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Consolidated Statements Of Income (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest Income:        
Loans $ 1,805 $ 2,344 $ 3,781 $ 4,788
Deposits and federal funds sold 5 4 8 14
Interest on mortgage-backed securities 337 729 766 1,361
Interest and dividends on investment securities 646 633 1,244 1,149
Total interest income 2,793 3,710 5,799 7,312
Interest Expense:        
Deposit accounts 340 663 718 1,543
Floating rate junior subordinated deferrable interest debentures 70 119 141 237
Advances from the FHLB and other borrowings 569 624 1,175 1,243
Total interest expense 979 1,406 2,034 3,023
Net Interest Income 1,814 2,304 3,765 4,289
Provision for loan losses 195   630  
Net interest income after provision for loan losses 1,619 2,304 3,135 4,289
Non-Interest Income:        
Fees for financial services 653 649 1,265 1,284
Other fees, net 5 11 10 22
Other-than-temporary-impairment write-down on securities   (191)   (191)
Net gain on sale of investments 286 282 525 278
Total non-interest income 944 751 1,800 1,393
Non-Interest Expense:        
Compensation and employee benefits 1,037 1,044 2,126 2,107
Occupancy and equipment 674 657 1,280 1,288
Deposit insurance premiums 211 179 394 357
Professional services 192 174 355 310
Advertising and public relations 14 9 25 20
OREO and loan operations (65) 657 76 821
Items processing 69 75 137 151
Telephone 53 52 89 93
Other 223 193 382 398
Total non-interest expense 2,408 3,040 4,864 5,545
Net income before income taxes 155 15 71 137
Expense for income taxes 12 7 12 18
Net income 143 8 59 119
Accretion of preferred stock to redemption value and preferred dividends accrued 119 118 237 235
Net income (loss) to common shareholders $ 24 $ (110) $ (178) $ (116)
Net income (loss) per common share (basic) $ 0.01 $ (0.06) $ (0.10) $ (0.06)
Net income (loss) per common share (diluted) $ 0.01 $ (0.06) $ (0.10) $ (0.06)
Weighted average number of common shares outstanding        
Basic 1,790,599 1,790,599 1,790,599 1,790,599
Diluted 1,790,599 1,790,599 1,790,599 1,790,599