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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST AND DIVIDEND INCOME      
Interest and fees on loans $ 25,277 $ 28,011 $ 33,996
Federal funds sold and other short-term investments 151 245 144
Available-for-sale securities 1,202 1,825 1,943
Dividends on Federal Home Loan Bank and Federal Reserve Bank stock 225 222 211
Total interest and dividend income 26,855 30,303 36,294
INTEREST EXPENSE      
Interest-bearing demand deposits 1,611 2,343 2,589
Savings and money market deposit accounts 346 438 490
Other time deposits 3,755 7,746 10,742
Federal funds purchased and other interest-bearing liabilities 41 45 58
Long-term debt, net 3,502 3,791 4,108
Total interest expense 9,255 14,363 17,987
NET INTEREST INCOME 17,600 15,940 18,307
PROVISION FOR LOAN LOSSES 3,300 3,095 21,635
NET INTEREST INCOME (LOSS) AFTER PROVISION FOR LOAN LOSSES 14,300 12,845 (3,328)
NON-INTEREST INCOME      
Loans held for sale fee income 2,120 3,506 2,785
NSF charges and service fees 944 1,062 1,472
Other service charges 2,276 2,021 1,778
Realized gains on available-for-sale securities   885 346
Other income 984 1,145 1,664
Total non-interest income 6,324 8,619 8,045
NON-INTEREST EXPENSE      
Salaries and employee benefits 10,955 11,753 12,272
Net occupancy expense 2,599 2,756 2,811
Foreclosed assets expense 5,219 2,708 3,862
Other operating expense 7,851 8,550 8,896
Total non-interest expense 26,624 25,767 27,841
LOSS BEFORE INCOME TAXES (6,000) (4,303) (23,124)
PROVISION (BENEFIT) FOR INCOME TAXES      
Benefit for income taxes (2,777) (1,561) (8,514)
Valuation allowance for deferred tax asset 12,600    
Total provision (benefit) for income taxes 9,823 (1,561) (8,514)
NET LOSS (15,823) (2,742) (14,610)
DIVIDENDS AND ACCRETION ON PREFERRED STOCK 1,106 1,105 1,045
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (16,929) $ (3,847) $ (15,655)
BASIC LOSS PER SHARE $ (6.03) $ (1.38) $ (5.68)
DILUTED LOSS PER SHARE $ (6.03) $ (1.38) $ (5.68)