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SUMMARY OF QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
SUMMARY OF QUARTERLY FINANCIAL DATA– (Unaudited)

 

(Dollars in thousands except per share data)

 

Year Ended December 31, 2012:   March 31,     June 30,     September 30,     December 31,  
                         
Total interest income   $ 12,745     $ 10,738     $ 9,822     $ 8,416  
Total interest expense     4,570       4,068       3,589       3,132  
Net interest income     8,175       6,670       6,233       5,284  
Provision for loan losses     1,012       915       2,671       2,199  
Non-interest income     1,036       1,323       6,456       2,144  
Non-interest expense     8,488       11,216       10,853       8,378  
Net income/(loss) attributable to common shareholders     (553 )     (4,402 )     (1,015 )     (3,477 )
Earnings/(loss) per common share:                                
Basic     (0.12 )     (0.92 )     (0.21 )     (0.73 )
Diluted     (0.12 )     (0.92 )     (0.21 )     (0.73 )

 

Year Ended December 31, 2011:   March 31,     June 30,     September 30,     December 31,  
                         
Total interest income   $ 14,166     $ 13,660     $ 12,925     $ 12,778  
Total interest expense     5,550       5,304       5,053       4,793  
Net interest income     8,616       8,356       7,872       7,985  
Provision for loan losses     3,465       9,517       6,124       2,104  
Non-interest income     1,993       (2,165 )     (927 )     1,573  
Non-interest expense     9,406       9,916       10,040       8,875  
Net income/(loss) attributable to common shareholders     (2,334 )     (12,167 )     (7,700 )     (2,014 )
Earnings/(loss) per common share:                                
Basic     (0.49 )     (2.57 )     (1.62 )     (0.42 )
Diluted     (0.49 )     (2.57 )     (1.62 )     (0.42 )