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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Interest income $ 3,455 $ 3,433 $ 6,926 $ 6,831
Premium income 723 278 1,543 391
Other income 306 253 530 529
Total revenues 4,484 3,964 8,999 7,751
Expenses:        
Salaries and related benefits 1,098 1,115 2,117 2,259
Interest 896 876 1,708 1,759
General and administrative 697 538 1,339 998
Provision for loan losses, net 172 118 414 593
Transaction costs 393   393  
Strategic alternatives   1,352   2,202
Total expenses 3,256 3,999 5,971 7,811
Income (loss) before income tax provision and discontinued operations, net of tax 1,228 (35) 3,028 (60)
Income tax provision (308) (58) (590) (39)
Income (loss) from continuing operations 920 (93) 2,438 (99)
Discontinued operations, net of tax (74) (322) (248) (471)
Net income (loss) $ 846 $ (415) $ 2,190 $ (570)
Weighted average shares outstanding:        
Basic 10,596 10,586 10,594 10,581
Diluted 10,597 10,607 10,594 10,599
Basic and diluted earnings (loss) per share:        
Income (loss) from continuing operations $ 0.09 $ (0.01) $ 0.23 $ (0.01)
Discontinued operations, net of tax $ (0.01) $ (0.03) $ (0.02) $ (0.04)
Net income (loss) $ 0.08 $ (0.04) $ 0.21 $ (0.05)