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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income (loss) $ 3,779 $ 3 $ (31,736)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 2,609 2,955 3,127
Stock-based compensation expense 122 216 361
Net amortization of premiums on securities 5,898 2,351 2,935
Provisions for losses on loans 4,306 7,289 24,012
Goodwill impairment 0 0 11,662
Deferred tax asset valuation allowance 0 0 8,766
Deferred income tax benefit 0 (152) (9,649)
Amortization of core deposit intangibles 117 122 129
(Gain) on sale of loans, investments, property and equipment (2,634) (1,113) (2,309)
Impact of hedge dedesignation and current fair value adjustment 239 0 0
OTTI credit loss on available-for-sale investments 357 [1] 145 [1] 828 [1]
OREO valuation adjustment 172 921 2,958
Accretion of deferred gain on sale of branch property (15) (15) (15)
Net accretion of loan and deposit discounts and premiums (14) (20) (35)
Increase in cash surrender value of bank-owned life insurance (345) (362) (368)
Change in value of stock warrants (180) 0 0
Change in:      
Accrued interest receivable (220) 260 717
Prepaid expenses and other assets 2,395 1,196 7,015
Accrued interest payable and other liability (299) 270 195
Accrued expenses and other cashiers checks 1,543 (220) (1,255)
Proceeds from sale of loans originated from sale 81,998 51,313 64,287
Loans originated for sale (76,287) (52,466) (59,521)
Net cash provided by operating activities 23,541 12,693 22,104
Cash flows from investing activities:      
Proceeds from Sale of Federal Reserve Stock 41 0 0
Purchases of available-for-sale securities (143,526) (122,097) (66,820)
Proceeds from sales, calls or maurities of available-for-sale securities 8,942 40,125 15,336
Principal payments on mortgage-backed securities 69,271 49,456 52,370
Purchases of held to maturity securities 0 0 (7,927)
Proceeds from sales, calls or maturities of held-to-maturity securities 1,411 6,043 861
Loans made to customers less (greater) than principal collected on loans (24,674) 44,134 59,450
Purchase of office properties (386) (397) (987)
Sale of premises and equipment 17 0 40
Proceeds from sale of other real estate owned 3,391 6,429 13,441
Net change in restricted cash (10,478) 623 (782)
Net cash provided by (used in) investing activities (95,991) 24,316 64,982
Cash flows from financing activities:      
Proceeds from issuance of series B preferred stock, gross 32,460 0 0
Proceeds from issuance of common stock, gross 22,532 0 0
Proceeds from issuance of warrant, gross 1,007 0 0
Capital issuance costs (5,651) 0 0
Net change in demand, money market and savings deposits 71,264 484 (14,140)
Net change in certificates of deposit (51,703) (49,943) (26,348)
Net change in repurchase agreements (8,366) (20,012) 9,883
Retirement of treasury stock 0 (4) (4)
Payment of preferred stock dividends (4,354) 0 0
Payoff of FHLB Advances (25,000) (5,000) (15,000)
Net cash provided by (used in) financing activities 32,189 (74,475) (45,609)
Net change in cash and cash equivalents (40,261) (37,466) 41,477
Cash and cash equivalents, beginning of year 107,200 144,666 103,189
Cash and cash equivalents, end of year 66,939 107,200 144,666
Cash paid during the period for:      
Interest 5,877 6,542 10,590
Income taxes, net of tax refunds received (8) 8 (7)
Noncash investing and financing activities:      
Loans converted to other real estate owned 1,864 9,572 8,946
Accrual of preferred stock dividend $ 0 $ 1,453 $ 1,384
[1] Consisting of $7, $229 and $1,529 of total other-than-temporary impairment net losses, net of $(350), $84 and $701, recognized in other comprehensive income, for the years ended December 31, 2012, 2011 and 2010, respectively.