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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Loans receivable, including fees:      
Taxable $ 71,307 $ 70,423 $ 74,113
Tax-exempt 4,020 4,521 4,345
Securities:      
Taxable 22,362 22,275 19,858
Tax-exempt 1 14 65
Federal funds sold 5 14 2
Total interest income 97,695 97,247 98,383
Interest Expense      
Deposits 11,443 13,467 17,287
Short-term borrowings 439 317 1,038
Long-term debt 2,814 3,613 4,452
Total interest expense 14,696 17,397 22,777
Net interest income 82,999 79,850 75,606
Provision for loan losses 20,592 21,000 12,425
Net interest income after provision for loan losses 62,407 58,850 63,181
Noninterest Income      
Service charges, fees and other operating income 27,773 26,681 24,681
Gains on sales of loans 2,728 2,434 546
Total fees and other income 30,501 29,115 25,227
Other-than-temporary impairment losses (324) (4,904) (17,011)
Portion recognized in other comprehensive income (before taxes) 0 3,942 14,670
Net impairment loss on investment securities (324) (962) (2,341)
Net gains on sales/call of securities 350 2,801 1,571
Debt prepayment charge (75) (1,574) 0
Total noninterest income 30,452 29,380 24,457
Noninterest Expenses      
Salaries and employee benefits 40,318 41,494 43,426
Occupancy 9,155 8,429 8,166
Furniture and equipment 5,465 5,134 4,766
Advertising and marketing 2,016 2,967 2,751
Data processing 14,211 13,121 9,155
Telephone, postage and supplies 4,356 4,412 6,412
Regulatory assessments and related fees 3,638 4,598 3,992
Loan expense 1,098 1,658 1,581
Foreclosed real estate 2,275 1,380 578
Branding/core system conversion (net) 1,891 0 917
Merger/acquisition 0 17 765
Consulting fees 1,496 4,508 762
Other 8,095 9,385 8,439
Total noninterest expenses 94,014 97,103 91,710
Loss before taxes (1,155) (8,873) (4,072)
Benefit for federal income taxes (1,444) (4,536) (2,174)
Net income (loss) $ 289 $ (4,337) $ (1,898)
Net Income (Loss) per Common Share      
Basic (in dollars per share) $ 0.02 $ (0.33) $ (0.24)
Diluted (in dollars per share) $ 0.02 $ (0.33) $ (0.24)
Average Common and Common Equivalent Shares Outstanding      
Basic (in shares) 13,919 13,563 8,241
Diluted (in shares) 13,919 13,563 8,241