	$	41,612	$	6,738			$	240,948
Related Allowance for Loan and Lease Losses:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	81	$	-			$	81
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment		-		-		-		-		-		81		-				81
Loans Collectively Evaluated For Impairment		157		253		675		640		4		1,282		124	$	110		3,245
Loans Acquired With Deteriorated Credit Quality		-		-		-		-		-		-		-				-
Total Loans Held for Investment	$	157	$	253	$	675	$	640	$	4	$	1,363	$	124	$	110	$	3,326
For the Year Ended December 31, 2011:
Average Recorded Investment in Impaired Loans:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	224	$	-			$	224
Impaired Loans With No Allowance Recorded		-		1,011		-		-		-		341		-				1,352
Total Loans Individually Evaluated For Impairment	$	-	$	1,011	$	-	$	-	$	-	$	565	$	-			$	1,576
Interest Income Recognized on Impaired Loans:
Impaired Loans With An Allowance Recorded	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-
Impaired Loans With No Allowance Recorded		-		-		-		-		-		-		-				-
Total Loans Individually Evaluated For Impairment	$	-	$	-	$	-	$	-	$	-	$	-	$	-			$	-

Accretable Discount for Loans Purchased [Table Text Block]

	Six Months Ended
(in thousands)	June 30, 2012
Balance at beginning of period	$	3,289
Measurement period adustments to Santa Lucia Bank fair values		(428	)
Accretion to interest income		(690	)
Loans reclassified to held for sale		(355	)
Loans charged off		-
Transfers from non-accretable discount to accretable		158
Balance at end of period	$	1,974

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Note 2 - Stock Based Compensation Plans (Detail) (USD $)	3 Months Ended		6 Months Ended			9 Months Ended	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2012	Jun. 30, 2012	Jun. 30, 2011	Sep. 30, 2010	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation	$ 38,000	$ 35,000	$ 71,000	$ 73,000	$ 69,000	$ 69,000	$ 19,000	$ 29,000	$ 29,000	$ 85,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 233,000			$ 233,000

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Note 8 - Fair Value Measurement (Detail) - Assets and Liabilities Measured at Fair Value on a Recurring Basis (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Available for sale securities:
Available-for-sale securities	$ 171,472	$ 128,310
Loans held for sale	4,280	3,720
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities:
Available-for-sale securities	64,717	26,417
US Government Agencies Debt Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Available for sale securities:
Available-for-sale securities	64,717	26,417
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities:
Available-for-sale securities	83,335	89,293
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Available for sale securities:
Available-for-sale securities	83,335	89,293
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities:
Available-for-sale securities	4,823	5,057
US States and Political Subdivisions Debt Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Available for sale securities:
Available-for-sale securities	4,823	5,057
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities:
Available-for-sale securities	3,027	2,055
Corporate Debt Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Available for sale securities:
Available-for-sale securities	3,027	2,055
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities:
Available-for-sale securities	15,570	5,488
Asset-backed Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Available for sale securities:
Available-for-sale securities	15,570	5,488
Fair Value, Inputs, Level 2 [Member]
Available for sale securities:
Available-for-sale securities	171,472	128,310
Total assets measured at fair value on a recurring basis	171,472	128,310
Fair Value, Inputs, Level 3 [Member]
Available for sale securities:
Loans held for sale	4,280	3,720
Warrant liability	(150)	(5,184)
Total assets measured at fair value on a recurring basis	4,130	(1,464)
Estimate of Fair Value, Fair Value Disclosure [Member]
Available for sale securities:
Available-for-sale securities	171,472	128,310
Loans held for sale	4,280	3,720
Warrant liability	(150)	(5,184)
Total assets measured at fair value on a recurring basis	$ 175,602	$ 126,846

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) - Aging Analysis of the Loan Portfolio (USD $)	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2011
Recorded Balance of Loans Past Due:
Total Loans	$ 219,351,000	$ 229,949,000
Accruing Troubled Debt Restructurings			7,000
Construction and Land Development Loans [Member]
Recorded Balance of Loans Past Due:
30-59 Days		492,000
60-89 Days	219,000
90+ Days		1,323,000
Total Past Due	219,000	1,815,000
Loans in Current Payment Status	15,322,000	15,632,000
Total Loans	15,541,000	17,447,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Loans in Non-accrual Status	963,000	2,031,000
Commercial Real Estate Owner Occupied [Member]
Recorded Balance of Loans Past Due:
30-59 Days	858,000	594,000
60-89 Days	961,000
90+ Days	581,000	1,033,000
Total Past Due	2,400,000	1,627,000
Loans in Current Payment Status	64,788,000	71,838,000
Total Loans	67,188,000	73,465,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Loans in Non-accrual Status	2,053,000	1,429,000
Commercial Real Estate Non Owner Occupied [Member]
Recorded Balance of Loans Past Due:
90+ Days		21,000
Total Past Due		21,000
Loans in Current Payment Status	64,504,000	59,388,000
Total Loans	64,504,000	59,409,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Loans in Non-accrual Status	104,000	122,000
Residential Real Estate Loans [Member]
Recorded Balance of Loans Past Due:
30-59 Days	185,000
60-89 Days		423,000
90+ Days		147,000
Total Past Due	185,000	570,000
Loans in Current Payment Status	33,056,000	30,958,000
Total Loans	33,241,000	31,528,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Loans in Non-accrual Status	1,117,000	1,296,000
All Other Real Estate Loans [Member]
Recorded Balance of Loans Past Due:
Loans in Current Payment Status	1,880,000	2,033,000
Total Loans	1,880,000	2,033,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Commercial and Industrial Loans [Member]
Recorded Balance of Loans Past Due:
30-59 Days	1,497,000	549,000
60-89 Days	81,000	220,000
90+ Days	97,000	627,000
Total Past Due	1,675,000	1,396,000
Loans in Current Payment Status	32,234,000	37,937,000
Total Loans	33,909,000	39,333,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Loans in Non-accrual Status	1,452,000	2,107,000
Consumer and All Other Loans and Lease Financing [Member]
Recorded Balance of Loans Past Due:
30-59 Days	8,000
Total Past Due	8,000
Loans in Current Payment Status	3,080,000	6,734,000
Total Loans	3,088,000	6,734,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Total [Member]
Recorded Balance of Loans Past Due:
30-59 Days	2,548,000	1,635,000
60-89 Days	1,261,000	643,000
90+ Days	678,000	3,151,000
Total Past Due	4,487,000	5,429,000
Loans in Current Payment Status	214,864,000	224,520,000
Total Loans	219,351,000	229,949,000
Loans 90+ Days Past Due and Accruing1	0	0
Accruing Troubled Debt Restructurings	0	0
Loans in Non-accrual Status	$ 5,689,000	$ 6,985,000

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net income (loss)	$ 522	$ (567)	$ (309)	$ (482)
Other comprehensive income:
Unrealized gains arising during the period on available-for-sale securities, net of taxes of $-0-	678	1,109	967	925
Less reclassification adjustment for securities gains included in net income	(526)		(527)
Other comprehensive income	152	1,109	440	925
Comprehensive income	$ 674	$ 542	$ 131	$ 443

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Note 3 - Investment Securities

6 Months Ended

Jun. 30, 2012

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

Note 3 — Investment Securities

Investment securities have been classified in the consolidated balance sheets as available for sale according to management’s intent.  The amortized cost of securities and their approximate fair values as of the balance sheet dates were as follows:

(in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
June 30, 2012:
U.S. Government agencies	$	64,113	$	617	$	(13	)	$	64,717
Residential mortgage-backed securities		82,098		1,285		(48	)		83,335
Municipal securities		4,593		230		-			4,823
Corporate debt securities		3,037		2		(12	)		3,027
Asset-backed securities		15,495		88		(13	)		15,570
	$	169,336	$	2,222	$	(86	)	$	171,472

December 31, 2011:
U.S. Government agencies	$	26,098	$	331	$	(12	)	$	26,417
Residential mortgage-backed securities		88,209		1,122		(38	)		89,293
Municipal securities		4,820		239		(2	)		5,057
Corporate debt securities		2,059		-		(4	)		2,055
Asset-backed securities		5,429		79		(20	)		5,488
	$	126,615	$	1,771	$	(76	)	$	128,310

The scheduled maturities of investment securities at June 30, 2012, were as follows.  Actual maturities may differ from contractual maturities because some investment securities may allow the right to call or prepay the obligation with or without call or prepayment penalties.

(in thousands)	Available-for-Sale Securities
	Amortized Cost		Fair Value
Within one year	$	7,476	$	7,506
Due in one year to five years		41,730		41,876
Due in five years to ten years		47,827		48,386
Due in greater than ten years		72,303		73,704
	$	169,336	$	171,472

Investment securities in a temporary unrealized loss position as of each balance sheet date are shown in the following table, based on the length of time they have been continuously in an unrealized loss position:

(in thousands)	Less than 12 Months				12 Months or Longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
June 30, 2012:
U.S. Government agencies		6,991	$	13	$	-	$	-	$	6,991	$	13
Residential mortgage-backed securities		18,392		48		-		-		18,392		48
Municipal securities		-		-		-		-		-		-
Corporate debt securities		1,988		12		-		-		1,988		12
Asset-backed securities		2,402		13		-		-		2,402		13
	$	29,773	$	86	$	-	$	-	$	29,773	$	86

December 31, 2011:
U.S. Government agencies	$	2,082	$	12	$	-	$	-	$	2,082	$	12
Residential mortgage-backed securities		9,731		38		-		-		9,731		38
Municipal securities		240		2		-		-		240		2
Corporate debt securities		1,055		4		-		-		1,055		4
Asset-backed securities		1,585		20		-		-		1,585		20
	$	14,693	$	76	$	-	$	-	$	14,693	$	76

As of June 30, 2012, the Company held 11 securities that had been in an unrealized loss position for less than 12 months.  No securities have been in an unrealized loss position for 12 months or longer as of June 30, 2012.  The unrealized losses relate principally to changes in market interest rate conditions.  All of the securities continue to pay as scheduled.  When analyzing the issuer’s financial condition, management considers the length of time and extent to which the market value has been less than cost; the historical and implied volatility of the security; the financial condition of the issuer of the security; and the Bank’s intent and ability to hold the security to recovery.  As of June 30, 2012, management does not have the intent to sell these securities nor does it believe it is more likely than not that it will be required to sell these securities before maturity or the recovery of amortized cost basis.  Based on the Bank’s evaluation of the above and other relevant factors, the Bank does not believe the securities that are in an unrealized loss position as of June 30, 2012, are other than temporarily impaired.

No securities were sold in the first six months of 2011.  Gains totaling $526,000 were recognized in the second quarter of 2012 on sales of $24,873,000 of securities.

As of June 30, 2012, investment securities carried at $10,410,000 were pledged to secure public deposits, as required by law.  Investment securities carried at $20,980,000 as of June 30, 2012, were pledged to secure borrowing facilities from the Federal Home Loan Bank of San Francisco.

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Note 2 - Stock Based Compensation Plans (Detail) - Fair Value Options Granted (USD $)	6 Months Ended
	Jun. 30, 2012
Number of options granted (in Shares)	0
Grant Date 01-25-2011 [Member]
Number of options granted (in Shares)	20,000
Exercise price	5.00
Market price of common stock	3.65
Expected stock price volatility	37.40%
Expected option life (years)	6 years
Risk-free interest rate	2.32%
Grant Date 04-04-2011 [Member] | Three Months Ended [Member]
Weighted average fair value of all options granted during the period	1.07
Grant Date 04-04-2011 [Member] | Six Months Ended [Member]
Weighted average fair value of all options granted during the period	1.08
Grant Date 04-04-2011 [Member]
Number of options granted (in Shares)	20,000
Exercise price	5.00
Market price of common stock	3.61
Expected stock price volatility	37.30%
Expected option life (years)	6 years
Risk-free interest rate	2.53%

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Note 5 - Credit Quality and the Allowance for Loan and Lease Losses (Detail) - Changes in the Allowance for Loan and Lease Losses (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Balance at beginning of period	$ 3,562	$ 3,245	$ 3,326	$ 3,198
Provision for loan and lease losses charged to expense	225		450
Loans charged off	(121)	(92)	(122)	(100)
Recoveries on loans previously charged off	115	29	127	84
Balance at end of period	$ 3,781	$ 3,182	$ 3,781	$ 3,182

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Note 4 - Loans (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Loan Composition
(Dollars in thousands)
	June 30, 2012					December 31, 2011
Type of Loan	Amount		Percentage			Amount		Percentage
Construction and land development	$	17,293		7.7	%	$	18,022		7.6	%
Commercial real estate - owner-occupied		68,264		30.5	%		70,153		30.0	%
Commercial real estate - non-owner-occupied		64,484		28.8	%		64,382		27.6	%
Residential real estate		34,224		15.3	%		32,609		14.0	%
All other real estate loans		2,003		0.9	%		2,321		1.0	%
Commercial and industrial loans		28,780		12.9	%		30,176		12.9	%
Agricultural loans		3,119		1.4	%		9,272		4.0	%
Municipal loans		2,384		1.1	%		2,393		1.0	%
Leases, net of unearned income		1,722		0.8	%		2,323		1.0	%
Consumer loans		1,358		0.6	%		2,018		0.9	%
Total loans	$	223,631		100.0	%	$	233,669		100.0	%

Schedule of Loans Held For Sale [Table Text Block]

Loans Held for Sale*
(Dollars in thousands)
	June 30, 2012					December 31, 2011
Type of Loan	Amount		% of Total Loans			Amount		% of Total Loans
Commercial	$	571		0.3	%	$	115		0.0	%
Real estate		1,955		0.9	%		3,030		1.3	%
Construction and land development		1,754		0.8	%		575		0.2	%
Total loans held for sale	$	4,280		1.9	%	$	3,720		1.6	%