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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 19,779 $ 16,520
Interest-bearing deposits in other financial institutions 57,090 357,045
Total cash and cash equivalents 76,869 373,565
Securities available-for-sale, at fair value 346,800 367,912
Securities held-to-maturity, at amortized cost (fair value of $65,659 at March 31, 2013 and $50,964 at December 31, 2012) 68,283 51,472
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 4,394 3,409
Loans, including deferred fees and costs 801,925 812,313
Allowance for loan losses (19,342) (19,027)
Loans, net 782,583 793,286
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 10,764 10,728
Company owned life insurance 48,774 48,358
Premises and equipment, net 7,632 7,469
Intangible assets 1,882 2,000
Accrued interest receivable and other assets 35,583 35,113
Total assets 1,383,564 1,693,312
Deposits:    
Demand, noninterest-bearing 397,198 727,684
Demand, interest-bearing 169,681 155,951
Savings and money market 286,784 272,047
Time deposits-under $100 23,835 25,157
Time deposits-$100 and over 189,779 190,502
Time deposits-brokered 83,763 97,807
CDARS - money market and time deposits 15,850 10,220
Total deposits 1,166,890 1,479,368
Subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 36,560 34,924
Total liabilities 1,212,729 1,523,571
Shareholders' equity:    
Common stock, no par value; 60,000,000 shares authorized; 26,333,368 shares issued and outstanding at March 31, 2013 and 26,322,147 shares issued and outstanding at December 31, 2012 131,998 131,820
Retained earnings 17,901 15,721
Accumulated other comprehensive income 1,417 2,681
Total shareholders' equity 170,835 169,741
Total liabilities and shareholders' equity 1,383,564 1,693,312
Series C convertible perpetual preferred stock
   
Shareholders' equity:    
Preferred stock $ 19,519 $ 19,519