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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 26,015 $ 23,413
Federal funds sold 2,371 3,153
Interest-bearing deposits (including $2,780 and $1,520 pledged as collateral) 238,987 267,102
Total cash and cash equivalents 267,373 293,668
Interest-bearing deposits greater than 90 days 1,501 1,751
Securities available for sale 462,483 361,546
Mortgage loans held for sale 5,076 5,640
Portfolio loans not covered under FDIC loss share 1,867,956 1,766,351
Portfolio loans covered under FDIC loss share at fair value 326,942 121,570
Less: Allowance for loan losses 45,451 42,759
Portfolio loans, net 2,149,447 1,845,162
Other real estate not covered under FDIC loss share 21,370 25,373
Other real estate covered under FDIC loss share 51,193 10,835
Other investments, at cost 14,648 12,278
Fixed assets, net 18,976 20,499
Accrued interest receivable 8,702 7,464
State tax credits, held for sale, including $29,494 and $31,576 carried at fair value, respectively 56,278 61,148
FDIC loss share receivable 194,216 87,792
Goodwill 30,334 2,064
Intangibles, net 9,471 1,223
Other assets 57,716 63,756
Total assets 3,348,784 2,800,199
Liabilities and Shareholders' Equity    
Demand deposits 557,290 366,086
Interest-bearing transaction accounts 241,815 204,687
Money market accounts 1,065,053 855,522
Savings 52,179 10,181
Certificates of deposit:    
$100 and over 615,067 543,898
Other 285,858 317,347
Total deposits 2,817,262 2,297,721
Subordinated debentures 85,081 85,081
Federal Home Loan Bank advances 102,000 107,300
Other borrowings 100,729 119,333
Accrued interest payable 1,892 1,488
Other liabilities 7,349 9,475
Total liabilities 3,114,313 2,620,398
Shareholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 35,000 shares issued and outstanding 33,094 32,519
Common stock, $0.01 par value; 30,000,000 shares authorized; 17,819,113 and 14,965,401 shares issued, respectively 178 150
Treasury stock, at cost; 76,000 shares (1,743) (1,743)
Additional paid in capital 168,764 133,673
Retained earnings 29,460 15,775
Accumulated other comprehensive income (loss) 4,718 (573)
Total shareholders' equity 234,471 179,801
Total liabilities and shareholders' equity $ 3,348,784 $ 2,800,199