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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities:    
Net income/(loss) $ 122 $ (289)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Provision for loan losses (1,037) 1,012
Depreciation on premises and equipment 403 386
Change in real estate acquired through foreclosure valuation allowance 472 0
Intangible asset amortization 0 64
Loss on low-income housing investments 119 91
Net amortization (accretion) available-for-sale 1,014 (1,731)
Impairment loss on securities held-to-maturity 0 26
Loss on sale of investments available-for-sale 282 150
Gain on sale of investments available-for-sale (509) 0
Gain on sale of mortgage loans (427) (312)
Gain on sale of real estate acquired through foreclosure (57) (403)
Gain on sale of real estate held for development 0 (175)
Write-downs on real estate acquired through foreclosure 583 1,565
Origination of loans held for sale (22,706) (9,086)
Proceeds on sale of loans held for sale 25,530 18,117
Stock-based compensation expense 102 43
Prepaid FDIC premium 0 393
Changes in:    
Cash surrender value of life insurance (93) (89)
Interest receivable 230 331
Other assets (875) 1,333
Interest payable 340 345
Accounts payable and other liabilities 912 89
Net cash from operating activities 4,405 11,860
Investing Activities:    
Sales of securities available-for-sale 75,536 27,854
Purchases of securities available-for-sale (59,412) (95,300)
Maturities of securities available-for-sale 12,003 26,910
Net change in loans 17,112 31,710
Sale of portfolio loans 0 6,381
Redemption of Federal Home Loan Bank stock 375 0
Investment in low-income housing projects (24) (24)
Net purchases of premises and equipment (193) (50)
Sales of real estate acquired through foreclosure 2,905 3,402
Sales of real estate held for development 0 220
Net cash from investing activities 48,302 1,103
Financing Activities    
Net change in deposits (67,413) (23,329)
Repayments to Federal Home Loan Bank (35) (35)
Issuance of common stock under dividend reinvestment program 0 2
Issuance of common stock for employee benefit plans 29 23
Net cash from financing activities (67,419) (23,339)
Increase (decrease) in cash and cash equivalents (14,712) (10,376)
Cash and cash equivalents, beginning of year 63,103 92,236
Cash and cash equivalents, end of year 48,391 81,860
Supplemental noncash disclosures:    
Transfers from loans to real estate acquired through foreclosure and repossessed assets 1,392 6,022
Loans to facilitate sales of real estate owned and repossessed assets 15 51
Dividends accrued not paid on preferred stock $ 250 $ 250