Consolidated Balance Sheets (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS:
Cash and due from banks	$ 13,581	$ 14,840
Interest bearing deposits	20,367	151,336
Total cash and cash equivalents	33,948	166,176
Securities available-for-sale	332,357	196,029
Securities held-to-maturity, fair value of $23 Sept (2011) and $126 Dec (2010)	23	124
Total securities	332,380	196,153
Loans held for sale	7,367	6,388
Loans, net of unearned fees	765,712	884,531
Allowance for loan losses	(16,018)	(22,665)
Net loans	757,061	868,254
Federal Home Loan Bank stock	4,805	4,909
Cash surrender value of life insurance	9,613	9,354
Premises and equipment, net	31,022	31,988
Real estate owned:
Acquired through foreclosure	29,180	25,807
Held for development	45	45
Other repossessed assets	36	40
Core deposit intangible	777	994
Accrued interest receivable	3,268	3,807
Accrued income taxes	10,073	2,161
Deferred income taxes		2,982
Prepaid FDIC Insurance	1,965	4,449
Other assets	9,636	2,388
TOTAL ASSETS	1,223,809	1,319,507
Deposits:
Non-interest bearing	77,892	73,566
Interest bearing	1,030,508	1,100,342
Total deposits	1,108,400	1,173,908
Advances from Federal Home Loan Bank	27,770	52,532
Subordinated debentures	18,000	18,000
Accrued interest payable	1,476	594
Accounts payable and other liabilities	5,022	3,162
Deferred income taxes	6,734
TOTAL LIABILITIES	1,167,402	1,248,196
Commitments and contingent liabilities
STOCKHOLDERS' EQUITY:
Serial preferred stock, $1 par value per share; authorized 5,000,000 shares; issued and outstanding, 20,000 shares with a liquidation preference of $20,000	19,876	19,835
Common stock, $1 par value per share; authorized 35,000,000 shares; issued and outstanding, 4,749,072 shares Sept (2011), and 4,726,329 shares Dec (2010)	4,749	4,726
Additional paid-in capital	35,407	35,201
Retained earnings/(accumulated deficit)	(5,937)	16,264
Accumulated other comprehensive income/(loss)	2,312	(4,715)
TOTAL STOCKHOLDERS' EQUITY	56,407	71,311
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,223,809	$ 1,319,507