Consolidated Statements Of Operations (USD $)	3 Months Ended		6 Months Ended
Consolidated Statements Of Operations (USD $)	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Interest and dividend income:
Loans, including fees	$ 11,358,129	$ 14,790,220	$ 23,317,221	$ 29,532,956
Investment securities:
Taxable	88,133	48,733	157,035	87,304
Tax exempt		6,976	990	14,411
Dividend income, equity securities, restricted	42,338	41,211	97,906	80,235
Other interest income	58,893	105,638	120,476	216,108
Total interest and dividend income	11,547,493	14,992,778	23,693,628	29,931,014
Interest expense:
Deposits	4,792,764	6,503,210	10,061,052	13,317,527
Short-term borrowings	14,137	49,339	40,855	84,455
Long-term debt	482,623	477,785	959,941	955,104
Trust preferred capital notes	97,729	337,013	192,695	665,073
Total interest expense	5,387,253	7,367,347	11,254,543	15,022,159
Net interest income	6,160,240	7,625,431	12,439,085	14,908,855
Provision for loan losses	22,505,601	5,009,144	27,504,801	10,007,195
Net interest income (loss) after provision for loan losses	(16,345,361)	2,616,287	(15,065,716)	4,901,660
Noninterest income:
Service charges on deposit accounts	212,789	268,634	430,498	549,809
Other service charges and fees	253,605	239,115	469,780	449,704
Mortgage brokerage income	22,185	108,746	70,549	202,201
Title insurance income	11,998	39,982	24,318	72,671
Investment service income	18,842	54,657	25,322	228,676
Losses on other real estate owned, net	(1,375,530)	(658,924)	(2,222,301)	(1,014,794)
Other	104,961	121,284	183,274	296,927
Total noninterest income	(751,150)	173,494	(1,018,560)	785,194
Noninterest expense:
Salaries and employee benefits	2,500,852	2,506,723	5,041,607	3,048,940
Net occupancy expense	980,129	961,353	1,979,762	1,976,406
Furniture and equipment expense	461,195	514,532	922,903	1,018,597
Legal and other professional fees	1,725,982	295,594	2,568,744	529,226
FDIC insurance	1,013,427	725,490	2,053,751	1,413,834
Other real estate owned expense	758,363	356,773	1,219,847	614,925
Other operating expense	1,945,472	1,302,354	3,357,889	2,372,248
Total noninterest expense	9,385,420	6,662,819	17,144,503	10,974,176
Loss before income taxes	(26,481,931)	(3,873,038)	(33,228,779)	(5,287,322)
Income tax benefit	(264,124)	(1,357,920)	(261,418)	(1,854,863)
Net loss	(26,217,807)	(2,515,118)	(32,967,361)	(3,432,459)
Less: Net income attributable to noncontrolling interests	2,407	28,396	7,652	33,847
Net loss attributable to the Company	$ (26,220,214)	$ (2,543,514)	$ (32,975,013)	$ (3,466,306)
Loss per share attributable to the Company's common stockholders:
Basic	$ (3.80)	$ (0.37)	$ (4.78)	$ (0.50)
Diluted	$ (3.80)	$ (0.37)	$ (4.78)	$ (0.50)
Basic weighted average shares outstanding	6,897,082	6,889,729	6,897,082	6,889,267
Diluted weighted average shares outstanding	6,897,082	6,889,729	6,987,082	6,889,267

COMMONWEALTH BANKSHARES INC 10-Q/A