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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 29,546 $ 23,480
Interest-bearing deposits in other financial institutions 86,443 76,419
Cash and cash equivalents 115,989 99,899
Available-for-sale securities 66,666 61,790
Mortgage loans held for sale, fair value 1,597 5,686
Loans, net of allowance for loan losses of $10,841 and $13,189 in 2012 and 2011, respectively 427,094 425,654
Premises and equipment, net 15,873 15,897
Foreclosed assets held for sale, net 27,864 29,246
Interest receivable 1,899 1,573
Deferred income taxes 965 911
Prepaid expenses and other assets 6,315 6,106
Federal Home Loan Bank stock, Federal Reserve Bank stock, and other securities 7,398 7,369
Core deposit intangible asset, at amortized cost 286 321
Total assets 671,946 654,452
LIABILITIES    
Demand 107,740 100,842
Savings, NOW and money market 228,767 222,984
Time 170,897 166,587
Total deposits 507,404 490,413
Other interest-bearing liabilities 15,625 15,372
Long-term debt 100,603 100,434
Interest payable and other liabilities 8,481 7,778
Total liabilities 632,113 613,997
STOCKHOLDERS' EQUITY    
Preferred stock, $1 par value, $1,000 liquidation preference; authorized 15,000,000 shares; issued and outstanding 2012 - 21,750 shares; 2011 - 21,750 shares 22 22
Common stock, par value $1 per share; authorized 15,000,000 shares; issued and outstanding 2012 - 2,883,936 shares; 2011 - 2,879,158 shares 2,884 2,879
Additional paid-in capital 38,550 38,511
Retained earnings (Accumulated deficit) (1,678) (1,091)
Accumulated other comprehensive income, net of income tax of $36 in 2012 and $89 in 2011 55 134
Total stockholders' equity 39,833 40,455
Total liabilities and stockholders' equity $ 671,946 $ 654,452