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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 20,791 $ 23,413
Federal funds sold 143 3,153
Interest-bearing deposits (including $2,650 and $1,520 pledged as collateral) 167,209 267,102
Total cash and cash equivalents 188,143 293,668
Interest-bearing deposits greater than 90 days 1,502 1,751
Securities available for sale 593,182 361,546
Mortgage loans held for sale 6,494 5,640
Portfolio loans not covered under FDIC loss share 1,897,074 1,766,351
Portfolio loans covered under FDIC loss share at fair value 300,610 121,570
Less: Allowance for loan losses 39,624 42,759
Portfolio loans, net 2,158,060 1,845,162
Other real estate not covered under FDIC loss share 17,217 25,373
Other real estate covered under FDIC loss share 36,471 10,835
Other investments, at cost 14,527 12,278
Fixed assets, net 18,986 20,499
Accrued interest receivable 9,193 7,464
State tax credits, held for sale, including $26,350 and $31,576 carried at fair value, respectively 50,446 61,148
FDIC loss share receivable 184,554 87,792
Goodwill 30,334 2,064
Intangibles, net 9,285 1,223
Other assets 59,385 63,756
Total assets 3,377,779 2,800,199
Liabilities and Shareholders' Equity    
Demand deposits 585,479 366,086
Interest-bearing transaction accounts 253,504 204,687
Money market accounts 1,084,304 855,522
Savings 51,145 10,181
Certificates of deposit:    
$100 and over 550,535 543,898
Other 266,386 317,347
Total deposits 2,791,353 2,297,721
Subordinated debentures 85,081 85,081
Federal Home Loan Bank advances 102,000 107,300
Other borrowings 154,545 119,333
Accrued interest payable 1,762 1,488
Other liabilities 3,473 9,475
Total liabilities 3,138,214 2,620,398
Shareholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 35,000 shares issued and outstanding 33,293 32,519
Common stock, $0.01 par value; 30,000,000 shares authorized; 17,849,862 and 14,965,401 shares issued, respectively 178 150
Treasury stock, at cost; 76,000 shares (1,743) (1,743)
Additional paid in capital 169,138 133,673
Retained earnings 35,097 15,775
Accumulated other comprehensive income (loss) 3,602 (573)
Total shareholders' equity 239,565 179,801
Total liabilities and shareholders' equity $ 3,377,779 $ 2,800,199