Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Retained Earnings (Deficit) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2010 $ 30,604,000 $ 2,560,000 $ 167,321,000 $ (132,654,000) $ 11,000 $ 67,842,000
Net income       5,829,000   5,829,000
Net change in unrealized gain (loss) on securities available for sale, net of tax         367,000 367,000
Net proceeds from sale of 8,912,372 shares of common stock on June 7, 2011 and June 29, 2011     19,319,000     19,319,000
Conversion of subordinated note to 491,830 shares of common stock on June 29, 2011     1,003,000     1,003,000
Preferred stock exchange [Abstract]            
Stock compensation expense     66,000     66,000
Balance at Dec. 31, 2011 30,604,000 2,560,000 187,709,000 (126,825,000) 378,000 94,426,000
Net income       35,490,000   35,490,000
Net change in unrealized gain (loss) on securities available for sale, net of tax         582,000 582,000
Net proceeds from sale of 8,912,372 shares of common stock on June 7, 2011 and June 29, 2011           0
Conversion of subordinated note to 491,830 shares of common stock on June 29, 2011           0
Preferred stock exchange [Abstract]            
Stock compensation expense     9,000     9,000
Balance at Dec. 31, 2012 30,604,000 2,560,000 187,718,000 (91,335,000) 960,000 130,507,000
Net income       9,549,000   9,549,000
Net change in unrealized gain (loss) on securities available for sale, net of tax         (2,915,000) (2,915,000)
Net proceeds from sale of 8,912,372 shares of common stock on June 7, 2011 and June 29, 2011           0
Conversion of subordinated note to 491,830 shares of common stock on June 29, 2011           0
Conversion of 300 shares of Preferred Stock Series B to 50,000 shares of common stock   (300,000) 300,000     0
Preferred stock exchange [Abstract]            
Exchange of 31,290 shares of Preferred Stock Series A to 5,973,519 shares of common stock (30,604,000)   30,604,000     0
Exchange of 2,300 shares of Preferred Stock Series B to 457,159 shares of common stock   (2,260,000) 2,260,000     0
Cash portion of exchange consideration, including exchange-related expenses     (4,734,000)     (4,734,000)
Repurchase of shares for taxes withheld on vested restricted stock     (45,000)     (45,000)
Stock compensation expense     160,000     160,000
Balance at Dec. 31, 2013 $ 0 $ 0 $ 216,263,000 $ (81,786,000) $ (1,955,000) $ 132,522,000