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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest and Dividend Income:      
Loans, including fees $ 34,474 $ 45,727 $ 54,977
Taxable securities 6,953 7,247 3,973
Tax exempt securities 294 555 615
Total interest income 41,721 53,529 59,565
Interest Expense:      
Deposits 13,001 18,185 19,729
Short-term borrowings 0 0 38
Federal Home Loan Bank advances 914 1,142 2,388
Subordinated debentures 1,444 1,373 1,330
Total interest expense 15,359 20,700 23,485
Net interest income 26,362 32,829 36,080
Provision for loan losses 6,797 21,210 16,881
Net interest income after provision for loan losses 19,565 11,619 19,199
Non-interest Income:      
Customer service fees on deposit accounts 5,466 6,125 6,479
Gain on sale of mortgage loans 1,653 1,200 1,760
Gain on sale of investments 3,384 995 60
Loss on sale and calls of investments (1,131) (149) (23)
Other than temporary impairment loss:      
Total other-than-temporary impairment losses (26) (168) (1,048)
Portion of loss recognized in other comprehensive income/(loss) (before taxes) 0 0 0
Net impairment losses recognized in earnings (26) (168) (1,048)
Loss on sale and write downs on real estate acquired through foreclosure (6,051) (9,568) (2,333)
Gain on branch divestiture 3,124 0 0
Gain on sale of premises and equipment 344 0 0
Gain on sale on real estate acquired through foreclosure 1,318 231 300
Gain on sale of real estate held for development 175 0 0
Brokerage commissions 426 437 413
Other income 2,277 1,371 1,696
Total non-interest income 10,959 474 7,304
Non-interest Expense:      
Employee compensation and benefits 15,138 16,015 15,718
Office occupancy expense and equipment 3,035 3,201 3,174
Marketing and advertising 156 402 715
Outside services and data processing 3,389 3,535 2,720
Bank franchise tax 1,361 1,320 2,060
FDIC insurance premiums 2,247 3,238 2,713
Amortization of intangible assets 172 370 396
Real estate acquired through foreclosure expense 3,723 1,879 1,678
Loan expense 1,997 2,546 218
FHLB advance prepayment penalty 1,548 0 0
Other expense 6,169 5,731 4,727
Total non-interest expense 38,935 38,237 34,119
Income/(loss) before income taxes (8,411) (26,144) (7,616)
Income taxes/(benefits) (18) (2,983) 1,786
Net Income/(Loss) (8,393) (23,161) (9,402)
Less:      
Dividends on preferred stock (1,000) (1,000) (1,000)
Accretion on preferred stock (54) (54) (54)
Net income/(loss) attributable to common shareholders $ (9,447) $ (24,215) $ (10,456)
Shares applicable to basic income per common share (in shares) 4,769 4,743 4,724
Basic income/(loss) per common share (in dollars per share) $ (1.98) $ (5.11) $ (2.21)
Shares applicable to diluted income per common share (in shares) 4,769 4,743 4,724
Diluted income/(loss) per common share (in dollars per share) $ (1.98) $ (5.11) $ (2.21)
Cash dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0