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UNAUDITED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Cash and cash equivalents    
Cash and due from banks $ 5,560 $ 96,228
Interest earning deposits at Federal Reserve Bank 692,582 652,946
Total cash and cash equivalents 698,142 749,174
Investment securities, available-for-sale, at fair value 582,219 448,204
Investment securities, held-to-maturity (fair value $13,575 and $13,826, respectively) 17,796 18,044
Federal Home Loan and Atlantic Central Bankers Bank stock 4,596 5,088
Loans, net of deferred loan costs 1,804,312 1,744,828
Allowance for loan and lease losses (31,171) (29,568)
Loans, net 1,773,141 1,715,260
Premises and equipment, net 8,694 8,358
Accrued interest receivable 9,297 8,476
Intangible assets, net 7,504 8,004
Other real estate owned 4,919 7,405
Deferred tax asset, net 20,716 21,941
Other assets 23,178 20,727
Total assets 3,150,202 3,010,681
Deposits    
Demand and interest checking 2,335,960 2,192,938
Savings and money market 456,614 454,343
Time deposits 20,619 25,528
Time deposits, $100,000 and over 9,104 9,742
Total deposits 2,822,297 2,682,551
Securities sold under agreements to repurchase 21,948 33,177
Accrued interest payable 127 123
Subordinated debenture 13,401 13,401
Other liabilities 9,555 9,950
Total liabilities 2,867,328 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 at June 30, 2012 and December 31, 2011, respectively 33,201 33,196
Treasury stock, at cost (100,000 shares) (866) (866)
Additional paid-in capital 243,284 241,997
Accumulated deficit (1,451) (9,277)
Accumulated other comprehensive income 8,706 6,429
Total shareholders' equity 282,874 271,479
Total liabilities and shareholders' equity $ 3,150,202 $ 3,010,681