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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest and Dividend Income:    
Loans, including fees $ 9,961 $ 12,343
Taxable securities 2,571 1,566
Tax exempt securities 213 257
Total interest income 12,745 14,166
Interest Expense:    
Deposits 3,945 4,914
Federal Home Loan Bank advances 284 295
Subordinated debentures 341 341
Total interest expense 4,570 5,550
Net interest income 8,175 8,616
Provision for loan losses 1,012 3,465
Net interest income after provision for loan losses 7,163 5,151
Non-interest Income:    
Customer service fees on deposit accounts 1,382 1,445
Gain on sale of mortgage loans 312 265
Gain on sale of investments   69
Loss on sale of investments (150)  
Other than temporary impairment loss:    
Total other-than-temporary impairment losses (26) (37)
Portion of loss recognized in other comprehensive income/(loss) (before taxes)      
Net impairment losses recognized in earnings (26) (37)
Loss on sale and write downs on real estate acquired through foreclosure (1,566) (235)
Gain on sale on real estate acquired through foreclosure 403 25
Gain on sale on real estate held for development 175  
Brokerage commissions 95 107
Other income 411 354
Total non-interest income 1,036 1,993
Non-interest Expense:    
Employee compensation and benefits 3,853 4,329
Office occupancy expense and equipment 768 811
Marketing and advertising 33 225
Outside services and data processing 811 797
Bank franchise tax 342 314
FDIC insurance premiums 415 970
Amortization of core deposit intangible 64 77
Real estate acquired through foreclosure expense 340 382
Loan expense 508 52
Other expense 1,354 1,449
Total non-interest expense 8,488 9,406
Income/(loss) before income taxes (289) (2,262)
Income taxes/(benefits)   (192)
Net Income/(Loss) (289) (2,070)
Less:    
Dividends on preferred stock (250) (250)
Accretion on preferred stock (14) (14)
Net income (loss) attributable to common shareholders $ (553) $ (2,334)
Shares applicable to basic income per common share 4,761,262 4,736,287
Basic income (loss) per common share $ (0.12) $ (0.49)
Shares applicable to diluted income per common share 4,761,262 4,736,287
Diluted income (loss) per common share $ (0.12) $ (0.49)
Cash dividends declared per common share