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Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Interest received $ 73,849 $ 78,119 $ 81,904
Fees and commissions received 24,168 20,814 18,453
Interest paid (5,584) (9,003) (16,211)
Cash paid to suppliers and employees (65,405) (71,016) (66,705)
Income taxes received (paid) (157) 2 (9)
Origination of loans designated held for sale (208,998) (188,064) (137,295)
Sale of loans designated held for sale 231,187 167,921 143,019
Net change in other assets 792 (835) 585
Net cash provided (used) by operating activities 49,852 (2,062) 23,741
CASH FLOWS FROM INVESTING ACTIVITIES      
Maturities of securities available for sale 155,627 133,651 115,287
Maturities of securities held for investment 0 6,395 7,733
Proceeds from sale of securities available for sale 67,330 256,102 52,689
Purchases of securities available for sale (230,118) (384,120) (379,262)
Purchases of securities held for investment 0 (500) (1,526)
Net new loans and principal payments (88,039) (54,633) (15,248)
Proceeds from sale of loans 379 0 1,450
Proceeds from the sale of other real estate owned 8,843 18,369 38,075
Proceeds from sale of Federal Home Loan Bank and Federal Reserve Bank Stock 943 296 1,363
Purchase of Federal Home Loan Bank and Federal Reserve Bank Stock (1,303) (142) (360)
Additions to bank premises and equipment (2,817) (3,839) (1,070)
Net cash (used) by investing activities (89,155) (28,421) (180,869)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase in deposits 47,085 40,223 81,517
Net increase in federal funds purchased and repurchase agreements 14,507 551 38,039
Issuance of common stock, net of related expense 46,977 0 0
Repurchase of stock warrants, including related expense 0 (81) 0
Stock based employee benefit plans 190 196 123
Redemption of preferred stock (50,000) 0 0
Dividends paid on preferred shares (2,819) (2,500) (6,875)
Net cash provided by financing activities 55,940 38,389 112,804
Net increase (decrease) in cash and cash equivalents 16,637 7,906 (44,324)
Cash and cash equivalents at beginning of year 174,987 167,081 211,405
Cash and cash equivalents at end of year $ 191,624 $ 174,987 $ 167,081