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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
Interest income    
Loans, including fees $ 11,604 $ 14,333
Interest and dividends on securities:    
Taxable 1,354 881
Tax-exempt 150 295
Interest on federal funds sold 35 27
Total interest income 13,143 15,536
Interest expense    
Deposits 2,478 4,032
Borrowings 505 520
Total interest expenses 2,983 4,552
Net interest income 10,160 10,984
Provision for loan losses 3,142 8,107
Net interest income after provision for loan losses 7,018 2,877
Non-interest income    
Service charges on deposit accounts 1,157 1,445
Gain on sale of mortgage loans 348 701
Trust and investment services income 960 915
Gain on sale of premises and equipment 350 0
Gain on sale of securities 5 51
Other than temporary loss    
Total Impairment 0 (359)
Loss recognized in other comprehensive income 0 52
Net impairment loss recognized in earnings 0 (307)
Other income and fees 2,038 1,968
Total non-interest income 4,858 4,773
Non-interest expense    
Salaries and employee benefits 6,763 6,387
Occupancy 1,117 1,225
Furniture and equipment 1,042 1,265
Loan and collection 1,217 1,357
Advertising and promotional 129 101
Telephone and communication services 237 247
Other professional services 1,165 338
Other general and administrative 2,157 2,289
Total non-interest expense 13,827 13,209
Loss from continuing operations before income tax (1,951) (5,559)
Federal income tax expense (benefit) 52 (207)
Loss from continuing operations (2,003) (5,352)
Discontinued operations, net of tax    
Net income (loss) from discontinued operations 22 (33)
Gain from sale of discontinued operations 469 0
Income (loss) from discontinued operations, net of tax 491 (33)
Net loss $ (1,512) $ (5,385)
Net loss per share from continuing operations:    
Basic and diluted $ (0.86) $ (2.36)
Net income (loss) per share from discontinued operations:    
Basic and diluted $ 0.21 $ (0.01)
Net loss per share    
Basic and diluted $ (0.65) $ (2.37)