XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 28,964 $ 20,791
Federal funds sold 30 143
Interest-bearing deposits (including $3,800 and $2,650 pledged as collateral) 56,681 167,209
Total cash and cash equivalents 85,675 188,143
Interest-bearing deposits greater than 90 days 1,000 1,502
Securities available for sale 610,357 593,182
Mortgage loans held for sale 8,245 6,494
Portfolio loans not covered under FDIC loss share 1,987,166 1,897,074
Less: Allowance for loan losses 34,222 37,989
Portfolio loans not covered under FDIC loss share, net 1,952,944 1,859,085
Portfolio loans covered under FDIC loss share, net of the allowance for loan losses ($11,102 and $1,635, respectively) 210,331 298,975
Portfolio loans, net 2,163,275 2,158,060
Other real estate not covered under FDIC loss share 12,549 17,217
Other real estate covered under FDIC loss share 18,810 36,471
Other investments, at cost 16,362 14,527
Fixed assets, net 21,469 18,986
Accrued interest receivable 10,481 9,193
State tax credits, held for sale, including $25,069 and $26,350 carried at fair value, respectively 65,873 50,446
FDIC loss share receivable 75,851 184,554
Goodwill 30,334 30,334
Intangibles, net 7,846 9,285
Other assets 65,565 59,385
Total assets 3,193,692 3,377,779
Liabilities and Shareholders' Equity    
Demand deposits 621,070 585,479
Interest-bearing transaction accounts 259,902 253,504
Money market accounts 975,216 1,084,304
Savings 81,552 51,145
Certificates of deposit:    
$100 and over 420,672 550,535
Other 192,521 266,386
Total deposits 2,550,933 2,791,353
Subordinated debentures 85,081 85,081
Federal Home Loan Bank advances 126,000 102,000
Other borrowings 147,104 154,545
Accrued interest payable 1,377 1,762
Other liabilities 15,681 3,473
Total liabilities 2,926,176 3,138,214
Shareholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 35,000 shares issued and outstanding 33,914 33,293
Common stock, $0.01 par value; 30,000,000 shares authorized; 18,039,710 and 17,849,862 shares issued, respectively 180 178
Treasury stock, at cost; 76,000 shares (1,743) (1,743)
Additional paid in capital 172,545 169,138
Retained earnings 53,232 35,097
Accumulated other comprehensive income 9,388 3,602
Total shareholders' equity 267,516 239,565
Total liabilities and shareholders' equity $ 3,193,692 $ 3,377,779