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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
Assets      
Cash and due from banks $ 68,552 $ 74,326 $ 54,444
Federal funds sold and interest bearing accounts 218,330 261,262 240,075
Investment securities available for sale, at fair value 334,376 322,581 237,764
Other investments 10,354 12,440 7,752
Loans 1,360,063 1,374,757 1,493,126
Covered loans 486,489 554,991 192,545
Less: allowance for loan losses 34,523 34,576 34,468
Loans, net 1,812,029 1,895,172 1,651,204
Other real estate owned 61,533 57,915 41,079
Covered other real estate owned 63,583 54,931 25,845
Total other real estate owned 125,116 112,846 66,924
FDIC indemnification asset 160,927 177,187 59,179
Premises and equipment, net 65,925 66,589 66,708
Intangible assets, net 3,745 4,261 3,314
Goodwill 956 956  
Other assets 56,927 44,548 34,546
Total assets 2,857,237 2,972,168 2,421,910
Liabilities and Stockholders' Equity      
Noninterest-bearing 318,004 301,971 218,012
Interest-bearing 2,193,359 2,233,455 1,862,014
Total deposits 2,511,363 2,535,426 2,080,026
Securities sold under agreements to repurchase 17,136 68,184 17,600
Other borrowings   43,495  
Other liabilities 9,311 9,387 7,145
Subordinated deferrable interest debentures 42,269 42,269 42,269
Total liabilities 2,580,079 2,698,761 2,147,040
Commitments and contingencies      
Stockholders' Equity      
Preferred stock, stated value $1,000; 5,000,000 shares authorized; 52,000 shares issued 50,419 50,121 49,832
Common stock, par value $1; 30,000,000 shares authorized; 25,102,218, 24,982,911 and 24,961,239 issued 25,102 24,983 24,961
Capital surplus 166,170 165,930 165,398
Retained earnings 38,888 37,000 37,665
Accumulated other comprehensive income 7,410 6,204 7,834
Treasury stock, at cost, 1,336,174, 1,336,174 and 1,334,234 shares (10,831) (10,831) (10,820)
Total stockholders' equity 277,158 273,407 274,870
Total liabilities and stockholders' equity $ 2,857,237 $ 2,972,168 $ 2,421,910