v2.4.0.6
Consolidated Statement of Changes in Stockholders’ Equity (USD $)
Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance, December 31, 2008 at Dec. 31, 2008   $ 8,000 $ (107,000) $ 26,340,000 $ 286,000 $ 26,527,000
Balance, December 31, 2008 (in Shares) at Dec. 31, 2008 [1]   8,053,805 (45,000)      
Stock option expense       172,000   172,000
Net income         1,705,000 1,705,000
Balance at Dec. 31, 2009   8,000 (107,000) 26,512,000 1,991,000 28,404,000
Balance (in Shares) at Dec. 31, 2009 [1]   8,053,805 (45,000)      
Stock option expense       157,000   157,000
Net income         4,888,000 4,888,000
Issuance of stock for exercise of options       564,000   564,000
Issuance of stock for exercise of options (in Shares)   118,077        
Balance at Dec. 31, 2010   8,000 (107,000) 27,233,000 6,879,000 34,013,000
Balance (in Shares) at Dec. 31, 2010   8,171,882 [1] (45,000) [1]     8,126,881
Stock option expense       1,180,000   1,180,000
Excess tax benefit from stock options       451,000   451,000
Dividends paid to preferred stockholders $5 per share         (375,000) (375,000)
Net income         759,000 759,000
Issuance of stock for exercise of options       704,000   704,000
Issuance of stock for exercise of options (in Shares) [1]   237,826        
Issuance of ESOP shares (in Shares)   645        
Issuance of preferred stock and warrants, net of issuance costs 42,794,000     28,834,000   71,628,000
Issuance of preferred stock and warrants, net of issuance costs (in Shares) 75,000          
Deemed distribution for recognition of beneficial conversion feature on preferred stock       44,211,000 (44,211,000)  
Balance at Dec. 31, 2011 $ 42,794,000 $ 8,000 $ (107,000) $ 102,613,000 $ (36,948,000) $ 108,360,000
Balance (in Shares) at Dec. 31, 2011 75,000 8,410,353 [1] (45,000) [1]     8,365,353
[1] Amounts have been retrospectively adjusted for a 4-for-1 reverse stock split that was effective on September 2, 2011.