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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest income:      
Interest and fees on loans $ 36,407 $ 40,267 $ 43,211
Interest on investment securities:      
U.S. Government sponsored enterprises 5,414 5,035 5,461
States and political subdivisions 3,180 2,173 1,242
Other 258 205 123
Total interest income 45,259 47,680 50,037
Interest expense:      
NOW, MMDA & savings deposits 2,263 3,472 2,965
Time deposits 5,035 6,786 9,687
FHLB borrowings 2,956 3,285 3,577
Junior subordinated debentures 407 411 546
Other 285 394 412
Total interest expense 10,946 14,348 17,187
Net interest income 34,313 33,332 32,850
Provision for loan losses 12,632 16,438 10,535
Net interest income after provision for loan losses 21,681 16,894 22,315
Non-interest income:      
Service charges 5,106 5,626 5,573
Other service charges and fees 2,090 2,195 2,058
Other than temporary impairment losses (144) (291) (723)
Gain on sale of securities 4,406 3,348 1,795
Mortgage banking income 757 532 827
Insurance and brokerage commissions 471 390 414
Loss on sale and write-down of other real estate (1,322) (704) (501)
Miscellaneous 3,149 2,788 2,380
Total non-interest income 14,513 13,884 11,823
Non-interest expense:      
Salaries and employee benefits 14,766 14,124 14,758
Occupancy 5,339 5,436 5,409
Other 9,467 9,388 9,716
Total non-interest expense 29,572 28,948 29,883
Earnings before income taxes 6,622 1,830 4,255
Income tax expense (benefit) 1,463 (11) 1,339
Net earnings 5,159 1,841 2,916
Dividends and accretion of preferred stock 1,393 1,394 1,246
Net earnings available to common shareholders $ 3,766 $ 447 $ 1,670
Basic net earnings per common share (in dollars per share) $ 0.68 $ 0.08 $ 0.30
Diluted net earnings per common share (in dollars per share) $ 0.68 $ 0.08 $ 0.30
Cash dividends declared per common share (in dollars per share) $ 0.08 $ 0.08 $ 0.26