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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 48,561 $ 45,620
Interest bearing deposits with other banks 143,063 129,367
Total cash and cash equivalents 191,624 174,987
Securities available for sale (at fair value) 641,611 643,050
Securities held for investment (fair value: $14,542 in 2012) 0 13,818
Total securities 641,611 656,868
Loans available for sale 13,832 36,021
Loans, including deferred costs of $2,618 in 2013 and $1,530 in 2012 1,304,207 1,226,081
Less: Allowance for loan losses (20,068) (22,104)
Net loans 1,284,139 1,203,977
Bank premises and equipment, net 34,505 34,465
Other real estate owned 6,860 11,887
Other intangible assets 718 1,501
Other assets 95,651 54,223
TOTAL ASSETS 2,268,940 2,173,929
LIABILITIES    
Demand deposits (noninterest bearing) 464,006 422,833
NOW 540,288 509,371
Savings deposits 192,491 164,956
Money market accounts 331,184 343,915
Other time deposits 154,743 182,495
Brokered time certificates 9,776 8,203
Time certificates of $100,000 or more 113,557 127,188
Total deposits 1,806,045 1,758,961
Federal funds purchased and securities sold under agreement to repurchase, maturing within 30 days 151,310 136,803
Borrowed funds 50,000 50,000
Subordinated debt 53,610 53,610
Other liabilities 9,371 9,009
Total liabilities 2,070,336 2,008,383
Commitments and Contingencies (Notes K and P)      
SHAREHOLDERS' EQUITY    
Series A preferred stock, par value $0.10 per share-authorized 4,000,000 shares, 2,000 shares of Series A issued and outstanding in 2012 0 48,746
Common stock, par value $0.10 per share authorized 60,000,000 shares, issued 23,638,373 and outstanding 23,637,434 shares in 2013 and authorized 60,000,000 shares, issued 18,975,129 and outstanding 18,967,434 shares in 2012 2,364 1,897
Additional paid-in capital 277,290 230,438
Accumulated deficit (70,695) (118,611)
Less: Treasury stock (939 shares in 2013 and 7,695 shares in 2012), at cost (11) (62)
Total shareholders' equity before accumulated other comprehensive income, net 208,948 162,408
Accumulated other comprehensive income, net (10,344) 3,138
TOTAL SHAREHOLDERS' EQUITY 198,604 165,546
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,268,940 $ 2,173,929