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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 339,242 $ 289,358 [1]
Federal funds sold 5,023 4,856 [1]
Cash and cash equivalents 344,265 294,214 [1]
Interest earning deposits in other banks 0 0 [1]
Securities available for sale 217,556 202,002 [1]
Securities held to maturity (with a market value of $467) 0 465 [1]
Loans held for sale 617 1,299 [1]
Loans, net of unearned interest 1,560,503 1,745,378 [1]
Allowance for loan losses (62,728) (66,830) [1]
Other real estate owned and repossessed assets 79,690 60,095 [1]
Premises and equipment, net 76,886 78,794 [1]
FHLB and other stock, at cost 12,734 12,734 [1]
Cash surrender value of life insurance 32,040 31,479 [1]
Core deposit and other intangibles 5,502 6,751 [1]
Deferred tax asset (net of valuation allowance of $52,268 and $43,455) 5,645 2,177 [1]
Other assets 21,105 37,482 [1]
Total assets 2,293,815 2,406,040 [1]
Liabilities    
Non-interest bearing deposits 171,369 152,752 [1]
Interest bearing deposits 1,710,620 1,822,703 [1]
Brokered deposits 1,399 1,399 [1]
Total deposits 1,883,388 1,976,854 [1]
Repurchase agreements 18,713 19,413 [1]
FHLB advances and notes payable 157,859 158,653 [1]
Subordinated debentures 88,662 88,662 [1]
Accrued interest payable and other liabilities 23,147 18,561 [1]
Total liabilities 2,171,769 2,262,143 [1]
Shareholders' equity    
Preferred stock: no par, 1,000,000 shares authorized, 72,278 shares outstanding 68,815 68,121 [1]
Common stock: $2 par, 20,000,000 shares authorized, 13,257,606 and 13,188,896 shares outstanding 26,515 26,378 [1]
Common stock warrants 6,934 6,934 [1]
Additional paid-in capital 189,051 188,901 [1]
Accumulated Deficit (171,381) (147,436) [1]
Accumulated other comprehensive income 2,112 999 [1]
Total shareholders' equity 122,046 143,897 [1]
Total liabilities and shareholders' equity $ 2,293,815 $ 2,406,040 [1]
[1] Derived from the audited consolidated balance sheet, as filed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010.