Change in Accounting Principle (Tables)

6 Months Ended

Jun. 30, 2013

Change in Accounting Principle [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

All 2012 periods have been retrospectively adjusted to reflect the change in accounting principle.  The following tables summarize the adjustments to the Corporation's unaudited condensed consolidated financial statements for each affected line item (in $1,000s, except per-share data):

Condensed Consolidated Balance Sheet (Unaudited)

	As of December 31, 2012
	As Previously Reported		Reclassification of Discontinued Operations(1)		Effect of Change in Accounting Principle		As Adjusted
Portfolio loans, less allowance for loan losses	$	1,143,212	$	(93,210)	$	3,050	$	1,053,052
Total assets		1,618,252				3,050		1,621,302
Accrued interest on deposits and other liabilities		9,779		(317)		(3,518)		5,944
Total liabilities		1,762,368				(3,518)		1,758,850
Retained-earnings deficit		(430,590)				6,568		(424,022)
Total Capitol Bancorp Limited stockholders' equity deficit		(133,869)				6,568		(127,301)
Total equity deficit		(144,116)				6,568		(137,548)

⁽¹⁾           For comparative purposes, original balances as previously reported have also been adjusted to exclude amounts related to discontinued operations.

Condensed Consolidated Statement of Operations (Unaudited)

	Three months ended June 30, 2012
	As Previously Reported		Reclassification of Discontinued Operations(1)		Effect of Change in Accounting Principle		As Adjusted
Costs associated with foreclosed properties and other real estate owned	$	6,055	$	(928)	$	(750)	$	4,377
Total noninterest expense		28,024		(3,039)		(750)		24,235
Loss before income tax benefit		(10,692)		1,512		750		(8,430)
Loss from continuing operations		(10,693)		1,512		750		(8,431)
Net loss		(10,678)				750		(9,928)
Net loss attributable to Capitol Bancorp Limited		(10,339)				750		(9,589)
Net loss per common share attributable to Capitol Bancorp Limited	$	(0.25)					$	(0.23)

	Six months ended June 30, 2012
	As Previously Reported		Reclassification of Discontinued Operations(1)		Effect of Change in Accounting Principle		As Adjusted
Costs associated with foreclosed properties and other real estate owned	$	11,055	$	(2,261)	$	(1,450)	$	7,344
Total noninterest expense		53,774		(6,602)		(1,450)		45,722
Loss before income tax benefit		(19,750)		3,348		1,450		(14,952)
Loss from continuing operations		(19,706)		3,348		1,450		(14,908)
Net loss		(19,609)				1,450		(18,159)
Net loss attributable to Capitol Bancorp Limited		(18,251)				1,450		(16,801)
Net loss per common share attributable to Capitol Bancorp Limited	$	(0.44)					$	(0.41)

(1) For comparative purposes, original balances as previously reported have also been adjusted to exclude amounts related to discontinued operations.