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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST INCOME      
Taxable $ 35,630 $ 39,020 $ 41,359
Tax exempt 69 76 91
Interest bearing deposits 9 1 4
Short-term investments in money market funds 9 16 30
Federal funds sold 7 4 1
Investment securities:      
Available for sale 5,837 5,281 5,340
Held to maturity 403 433 630
Total Interest Income 41,964 44,831 47,455
INTEREST EXPENSE      
Deposits 8,335 10,945 13,109
Federal funds purchased 0 0 7
Short-term borrowings 6 22 133
Advances from Federal Home Loan Bank 220 402 652
Guaranteed junior subordinated deferrable interest debentures 1,120 1,120 1,120
Total Interest Expense 9,681 12,489 15,021
Net Interest Income 32,283 32,342 32,434
Provision (credit) for loan losses (3,575) 5,250 15,150
Net Interest Income after Provision (Credit) for Loan Losses 35,858 27,092 17,284
NON-INTEREST INCOME      
Trust fees 6,173 5,571 5,648
Investment advisory fees 754 713 648
Net gains on loans held for sale 812 958 651
Net realized gains (losses) on investment securities (358) 157 164
Service charges on deposit accounts 2,241 2,284 2,769
Bank owned life insurance 885 1,227 1,208
Other income 3,062 3,057 2,840
Total Non-Interest Income 13,569 13,967 13,928
NON-INTEREST EXPENSE      
Salaries and employee benefits 22,616 21,602 20,526
Net occupancy expense 2,900 2,691 2,632
Equipment expense 1,686 1,680 1,692
Professional fees 3,875 4,363 4,032
Supplies, postage, and freight 886 997 1,117
Miscellaneous taxes and insurance 1,372 1,396 1,374
Federal deposit insurance expense 1,338 1,575 1,670
Amortization of core deposit intangibles 0 0 108
Federal Home Loan Bank prepayment penalties 240 0 0
Other expense 5,124 5,393 6,006
Total Non-Interest Expense 40,037 39,697 39,157
PRETAX INCOME (LOSS) 9,390 1,362 (7,945)
Provision for income taxes (benefit) 2,853 80 (3,050)
NET INCOME (LOSS) 6,537 1,282 (4,895)
Preferred stock dividends and accretion of preferred stock discount 1,385 1,161 1,158
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 5,152 $ 121 $ (6,053)
PER COMMON SHARE DATA:      
Net income (loss) $ 0.24 $ 0.01 $ (0.29)
Average number of shares outstanding 21,184 21,224 21,172
Diluted:      
Net income (loss) $ 0.24 $ 0.01 $ (0.29)
Average number of shares outstanding 21,205 21,226 21,174
Cash dividends declared $ 0.00 $ 0.00 $ 0.00