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Consolidated Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 13,988,000 $ 6,674,000
Interest-bearing deposit balances 9,501,000 9,600,000
Federal funds sold 103,510,000 47,924,000
Total cash and cash equivalents 126,999,000 64,198,000
Securities available for sale 199,785,000 220,830,000
Federal Home Loan Bank stock 11,961,000 14,345,000
Loans 1,122,999,000 1,262,630,000
Allowance for loan losses (38,720,000) (45,368,000)
Loans, net 1,084,279,000 1,217,262,000
Premises and equipment, net 27,144,000 27,873,000
Bank owned life insurance 47,631,000 46,743,000
Accrued interest receivable 5,010,000 5,942,000
Other real estate owned and repossessed assets 18,473,000 16,675,000
Other assets 16,592,000 18,553,000
Total assets 1,537,874,000 1,632,421,000
Deposits    
Noninterest-bearing 144,761,000 112,944,000
Interest-bearing 1,103,171,000 1,160,888,000
Total deposits 1,247,932,000 1,273,832,000
Securities sold under agreements to repurchase 71,207,000 116,979,000
Federal Home Loan Bank advances 45,000,000 65,000,000
Subordinated debentures 32,990,000 32,990,000
Other borrowed money 1,721,000 11,804,000
Accrued interest and other liabilities 8,107,000 5,880,000
Total liabilities 1,406,957,000 1,506,485,000
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized; 21,000 shares outstanding at June 30, 2011 and December 31, 2010 20,202,000 20,077,000
Common stock, no par value; 20,000,000 shares authorized; 8,605,830 shares outstanding at June 30, 2011 and 8,597,993 shares outstanding at December 31, 2010 172,801,000 172,677,000
Common stock warrant 1,138,000 1,138,000
Retained earnings (deficit) (65,312,000) (68,781,000)
Accumulated other comprehensive income 2,088,000 825,000
Total shareholders' equity 130,917,000 125,936,000
Total liabilities and shareholders' equity $ 1,537,874,000 $ 1,632,421,000