Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited)

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) (USD $)
In Thousands
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Retained (Deficit) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2012 $ 30,604 $ 2,560 $ 187,718 $ (91,335) $ 960 $ 130,507
Net income       2,473   2,473
Conversion of 300 shares of Preferred Stock Series B to 50,000 shares of Common Stock   (300) 300     0
Common stock issuance costs           0
Net change in unrealized gain (loss) on securities available for sale, net of tax         (105) (105)
Stock compensation expense     30     30
Balance at Mar. 31, 2013 30,604 2,260 188,048 (88,862) 855 132,905
Balance at Dec. 31, 2013 0 0 216,263 (81,786) (1,955) 132,522
Net income       2,639   2,639
Common stock issuance costs     (102)     (102)
Cash dividends at $.02 per share       (677)   (677)
Net change in unrealized gain (loss) on securities available for sale, net of tax         737 737
Stock compensation expense     69     69
Balance at Mar. 31, 2014 $ 0 $ 0 $ 216,230 $ (79,824) $ (1,218) $ 135,188