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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and due from banks ($653 and $2,748, respectively, are restricted) $ 25,399 $ 19,766
Interest-bearing deposits 80,514 61,186
Federal funds sold 0 735
Total cash, restricted cash and cash equivalents 105,913 81,687
Investment securities available for sale, at fair value 297,874 199,556
Federal Home Loan Bank stock 7,576 7,576
Loans held for sale 22,421 10,976
Non-covered loans, net of allowance for loan losses 794,798 815,481
Covered loans, net of allowance for loan losses 268,211 364,817
Total loans 1,063,009 1,180,298
Premises and equipment, net 37,492 37,847
Bank owned life insurance 17,513 17,202
Goodwill and other intangible assets, net 5,214 5,836
Non-covered other real estate owned 1,976 4,122
Covered other real estate owned 26,622 29,766
FDIC indemnification asset 65,586 106,067
Other assets 19,417 23,554
Total assets 1,670,613 1,704,487
Deposits    
Noninterest-bearing demand 219,250 184,098
Interest-bearing 1,247,094 1,308,122
Total deposits 1,466,344 1,492,220
Junior subordinated debentures 25,774 25,774
Other liabilities 7,744 4,847
Total liabilities 1,499,862 1,522,841
Shareholders' Equity:    
Preferred stock, no par value; 26,380 shares authorized Series A (liquidiation preference $1,000 per share); no shares issued and outstanding at December 31, 2011 and 26,380 shares issued and outstanding at December 31, 2010 0 25,334
Common stock, no par value; 35,000,000 shares authorized; 15,398,197 and 15,321,227 shares issued and outstanding at December 31, 2011 and December 31, 2010, respectively 84,564 85,264
Retained earnings 83,107 71,307
Accumulated other comprehensive income (loss) 3,080 (259)
Total shareholders' equity 170,751 181,646
Total liabilities and shareholders' equity $ 1,670,613 $ 1,704,487