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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Successor [Member]
Sep. 30, 2011
Predecessor [Member]
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 337 $ (13,495)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 731 740
Stock based compensation 25 98
Provision for loan losses 3,730 14,511
Accretion of purchased loans (13,723) 0
Amortization of core deposit intangible 194 100
Amortization of premium on time deposits (2,438) 0
Accretion of discount on long-term debt 110 0
Gain on mortgage loan commitments 602 187
Net gain on sales of mortgage loans 1,687 499
Originations of mortgage loans held for sale 85,764 37,992
Proceeds from sales of mortgage loans 84,269 40,810
Net increase in cash surrender value of bank owned life insurance 539 585
Deferred income taxes 109 0
Gain on sale of available for sale securities 648 299
Net amortization of premiums on available for sale securities 373 1,582
Net loss on disposal of and valuation writedowns to foreclosed assets 196 1,636
Loss on disposal of premises and equipment 0 (1)
Gains from change in fair value of interest rate swaps (178) 0
Change in assets and liabilities:    
(Increase) decrease in accrued interest receivable 1,354 (711)
(Increase) decrease in other assets (683) (4,496)
Increase (decrease) in accrued interest payable (350) 3
Increase in accrued expenses and other liabilities (1,391) 523
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (17,917) 12,154
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of investment securities available for sale (47,689) (83,826)
Principal repayments of investment securities available for sale 11,454 28,041
Proceeds from sales of securities available for sale 50,291 21,520
Proceeds from disposal of foreclosed assets 7,005 5,080
Redemption of Federal Home Loan Bank stock 7,414 1,365
Loan originations and principal collections, net 5,655 32,024
Proceeds from sale of loans 14,809 11,404
Purchases of premises and equipment (1,129) (142)
NET CASH PROVIDED BY INVESTING ACTIVITIES 47,810 15,466
CASH FLOWS FROM FINANCING ACTIVITIES    
Demand (4,761) 8,695
Savings (8,060) (14,642)
Money market and NOW 21,188 6,119
Time deposits (46,448) (38,381)
Net decrease in short-term borrowings 0 (2,000)
Net decrease in long-term debt 0 (5,000)
Dividends paid on preferred stock (2,288) 0
NET CASH USED IN FINANCING ACTIVITIES (40,369) (45,209)
NET INCREASE IN CASH AND CASH EQUIVALENTS (10,476) (17,589)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 25,362 49,106
CASH AND CASH EQUIVALENTS, END OF PERIOD 14,886 31,517
SUPPLEMENTAL DISCLOSURES:    
Interest 6,409 13,389
Income taxes 0 0
Noncash investing activities:    
Transfers of loans to foreclosed assets $ 2,012 $ 4,834