DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet [Table Text Block]

Assets and liabilities of discontinued operations at September 30, 2013 and December 31, 2012 were as follows:

	September 30, 2013			December 31, 2012
	Association Bank Services			Northern Florida
	(dollars expressed in thousands)
Cash and due from banks	$	—		1,139
Loans:
Commercial, financial and agricultural	20,591			—
Consumer and installment	10			—
Net deferred loan fees	(208		)	—
Total loans	20,393			—
Bank premises and equipment, net	70			4,837
Goodwill	18,000			700
Other assets	48			30
Assets of discontinued operations	$	38,511		6,706
Deposits:
Noninterest-bearing demand	$	129,785		12,488
Interest-bearing demand	339,297			10,480
Savings and money market	18,455			67,686
Time deposits of $100 or more	23,931			27,034
Other time deposits	37,631			37,964
Total deposits	549,099			155,652
Accrued expenses and other liabilities	56			59
Liabilities of discontinued operations	$	549,155		155,711

Loss from discontinued operations, net of tax, for the three months ended September 30, 2013 and 2012 was as follows:

	Three Months Ended						Three Months Ended
	September 30, 2013						September 30, 2012
	Association Bank Services			Northern Florida	Total		Association Bank Services		Northern Florida		Total
				(dollars expressed in thousands)
Interest income:
Interest and fees on loans	$	332		—	332		418		—		418
Interest expense:
Interest on deposits	78			—	78		121		222		343
Net interest income (loss)	254			—	254		297		(222	)	75
Provision for loan losses	—			—	—		—		—		—
Net interest income (loss) after provision for loan losses	254			—	254		297		(222	)	75
Noninterest income:
Service charges and customer service fees	17			—	17		22		101		123
Other	28			—	28		27		3		30
Total noninterest income	45			—	45		49		104		153
Noninterest expense:
Salaries and employee benefits	753			—	753		625		559		1,184
Occupancy, net of rental income	1			—	1		2		437		439
Furniture and equipment	13			—	13		29		62		91
FDIC insurance	194			—	194		317		97		414
Other	233			—	233		204		78		282
Total noninterest expense	1,194			—	1,194		1,177		1,233		2,410
Loss from operations of discontinued operations	(895		)	—	(895	)	(831	)	(1,351	)	(2,182	)
Net gain on sale of discontinued operations	—			14	14		—		—		—
Benefit for income taxes	—			—	—		—		—		—
Net (loss) income from discontinued operations, net of tax	$	(895	)	14	(881	)	(831	)	(1,351	)	(2,182	)

Loss from discontinued operations, net of tax, for the nine months ended September 30, 2013 and 2012 was as follows:

	Nine Months Ended							Nine Months Ended
	September 30, 2013							September 30, 2012
	Association Bank Services			Northern Florida		Total		Association Bank Services		Northern Florida		Total
	(dollars expressed in thousands)
Interest income:
Interest and fees on loans	$	1,036		—		1,036		1,360		—		1,360
Interest expense:
Interest on deposits	248			233		481		375		769		1,144
Net interest income (loss)	788			(233	)	555		985		(769	)	216
Provision for loan losses	—			—		—		—		—		—
Net interest income (loss) after provision for loan losses	788			(233	)	555		985		(769	)	216
Noninterest income:
Service charges and customer service fees	74			134		208		106		332		438
Other	81			4		85		82		9		91
Total noninterest income	155			138		293		188		341		529
Noninterest expense:
Salaries and employee benefits	2,209			885		3,094		1,964		1,722		3,686
Occupancy, net of rental income	5			579		584		8		1,321		1,329
Furniture and equipment	34			40		74		74		223		297
FDIC insurance	603			53		656		928		300		1,228
Other	675			2,452		3,127		690		278		968
Total noninterest expense	3,526			4,009		7,535		3,664		3,844		7,508
Loss from operations of discontinued operations	(2,583		)	(4,104	)	(6,687	)	(2,491	)	(4,272	)	(6,763	)
Net gain on sale of discontinued operations	—			408		408		—		—		—
Benefit for income taxes	—			—		—		—		—		—
Net loss from discontinued operations, net of tax	$	(2,583	)	(3,696	)	(6,279	)	(2,491	)	(4,272	)	(6,763	)