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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (USD $)
Total
Preferred Stock
Common Stock
Common Stock Warrant
Retained Earnings (Deficit)
Accumulated Other Comprehensive Income
Opening Balance at Dec. 31, 2010 $ 125,936,000 $ 20,077,000 $ 172,677,000 $ 1,138,000 $ (68,781,000) $ 825,000
Repurchase of preferred stock 0          
Preferred stock dividends (822,000)       (822,000)  
Accretion of preferred stock 0 189,000     (189,000)  
Employee stock purchase plan (3,531 shares and 1,743 shares in 2011 and 2012 respectively) 30,000   30,000      
Stock option exercises (8,800 shares and 47,007 shares in 2011 and 2012 respectively) 55,000   55,000      
Dividend reinvestment plan (644 shares) 6,000   6,000      
Stock-based compensation expense 66,000   66,000      
Net income for the period from January 1 through September 30, in 2011 and 2012, respectively 7,162,000       7,162,000  
Change in net unrealized gain on securities available for sale, net of tax effect 4,300,000         4,300,000
Change in fair value of interest rate swap, net of tax effect 0          
Ending Balance at Sep. 30, 2011 136,733,000 20,266,000 172,834,000 1,138,000 (62,630,000) 5,125,000
Opening Balance at Dec. 31, 2011 164,999,000 20,331,000 172,841,000 1,138,000 (32,639,000) 3,328,000
Repurchase of preferred stock (21,000,000) (21,000,000)        
Preferred stock dividends (362,000)       (362,000)  
Accretion of preferred stock 0 669,000     (669,000)  
Repurchase of common stock warrant (7,465,000)   (6,327,000) (1,138,000)    
Employee stock purchase plan (3,531 shares and 1,743 shares in 2011 and 2012 respectively) 29,000   29,000      
Stock option exercises (8,800 shares and 47,007 shares in 2011 and 2012 respectively) 488,000   488,000      
Stock tendered for stock option exercises (18,718 shares) (317,000)   (317,000)      
Stock-based compensation expense 14,000   14,000      
Net income for the period from January 1 through September 30, in 2011 and 2012, respectively 9,487,000       9,487,000  
Change in net unrealized gain on securities available for sale, net of tax effect (596,000)         (596,000)
Change in fair value of interest rate swap, net of tax effect (719,000)         (719,000)
Ending Balance at Sep. 30, 2012 $ 144,558,000 $ 0 $ 166,728,000 $ 0 $ (24,183,000) $ 2,013,000