XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 16,221 $ 16,307
Interest-bearing deposits with financial institutions 125,008 46,988
Total cash and cash equivalents 141,229 63,295
Loans held-for-sale, at lower of cost or market 2,336 2,220
Investment securities:    
Available-for-sale, at fair value 215,881 251,747
Held-to-maturity, at amortized cost (fair value of $7,734 and $9,942) 7,643 9,836
Total investment securities 223,524 261,583
Loans:    
Loans, net of unearned interest 520,649 621,021
Allowance for loan losses (22,472) (30,413)
Net loans 498,177 590,608
Premises and equipment, net of accumulated depreciation 25,429 25,850
Land held for sale, at lower of cost or market 2,084 2,164
Federal Reserve and Federal Home Loan Bank stock 3,279 4,500
Bank-owned life insurance 24,727 24,330
Accrued interest receivable 3,800 6,453
Other real estate owned 21,141 21,848
Intangible assets, net of accumulated amortization 1,603 1,877
Other assets 6,821 9,588
TOTAL ASSETS 954,150 1,014,316
Deposits:    
Demand 152,741 171,939
Interest-bearing demand 324,892 353,462
Savings 87,480 84,599
Time 312,058 307,295
Total deposits 877,171 917,295
Borrowings:    
Customer repurchase agreements 50,743 54,835
Advances from the Federal Home Loan Bank 0 5,000
Trust preferred securities 25,000 25,000
Total borrowings 75,743 84,835
Other liabilities 5,752 7,251
TOTAL LIABILITIES 958,666 1,009,381
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock: no par value, 100,000 shares authorized: 25,083 shares issued and outstanding at June 30, 2012 and December 31, 2011 25,031 25,016
Common stock: $5 par value, 7,000,000 shares authorized: 4,478,295 shares issued at June 30, 2012 and December 31, 2011 22,391 22,391
Common stock warrants 150 150
Surplus 17,991 18,126
Accumulated deficit (47,924) (42,791)
Accumulated other comprehensive income, net of tax 984 5,378
Less: cost of 1,125,770 and 1,137,266 treasury shares at June 30, 2012 and December 31, 2011 (23,139) (23,335)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (4,516) 4,935
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 954,150 $ 1,014,316