Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS:
Cash and due from banks	$ 15,331	$ 12,973
Interest bearing deposits	138,783	79,263
Total cash and cash equivalents	154,114	92,236
Securities available-for-sale	317,288	313,777
Securities held-to-maturity, fair value of $16 Jun (2012) and $24 Dec (2011)	16	24
Total securities	317,304	313,801
Loans held for sale	103,593	56,016
Loans, net of unearned fees	536,166	691,253
Allowance for loan losses	(15,300)	(17,181)
Net loans	520,866	674,072
Federal Home Loan Bank stock	4,805	4,805
Cash surrender value of life insurance	9,880	9,702
Premises and equipment, net	21,931	29,694
Premises and equipment held for sale,net	6,771	946
Real estate owned:
Acquired through foreclosure	36,529	29,083
Held for development	0	45
Other repossessed assets	30	42
Core deposit intangible	587	714
Accrued interest receivable	2,466	3,168
Accrued income taxes	2,948	3,517
Prepaid FDIC Insurance	247	1,302
Low-income housing investments	7,512	7,671
Other assets	2,105	1,964
TOTAL ASSETS	1,191,688	1,228,778
LIABILITIES AND STOCKHOLDERS EQUITY
Non-interest bearing	69,199	72,675
Non-interest bearing held for sale	13,397	4,954
Interest bearing	694,502	932,915
Interest bearing held for sale	312,204	112,250
Total deposits	1,089,302	1,122,794
Advances from Federal Home Loan Bank	27,666	27,736
Subordinated debentures	18,000	18,000
Accrued interest payable	2,499	1,817
Accounts payable and other liabilities	5,735	4,968
TOTAL LIABILITIES	1,143,202	1,175,315
Commitments and contingent liabilities	0	0
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	19,916	19,889
Common stock, $1 par value per share; authorized 35,000,000 shares; issued and outstanding, 4,772,649 shares Jun (2012), and 4,749,415 shares Dec (2011)	4,773	4,749
Additional paid-in capital	35,561	35,450
Retained earnings/(accumulated deficit)	(12,907)	(7,951)
Accumulated other comprehensive income	1,143	1,326
TOTAL STOCKHOLDERS EQUITY	48,486	53,463
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	$ 1,191,688	$ 1,228,778