Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Cash and due from banks	$ 7,486	$ 7,582
Federal funds sold	38,859	6,279
Total cash and cash equivalents	46,345	13,861
Securities available for sale, at fair value	99,304	108,798
Securities held to maturity, at amortized cost (fair value 2011 - $1,572; 2010 - $2,541)	1,544	2,525
Total securities	100,848	111,323
Mortgage and SBA loans held for sale	307	1,854
Loans, net of unearned income	224,065	261,449
Allowance for loan losses	(9,322)	(10,524)
Loans, net	214,743	250,925
Bank premises and equipment, net	8,117	8,650
Accrued interest receivable	1,268	1,528
Bank owned life insurance	10,625	10,232
Other real estate owned, net of valuation allowance of $279 and $93, respectively	6,809	2,394
Other assets	6,295	8,375
Total other assets	33,114	31,179
Total Assets	395,357	409,142
Deposits:
Non-interest bearing demand deposits	37,473	35,370
Interest bearing demand deposits, MMDA, and NOW accounts	96,107	82,802
Savings deposits	40,227	38,569
Certificates of deposit under $100,000	110,153	128,729
Certificates of deposit $100,000 and over	48,882	60,592
Total deposits	332,842	346,062
Securities sold under repurchase agreements	1,393	2,973
FHLB term borrowings	40,000	40,000
Capital trust preferred securities	5,155	5,155
Total long-term borrowings	45,155	45,155
Total borrowings	46,548	48,128
Accrued interest payable	665	554
Other liabilities	2,738	2,804
Total liabilities	382,793	397,548
Commitments and Contingencies
Stockholders' Equity
Preferred stock, Series A, cumulative,$1.25 par value; $1,000 liquidation value; 1,000,000 authorized shares; 11,385 shares issued and outstanding in 2011 and 2010, respectively	11,385	11,385
Common stock, $1.25 par value; 30,000,000 shares authorized, in 2011 and 2010, and 2,673,666 (includes 47,689 of restricted stock awards) and 2,622,529 shares issued and outstanding in 2011 and 2010, respectively	3,282	3,278
Surplus	16,924	16,899
Retained deficit	(14,358)	(15,063)
Common stock warrant	412	412
Discount on preferred stock	(199)	(272)
Accumulated other comprehensive loss, net	(4,882)	(5,045)
Total stockholders' equity	12,564	11,594
Total Liabilities and Stockholders' Equity	$ 395,357	$ 409,142

CENTRAL VIRGINIA BANKSHARES INC 10-K