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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest Income:      
Loans, including fees $ 25,711 $ 34,474 $ 45,727
Interest and dividends on investment securities:      
Taxable securities 6,493 6,953 7,247
Tax exempt securities 218 294 555
Total interest income 32,422 41,721 53,529
Interest Expense:      
Deposits 6,926 13,001 18,185
Federal Home Loan Bank advances 538 914 1,142
Subordinated debentures 1,364 1,444 1,373
Total interest expense 8,828 15,359 20,700
Net interest income 23,594 26,362 32,829
Provision for loan losses (3,086) 6,797 21,210
Net interest income after provision for loan losses 26,680 19,565 11,619
Non-interest Income:      
Customer service fees on deposit accounts 5,306 5,466 6,125
Gain on sale of mortgage loans 938 1,653 1,200
Gain on sale of investments 1,257 3,384 995
Loss on sale and calls of investments (1,031) (1,131) (149)
Other than temporary impairment loss:      
Total other-than-temporary impairment losses 0 (26) (168)
Portion of loss recognized in other comprehensive income/(loss) (before taxes) 0 0 0
Net impairment losses recognized in earnings 0 (26) (168)
Loss on sale and write downs on real estate acquired through foreclosure (2,336) (6,051) (9,568)
Writedowns on other real estate owned-bank lots (219) 0 0
Gain on branch divestiture 0 3,124 0
Gain on sale of premises and equipment 0 344 0
Gain on sale on real estate acquired through foreclosure 1,953 1,318 231
Gain on sale of real estate held for development 0 175 0
Other income 2,224 2,703 1,808
Total non-interest income 8,092 10,959 474
Non-interest Expense:      
Employee compensation and benefits 15,247 15,138 16,015
Office occupancy expense and equipment 2,728 3,035 3,201
Outside services and data processing 3,751 3,389 3,535
Bank franchise tax 951 1,361 1,320
FDIC insurance premiums 2,109 2,247 3,238
Amortization of intangible assets 0 172 370
Real estate acquired through foreclosure expense 1,764 3,723 1,879
Loan expense 1,447 1,997 2,546
FHLB advance prepayment penalty 0 1,548 0
Other expense 6,031 6,325 6,133
Total non-interest expense 34,028 38,935 38,237
Income (loss) before income taxes 744 (8,411) (26,144)
Income tax expense/(benefit) 3 (18) (2,983)
Net Income (Loss) 741 (8,393) (23,161)
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 $ (313) $ (9,447) $ (24,215)
Shares applicable to basic income (loss) per common share (in shares) 4,828 4,769 4,743
Basic income (loss) per common share (in dollars per share) $ (0.06) $ (1.98) $ (5.11)
Shares applicable to diluted income (loss) per common share (in shares) 4,828 4,769 4,743
Diluted income (loss) per common share (in dollars per share) $ (0.06) $ (1.98) $ (5.11)
Cash dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0