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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest income        
Loans, including fees $ 18,144 $ 18,373 $ 36,437 $ 36,289
Interest on investment securities:        
Taxable interest 2,340 1,702 3,897 3,010
Tax-exempt interest 670 347 1,342 737
Interest bearing deposits 230 83 745 434
Total interest income 21,384 20,505 42,421 40,470
Interest expense        
Deposits 2,885 3,534 5,490 6,992
Securities sold under agreements to repurchase 26 7 42 14
Short-term borrowings 0 59 3 64
Subordinated debt 216 216 431 431
Total interest expense 3,127 3,816 5,966 7,501
Net interest income 18,257 16,689 36,455 32,969
Provision for loan and lease losses 6,963 5,806 11,635 9,954
Net interest income after provision for loan and lease losses 11,294 10,883 24,820 23,015
Non-interest income        
Service fees on deposit accounts 675 527 1,310 908
Merchant credit card deposit and ACH fees 590 577 1,159 1,063
Stored value income 4,390 2,512 9,145 5,327
Gain on sales of investment securities 603 469 603 1,219
Other than temporary impairment on securities held-to-maturity 0 [1] 0 [1] (75) [1] 0 [1]
Leasing income 645 511 1,349 1,175
Debit card income 191 172 563 342
Other 693 191 1,416 419
Total non-interest income 7,787 4,959 15,470 10,453
Non-interest expense        
Salaries and employee benefits 7,550 6,468 14,530 12,840
Depreciation and amortization 723 741 1,452 1,463
Rent and related occupancy cost 734 654 1,433 1,277
Data processing expense 2,173 1,695 4,566 3,308
Printing and supplies 398 337 680 751
Audit expense 250 311 510 602
Legal expense 696 701 1,196 1,055
Amortization of intangible assets 250 250 500 500
Loss on sale of other real estate owned 439 0 491 20
FDIC Insurance 711 1,098 1,923 1,854
Software, maintenance and equipment 381 328 747 586
Other 3,827 2,655 7,194 5,189
Total non-interest expense 18,132 15,238 35,222 29,445
Net income before income tax 949 604 5,068 4,023
Income tax provision 289 197 1,720 1,430
Net income 660 407 3,348 2,593
Less preferred stock dividends and accretion 0 0 0 (6,242)
Net income (loss) available to common shareholders $ 660 $ 407 $ 3,348 $ (3,649)
Net income (loss) per share - basic $ 0.02 $ 0.02 $ 0.11 $ (0.14)
Net income (loss) per share - diluted $ 0.02 $ 0.02 $ 0.11 $ (0.14)
[1] Other than temporary impairment was due to credit loss and therefore did not include amounts due to market conditions.