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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest and Dividend Income        
Interest and fees on loans $ 4,816 $ 5,265 $ 9,749 $ 10,812
Interest on federal funds sold   6   9
Interest on deposits in banks 17 5 27 8
Interest and dividends on securities available for sale:        
Taxable interest 443 514 815 1,048
Tax-exempt interest 76 71 149 173
Dividends 19 19 38 38
Total interest and dividend income 5,371 5,880 10,778 12,088
Interest Expense        
Interest on deposits 632 959 1,338 1,945
Interest on trust preferred capital notes 55 60 111 122
Interest on other borrowings 30 66 59 146
Total interest expense 717 1,085 1,508 2,213
Net interest income 4,654 4,795 9,270 9,875
Provision for loan losses 2,500 650 2,250 2,650
Net interest income after provision for loan losses 2,154 4,145 7,020 7,225
Noninterest Income        
Service charges on deposit accounts 464 523 923 1,025
ATM and check card fees 365 387 698 760
Trust and investment advisory fees 375 368 827 714
Fees for other customer services 128 107 216 205
Gains on sale of loans 65 49 124 92
Net gains on sale of securities available for sale (includes net gains of $0 and $1 for the three months ended June 30, 2013 and 2012 and $0 and $1,118 for the six months ended June 30, 2013 and 2012, respectively, related to accumulated other comprehensive income reclassifications for previously unrealized net gains on available-for-sale securities)   1   1,118
Losses on sale of premises and equipment, net (3)      
Other operating income 640 27 747 62
Total noninterest income 2,034 1,462 3,535 3,976
Noninterest Expense        
Salaries and employee benefits 2,443 2,388 5,077 4,757
Occupancy 296 337 674 663
Equipment 288 307 587 613
Marketing 113 95 223 173
Stationery and supplies 81 86 156 167
Legal and professional fees 219 198 398 448
ATM and check card fees 168 163 326 319
FDIC assessment 180 179 521 357
Bank franchise tax 70 61 138 137
Other real estate owned, net 376 106 483 670
Telecommunications expense 78 61 140 122
Data processing 95 78 178 168
Loss on land lease termination     209  
Other operating expense 350 375 760 744
Total noninterest expense 4,757 4,434 9,870 9,338
Income (loss) before income taxes (569) 1,173 685 1,863
Income tax expense (benefit) (830) 479 (559) 694
Net income 261 694 1,244 1,169
Effective dividend on preferred stock 230 227 455 451
Net income available to common shareholders $ 31 $ 467 $ 789 $ 718
Earnings per common share, basic and diluted $ 0.01 $ 0.16 $ 0.16 $ 0.24