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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income      
Loans $ 15,563 $ 14,833 $ 15,309
Investment securities 355 616 1,182
Federal funds sold 71 55 87
Total interest income 15,989 15,504 16,578
Interest expense      
Deposits 2,367 2,481 3,006
Borrowed funds 242 386 554
Total interest expense 2,609 2,867 3,560
Net interest income 13,380 12,637 13,018
(Recovery of) provision for loan losses 0 (2,000) 100
Net interest income after (recovery of) provision for loan losses 13,380 14,637 12,918
Noninterest income      
Service charges and fees 2,459 2,520 2,245
Gain on sale of loans 6,430 6,076 4,449
Gain on sale of asset held for sale 504 0 0
Gain (loss) on sale of investment securities 162 6 (210)
Rental income 582 1,105 965
Other 713 351 440
Total noninterest income 10,850 10,058 7,889
Noninterest expense      
Salaries and benefits 11,295 10,846 10,685
Commissions 1,606 1,555 1,165
Occupancy 1,470 1,730 1,690
Equipment 762 765 708
Write down of assets held for sale 220 2,649 0
Cease use lease obligation 252 0 0
Supplies 265 278 344
Professional and outside services 2,999 2,930 2,550
Advertising and marketing 355 325 321
Foreclosed assets, net 393 153 1,244
FDIC insurance premium 292 916 968
Other operating expense 1,980 1,902 2,169
Total noninterest expense 21,889 24,049 21,844
Income (loss) before income tax benefit 2,341 646 (1,037)
Income tax benefit (11,172) 0 0
Net income (loss) 13,513 646 (1,037)
Preferred stock dividends and amortization of discount (737) (674) (1,436)
Preferred stock principal forgiveness 0 4,404 0
Preferred stock dividend forgiveness   2,215 0
Net income (loss) available to common shareholders $ 12,776 $ 6,591 $ (2,473)
Earnings (loss) per share, basic (in dollars per share) $ 8.99 $ 5.65 $ (7.39)
Earnings (loss) per share, diluted (in dollars per share) $ 8.99 $ 5.49 $ (7.39)