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Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net Income (Loss)$ (10,630)$ (26,588)
Adjustments to reconcile net income (loss) to net cash provided by operating activities  
Depreciation1,4061,927
Amortization of intangible assets789967
Amortization of mortgage servicing rights, net341452
Amortization of bond premiums, net1,6662,084
Mortgage servicing rights valuation adjustment89225
Income tax valuation allowance3,89612,816
Share based compensation5483
Provision for loan losses9,90024,150
Provision for deferred income taxes(3,896)(6,886)
Earnings on bank-owned life insurance(755)(773)
Other than temporary impairment, securities4994,022
OREO valuation allowance5,7702,365
Securities sale losses (gains), net(379)(1,913)
(Gain) on sale of other assets, net(47)(469)
(Gain) loss on sale of OREO60(34)
(Gain) loss on sale of loans(787)(1,102)
(Gain) loss on sale of branches (1,179)
Proceeds from sales of loans held for sale31,65150,621
Origination of loans held for sale(31,149)(50,135)
Change in assets and liabilities  
(Increase) decrease in other assets4,1663,259
Increase (decrease) in other liabilities(2,227)(682)
Net cash provided by operating activities10,41713,210
Cash flows from investing activities  
Proceeds from paydowns of securities available for sale31,94656,446
Proceeds from calls and maturities of securities available for sale18,00011,650
Proceeds from sales of securities available for sale19,73874,152
Purchases of securities available for sale(83,212)(152,431)
Net decrease (increase) in loans64,45882,107
(Purchase) disposal of premises and equipment(245)175
Proceeds from sale of OREO6,152801
Sale of branch, net of premium received (11,726)
Net cash provided by (used in) investing activities56,83761,174
Cash flows from financing activities  
Net increase (decrease) in deposits(68,988)(77,123)
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase5,176(4,500)
Repayment of advances from the Federal Home Loan Bank(33,001)(40,201)
Proceeds from advances from the Federal Home Loan Bank10,00035,000
Payments on notes payable(90)(85)
Net cash provided by (used in) financing activities(86,903)(86,909)
Net increase (decrease) in cash and cash equivalents(19,649)(12,525)
Cash and cash equivalents  
Beginning of period82,94556,452
End of period63,29643,927
Supplemental disclosures of cash flow information  
Interest9,01814,454
Income taxes19 
Transfers from loans to other real estate owned$ 19,151$ 11,650