Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Discontinued Operation, Additional Disclosures [Abstract]

Schedule of Assets and Liabilities of Discontinued Operations

Assets and liabilities of discontinued operations as of December 31, 2011 were as follows:

(dollars in thousands)	December 31, 2011
Assets
Loans held for sale	$	233
Premises and equipment, net	5
Other real estate owned	—
Other assets	7
Assets of discontinued operations	$	245
Liabilities
Other liabilities	$	1,092
Liabilities of discontinued operations	$	1,092

Schedule of Net Income (Loss) from Discontinued Operations

Net (loss)/income from discontinued operations, net of tax, for the years ended December 31, 2012, 2011, and 2010 were as follows:

(dollars in thousands)	For the Twelve Months Ended December 31,
	2012			2011			2010
Interest Income
Interest and fees on loans	$	—		$	67		$	552
Total interest income	—			67			552
Interest Expense
Other borrowed funds	—			—			—
Total interest expense	—			—			—
Net Interest Income before Provision for Loan Losses	—			67			552
Provision for loan losses	—			—			—
Net Interest Income after Provision for Loan Losses	—			67			552
Noninterest Income
Mortgage loan (loss)/income	—			(167		)	3,390
Other service charges, commissions and fees, net	—			(11		)	(37		)
Other income	—			10			12
Total noninterest (loss)/income	—			(168		)	3,365
Noninterest Expense
Personnel expense	1			1,444			4,429
Net occupancy expense	1			237			263
Furniture, equipment and data processing expense	—			186			312
Professional fees	25			257			228
Stationery, printing and supplies	—			8			35
Advertising and marketing	—			27			155
Other real estate owned expense	—			166			—
Provision for recourse loans	—			3,317			666
Other expense	—			266			(765		)
Total noninterest expense	27			5,908			5,323
Loss before income taxes	(27		)	(6,009		)	(1,406		)
Income tax benefit	—			(213		)	—
Net Loss from Discontinued Operations, net of tax	$	(27	)	$	(5,796	)	$	(1,406	)