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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Condensed Consolidated Statements of Income [Abstract]        
Interest and fees on loans $ 14,264 $ 14,707 $ 28,291 $ 29,481
Interest and dividends on securities 3,025 3,332 6,227 7,691
Interest on interest bearing deposits and other investments 224 267 452 484
TOTAL INTEREST INCOME 17,513 18,306 34,970 37,656
Interest on deposits 692 1,551 1,432 3,500
Interest on borrowed money 707 748 1,424 1,507
TOTAL INTEREST EXPENSE 1,399 2,299 2,856 5,007
NET INTEREST INCOME 16,114 16,007 32,114 32,649
Provision for loan losses 565 6,455 1,518 8,760
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 15,549 9,552 30,596 23,889
Noninterest income        
Other income 6,335 5,219 12,266 10,156
Securities gains, net (includes net gains of $356 and $394 in other comprehensive income reclassifications for the three months and six months, respectively) 114 3,615 139 6,989
TOTAL NONINTEREST INCOME 6,449 8,834 12,405 17,145
TOTAL NONINTEREST EXPENSES 19,044 20,721 38,003 42,431
INCOME (LOSS) BEFORE INCOME TAXES 2,954 (2,335) 4,998 (1,397)
Provision for income taxes (includes $137 and $152 in income tax expense from reclassification items for the three months and six months, respectively) 0 0 0 0
NET INCOME (LOSS) 2,954 (2,335) 4,998 (1,397)
Preferred stock dividends and accretion of preferred stock discount 937 937 1,874 1,874
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 2,017 $ (3,272) $ 3,124 $ (3,271)
PER SHARE COMMON STOCK:        
Net income (loss) diluted $ 0.02 $ (0.03) $ 0.03 $ (0.03)
Net income (loss) basic $ 0.02 $ (0.03) $ 0.03 $ (0.03)
Cash dividends declared $ 0.00 $ 0.00 $ 0.00 $ 0.00
Average shares outstanding - diluted 94,682,401 94,452,317 94,654,394 94,423,611
Average shares outstanding - basic 93,973,256 93,667,231 93,960,270 93,642,680