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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Net income $ 8,275 $ 6,758
Depreciation 792 1,070
Provision for loan losses 300 2,450
Impairment on securities 84 195
Gain on securities transactions, net (108) (129)
Loss on writedown and sale of foreclosed assets 944 1,313
Loss on sale of premises and equipment   11
Amortization of premiums and discounts on securities, net 330 116
Amortization of deferred loan fees and discounts (858) (881)
Amortization of core deposit intangibles 42 65
Stock-based compensation 60 68
Changes in:    
Accrued interest receivable 389 776
Other assets (1,781) 1,911
Accrued interest payable (52) (151)
Other liabilities 8,214 4,177
Net cash provided by operating activities 16,631 17,749
Purchases of securities available-for-sale (105,708) (91,002)
Purchases of other investments (2) (2)
Proceeds from sales of securities available-for-sale   7,927
Proceeds from maturities, calls, and principal paydowns of securities available-for-sale 101,146 112,363
Proceeds from sales and maturities of other investments 711 333
Net change in loans (60,259) 60,127
Proceeds from sale of foreclosed assets 15,958 14,460
Purchases of premises and equipment (290) (780)
Net cash (used in) provided by investing activities (48,444) 103,426
Net change in:    
Deposits 13,482 (52,692)
Other borrowings (315) (20,388)
Proceeds from issuance of common stock 45,969  
Repurchase of common stock (145)  
Repurchase of preferred stock (44,443)  
Cash dividends paid on preferred stock (1,433) (2,272)
Net cash provided by (used in) financing activities 13,115 (75,352)
Net (decrease) increase in cash and cash equivalents (18,698) 45,823
Cash and cash equivalents at beginning of period 193,609 151,725
Cash and cash equivalents at end of period 174,911 197,548
Supplemental information:    
Interest paid 7,723 10,633
Income taxes paid 3,482 1,022
Foreclosed assets acquired 5,799 19,661
Loans originated to finance foreclosed assets 6,501 3,305
Incentive Plan [Member]
   
Supplemental information:    
Issuance of common stock pursuant to incentive plan   $ 609
Restricted Stock [Member]
   
Supplemental information:    
Issuance of common stock – restricted shares (in Shares) 3,024