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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Cash and cash equivalents    
Cash and due from banks $ 142,123 $ 96,228
Interest earning deposits at Federal Reserve Bank 1,663,664 652,946
Total cash and cash equivalents 1,805,787 749,174
Investment securities, available-for-sale, at fair value 481,553 448,204
Investment securities, held-to-maturity (fair value $13,700 and $13,826, respectively) 17,971 18,044
Federal Home Loan and Atlantic Central Bankers Bank stock 4,836 5,088
Loans, net of deferred loan costs 1,748,867 1,744,828
Allowance for loan and lease losses (31,500) (29,568)
Loans, net 1,717,367 1,715,260
Premises and equipment, net 8,514 8,358
Accrued interest receivable 9,032 8,476
Intangible assets, net 7,754 8,004
Other real estate owned 7,726 7,405
Deferred tax asset, net 20,804 21,941
Other assets 22,703 20,727
Total assets 4,104,047 3,010,681
Deposits    
Demand (non-interest bearing) 2,441,256 1,424,913
Savings, money market and interest checking 1,302,538 1,222,368
Time deposits 20,637 25,528
Time deposits, $100,000 and over 9,447 9,742
Total deposits 3,773,878 2,682,551
Securities sold under agreements to repurchase 25,906 33,177
Accrued interest payable 129 123
Subordinated debenture 13,401 13,401
Other liabilities 12,500 9,950
Total liabilities 3,825,814 2,739,202
SHAREHOLDERS' EQUITY    
Common stock - authorized, 50,000,000 shares of $1.00 par value; 33,201,281 and 33,196,281shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 33,201 33,196
Treasury stock, at cost (100,000 shares) (866) (866)
Additional paid-in capital 242,661 241,997
Accumulated deficit (5,305) (9,277)
Accumulated other comprehensive income 8,542 6,429
Total shareholders' equity 278,233 271,479
Total liabilities and shareholders' equity $ 4,104,047 $ 3,010,681