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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Successor
Dec. 31, 2010
Predecessor
ASSETS    
Cash and due from banks $ 2,091 $ 289,358
Federal funds sold 0 4,856
Cash and cash equivalents 2,091 294,214
Investment in Capital Bank, NA 315,343 0
Securities available-for-sale ("AFS") 0 202,002
Securities held-to-maturity (with a December 31, 2010 market value of $467) 0 465
FHLB and other stock, at cost 0 12,734
Loans held for sale 0 1,299
Loans, net of unearned income 0 1,745,378
Allowance for loan losses 0 (66,830)
Other real estate owned and repossessed assets 0 60,095
Bank premises and equipment, net 0 78,794
Cash surrender value of life insurance 0 31,479
Core deposit and other intangibles 0 6,751
Deferred Tax Asset (December 31, 2010 net of valuation allowance of $43,455) 0 2,177
Other assets 3,804 37,482
Total assets 321,238 2,406,040
LIABILITIES AND SHAREHOLDERS' EQUITY    
Non-interest bearing deposits 0 152,752
Interest bearing deposits 0 1,822,703
Brokered deposits 0 1,399
Total deposits 0 1,976,854
Federal funds purchased 0 0
Repurchase agreements 0 19,413
FHLB advances and notes payable 0 158,653
Subordinated debentures 45,180 88,662
Deferred Tax Liability 15,522 0
Accrued interest payable and other liabilities 487 18,561
Total liabilities 61,189 2,262,143
Shareholders' equity    
Preferred stock: no par value, 1,000,000 shares authorized, 0 and 72,278 shares outstanding 0 68,121
Common stock: $.01 and $2 par value, 300,000,000 and 20,000,000 shares authorized, 133,160,384 and 13,188,896 shares outstanding 1,332 26,378
Common stock warrants 0 6,934
Additional paid in capital 257,531 188,901
Retained earnings (deficit) 2,647 (147,436)
Accumulated other comprehensive income (1,461) 999
Total shareholders' equity 260,049 143,897
Total liabilities and shareholders' equity $ 321,238 $ 2,406,040