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
Total
Preferred Stock [Member]
Series A [Member]
Preferred Stock [Member]
Series B [Member]
Common Stock [Member]
Retained Deficit [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2009 $ 87,991 $ 30,604 $ 2,560 $ 167,183 $ (114,800) $ 2,444
Net loss (19,392)       (19,392)  
Net change in unrealized gain (loss) on securities available for sale, net of tax (2,421)         (2,421)
Stock compensation expense 62     62    
Net income (19,392)       (19,392)  
Balance at Jun. 30, 2010 66,240 30,604 2,560 167,245 (134,192) 23
Balance at Dec. 31, 2010 67,842 30,604 2,560 167,183 (132,654) 11
Net loss 3,692       3,692  
Net change in unrealized gain (loss) on securities available for sale, net of tax 152         152
Net proceeds from sale of common stock 19,426     19,426    
Conversion of subordinated note to common stock 1,003     1,003    
Stock compensation expense 38     38    
Net income 3,692       3,692  
Balance at Jun. 30, 2011 $ 92,153 $ 30,604 $ 2,560 $ 187,788 $ (128,962) $ 163