CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $) In Thousands, except Share data, unless otherwise specified	Total	Preferred Stock	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income/(Loss)	Comprehensive Income
Balance at Dec. 31, 2008	$ 299,949		$ 10,394	$ (9,367)	$ 221,789	$ 74,018	$ 3,115
Balance (in shares) at Dec. 31, 2008			20,136,188
Increase (Decrease) in Shareholders' Equity
Net income (loss)	(64,139)					(64,139)		(64,139)
Change in unrealized gains/(losses) on securities, net of tax and reclassification effects	9,496						9,496	9,496
Total comprehensive income (loss)								(54,643)
Stock option expense	115				115
Cash dividends ($.04, $.04 and $.255 per share for the years ended December 31, 2011, 2010 and 2009, respectively) - common stock	(5,135)					(5,135)
Issuance of preferred stock, net of issuance costs	55,783	55,783
Issuance of warrant to purchase common stock	1,116				1,116
Dividends - preferred stock	(2,723)					(2,723)
Accretion of preferred stock discount		196				(196)
Balance at Dec. 31, 2009	294,462	55,979	10,394	(9,367)	223,020	1,825	12,611
Balance (in shares) at Dec. 31, 2009			20,136,188
Increase (Decrease) in Shareholders' Equity
Net income (loss)	14,802					14,802		14,802
Change in unrealized gains/(losses) on securities, net of tax and reclassification effects	(3,153)						(3,153)	(3,153)
Total comprehensive income (loss)								11,649
Stock option expense	114				114
Cash dividends ($.04, $.04 and $.255 per share for the years ended December 31, 2011, 2010 and 2009, respectively) - common stock	(805)					(805)
Dividends - preferred stock	(2,850)					(2,850)
Accretion of preferred stock discount		204				(204)
Balance at Dec. 31, 2010	302,570	56,183	10,394	(9,367)	223,134	12,768	9,458
Balance (in shares) at Dec. 31, 2010			20,136,188
Increase (Decrease) in Shareholders' Equity
Net income (loss)	23,813					23,813		23,813
Change in unrealized gains/(losses) on securities, net of tax and reclassification effects	13,434						13,434	13,434
Total comprehensive income (loss)								37,247
Stock option expense	72				72
Cash dividends ($.04, $.04 and $.255 per share for the years ended December 31, 2011, 2010 and 2009, respectively) - common stock	(807)					(807)
Restricted stock award	101		5		96
Restricted stock award (in shares)			46,244
Director retainer award	220		12		208
Director retainer award (in shares)			23,782
Dividends - preferred stock	(2,850)					(2,850)
Accretion of preferred stock discount		204				(204)
Balance at Dec. 31, 2011	$ 336,553	$ 56,387	$ 10,411	$ (9,367)	$ 223,510	$ 32,720	$ 22,892
Balance (in shares) at Dec. 31, 2011			20,206,214