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Condensed Consolidated Statements of Operations (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest Income    
Interest and fees on loans $ 20,710 $ 24,346
Interest on securities    
Taxable 670 658
Tax-exempt 238 296
Other investments 332 396
Total Interest Income 21,950 25,696
Interest Expense    
Deposits 1,529 2,424
Other borrowings 865 1,172
Total Interest Expense 2,394 3,596
Net Interest Income 19,556 22,100
Provision for loan losses (691) 5,131
Net Interest Income After Provision for Loan Losses 20,247 16,969
Non-interest Income    
Service charges on deposit accounts 3,406 4,201
Interchange income 1,757 2,322
Net gains (losses) on assets    
Mortgage loans 3,637 3,860
Securities 84 684
Other than temporary impairment loss on securities    
Total impairment loss 0 (177)
Loss recognized in other comprehensive loss 0 0
Net impairment loss recognized in earnings 0 (177)
Mortgage loan servicing 622 736
Title insurance fees 484 508
Increase in fair value of U.S. Treasury warrant (1,045) (154)
Other 2,123 2,604
Total Non-interest Income 11,068 14,584
Non-interest Expense    
Compensation and employee benefits 11,307 12,482
Occupancy, net 2,424 2,716
Loan and collection 2,226 2,890
Data processing 1,916 1,933
Furniture, fixtures and equipment 1,032 1,196
Communications 780 973
Legal and professional 692 897
Provision for loss reimbursement on sold loans 663 432
Net losses on other real estate and repossessed assets 652 987
FDIC deposit insurance 630 857
Advertising 570 556
Interchange expense 410 406
Credit card and bank service fees 334 651
Vehicle service contract counterparty contingencies 127 471
Recoveries related to unfunded lending commitments (19) (47)
Other 1,729 649
Total Non-interest Expense 25,473 28,049
Income Before Income Tax 5,842 3,504
Income tax expense 35 0
Net Income 5,807 3,504
Preferred stock dividends and discount accretion 1,095 1,056
Net Income Applicable to Common Stock $ 4,712 $ 2,448
Net Income Per Common Share    
Basic (in dollars per share) $ 0.51 [1] $ 0.29 [1]
Diluted (in dollars per share) $ 0.27 $ 0.07
Dividends Per Common Share    
Declared (in dollars per share) $ 0.00 $ 0.00
Paid (in dollars per share) $ 0.00 $ 0.00
[1] Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.