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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income:        
Loans $ 155,225 $ 144,934 $ 437,990 $ 449,219
Investment securities 11,344 13,283 33,513 52,610
Money market investments 395 325 1,220 1,034
Total interest income 166,964 158,542 472,723 502,863
Interest expense:        
Deposits 29,953 46,140 100,176 149,724
Securities sold under agreements to repurchase 6,707 10,700 21,825 36,858
Advances from FHLB 2,953 3,796 9,222 12,760
Notes payable and other borrowings 1,848 3,651 5,426 8,552
Total interest expense 41,461 64,287 136,649 207,894
Net interest income 125,503 94,255 336,074 294,969
Provision for loan and lease losses 28,952 46,446 90,033 194,362
Net interest income after provision for loan and lease losses 96,551 47,809 246,041 100,607
Non-interest income:        
Service charges on deposit accounts 3,267 3,098 9,754 9,484
Other service charges 1,098 1,485 3,843 4,659
Mortgage banking activities 4,728 3,676 13,260 19,603
Net gain on sale of investments 10 12,506 36 53,796
Other-than-temporary impairment losses on investment securities:        
Total other-than-temporary impairment losses            
Portion of loss previously recognized in other comprehensive income (557) (350) (1,933) (957)
Net impairment losses on investment securities (557) (350) (1,933) (957)
Loss on early extinguishment of borrowings   (9,012)   (10,835)
Equity in losses of unconsolidated entities (2,199) (4,357) (10,926) (5,893)
Other non-interest income 8,779 6,918 23,589 23,454
Total non-interest income 15,126 13,964 37,623 93,311
Non-interest expenses:        
Employees' compensation and benefits 31,058 29,375 93,770 89,221
Occupancy and equipment 15,208 15,468 46,065 46,321
Business promotion 4,004 2,509 10,026 8,801
Professional fees 6,295 5,983 16,796 17,192
Taxes, other than income taxes 3,499 3,420 10,350 9,953
Insurance and supervisory fees 13,023 15,041 39,333 44,622
Net loss on real estate owned (REO) and REO operations 8,686 4,952 18,915 16,423
Other non-interest expenses 10,070 6,183 28,723 19,695
Total non-interest expenses 91,843 82,931 263,978 252,228
Income (loss) before income taxes 19,834 (21,158) 19,686 (58,310)
Income tax expense (761) (2,888) (4,439) (9,080)
Net income (loss) 19,073 (24,046) 15,247 (67,390)
Net income (loss) attributable to common stockholders $ 19,073 $ (31,143) $ 15,247 $ (88,785)
Net income (loss) per common share:        
Basic $ 0.09 $ (1.46) $ 0.07 $ (4.17)
Diluted $ 0.09 $ (1.46) $ 0.07 $ (4.17)
Dividends declared per common share