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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2010
Mar. 31, 2011
Restated
ASSETS    
Cash and due from banks $ 56,188 $ 48,185
Interest earning deposits 22,885 1,435
Total cash and cash equivalents 79,073 49,620
Investment securities:    
Available for sale, at estimated fair value 299,344 320,720
Held to maturity, at amortized cost 1,495 1,495
Mortgage-backed and related securities:    
Available for sale, at estimated fair value 886,574 874,693
Securities carried at fair value through income 72,176 233,260
Held to maturity, at amortized cost 405,367 396,579
FHLB stock, at cost 34,712 29,216
Other investments, at cost 2,064 2,064
Loans held for sale 6,583 2,665
Loans:    
Loans 1,077,920 1,063,644
Less: allowance for loan losses (20,711) (19,780)
Net loans 1,057,209 1,043,864
Premises and equipment, net 50,144 50,340
Goodwill 22,034 22,034
Other intangible assets, net 777 708
Interest receivable 18,033 15,215
Deferred tax asset 6,603 4,560
Other assets 57,571 54,857
TOTAL ASSETS 2,999,759 3,101,890
Deposits:    
Noninterest bearing 423,304 459,906
Interest bearing 1,711,124 1,740,917
Total Deposits 2,134,428 2,200,823
Short-term obligations:    
Federal funds purchased and repurchase agreements 3,844 2,981
FHLB advances 189,094 214,456
Other obligations 2,651 2,144
Total Short-term obligations 195,589 219,581
Long-term obligations:    
FHLB advances 373,479 322,242
Long-term debt 60,311 60,311
Total Long-term obligations 433,790 382,553
Other liabilities 20,378 73,376
TOTAL LIABILITIES 2,784,185 2,876,333
Off-Balance-Sheet Arrangements, Commitments and Contingencies (Note 11)      
Shareholders' equity:    
Common stock - $1.25 par, 40,000,000 shares authorized, 18,465,255 shares issued in 2011 (including 790,405 shares declared on March 31, 2011 as a stock dividend) and 17,660,312 shares issued in 2010 22,075 23,081
Paid-in capital 162,877 178,274
Retained earnings 64,179 53,786
Treasury stock (2,023,838 shares at cost) (28,377) (28,377)
Accumulated other comprehensive loss (6,293) (3,070)
TOTAL SHAREHOLDERS' EQUITY 214,461 223,694
Noncontrolling interest 1,113 1,863
TOTAL EQUITY 215,574 225,557
TOTAL LIABILITIES AND EQUITY $ 2,999,759 $ 3,101,890