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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 37,652 $ 41,136
Interest bearing deposits with other banks 234,382 125,945
Total cash and cash equivalents 272,034 167,081
Securities:    
Available for sale (at fair value) 574,615 648,362
Held for investment (fair values: $19,426 at March 31, 2012 and $20,487 at December 31, 2011) 18,801 19,977
TOTAL SECURITIES 593,416 668,339
Loans held for sale 8,214 6,795
Loans 1,216,392 1,208,074
Less: Allowance for loan losses (24,455) (25,565)
NET LOANS 1,191,937 1,182,509
Bank premises and equipment, net 34,151 34,227
Other real estate owned 15,530 20,946
Other intangible assets 2,088 2,289
Other assets 51,703 55,189
Total securities 2,169,073 2,137,375
LIABILITIES    
Deposits 1,737,459 1,718,741
Federal funds purchased and securities sold under agreements to repurchase, maturing within 30 days 149,316 136,252
Borrowed funds 50,000 50,000
Subordinated debt 53,610 53,610
Other liabilities 7,766 8,695
Total liabilities 1,998,151 1,967,298
SHAREHOLDERS' EQUITY    
Preferred stock, authorized 4,000,000 shares, par value $0.10 per share, issued and outstanding 2,000 shares of Series A 47,809 47,497
Warrant for purchase of 589,625 shares of common stock at $6.36 per share 3,123 3,123
Common stock, par value $0.10 per share, authorized 300,000,000 shares, issued 94,728,821 and outstanding 94,717,432 shares at March 31, 2012, and issued 94,693,002 and outstanding 94,686,801 shares at December 31, 2011 9,474 9,469
Other shareholders' equity 110,516 109,988
TOTAL SHAREHOLDERS' EQUITY 170,922 170,077
Total shareholders' equity $ 2,169,073 $ 2,137,375