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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and due from banks$ 18,400$ 12,992
Interest-bearing deposits with financial institutions65,96930,888
Total cash and cash equivalents84,36943,880
Loans held-for-sale, at lower of cost or market2,1135,515
Investment securities:  
Available-for-sale, at fair value254,267248,752
Held-to-maturity, at amortized cost (fair value of $11,481 and $12,472)11,34412,187
Total investment securities265,611260,939
Loans:  
Loans, net of unearned interest638,553704,074
Allowance for loan losses(16,511)(29,726)
Net loans622,042674,348
Premises and equipment, net of accumulated depreciation25,93726,901
Land held for sale, at lower of cost or market2,2442,244
Federal Reserve Bank and Federal Home Loan Bank stock4,5004,498
Bank-owned life insurance24,10323,416
Accrued interest receivable7,1797,482
Other real estate owned18,50220,652
Deferred income taxes010,512
Intangible assets, net of accumulated amortization2,0202,531
Other assets11,16313,553
TOTAL ASSETS1,069,7831,096,471
Deposits:  
Demand149,361138,683
Interest-bearing demand386,348383,126
Savings79,63574,817
Time323,881366,335
Total deposits939,225962,961
Borrowings:  
Customer repurchase agreements54,26235,806
Interest-bearing demand notes issued to the U.S. Treasury1,5381,753
Advances from the Federal Home Loan Bank5,0009,000
Trust preferred securities25,00025,000
Total borrowings85,80071,559
Other liabilities5,5745,090
TOTAL LIABILITIES1,030,5991,039,610
STOCKHOLDERS' EQUITY  
Preferred stock: no par value, 100,000 shares authorized: 25,083 shares issued and outstanding at September 30, 2011 and December 31, 201025,00824,986
Common stock: $5 par value, 7,000,000 shares authorized: 4,478,295 shares issued at September 30, 2011 and December 31, 201022,39122,391
Common stock warrants150150
Surplus18,22118,275
Retained earnings (deficit)(8,448)11,589
Accumulated other comprehensive income, net of tax5,3193,064
Less: cost of 1,144,405 and 1,152,354 treasury shares at September 30, 2011 and December 31, 2010(23,457)(23,594)
TOTAL STOCKHOLDERS' EQUITY39,18456,861
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 1,069,783$ 1,096,471