Regulatory Capital Requirements

12 Months Ended

Dec. 31, 2011

Deposits and Regulatory Capital Requirements [Abstract]

REGULATORY CAPITAL REQUIREMENTS

(18)    REGULATORY CAPITAL REQUIREMENTS

The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of the Company’s and the Bank’s assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.

Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of Total and Tier 1 Capital (as defined) to average assets (as defined) and Tier 1 Capital to risk weighted assets (as defined). Management believes, as of December 31, 2011 and 2010 that the Company and the Bank met all capital adequacy requirements to which they are subject.

At December 31, 2011 the most recent notification from the Federal Deposit Insurance Corporation categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following tables. There are no conditions or events since the notification that management believes have changed the Bank’s category. The Company’s and the Bank’s actual capital amounts and ratios as of December 31, 2011 and 2010 are also presented in the table that follows:

	Actual					For Capital Adequacy Purposes						To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio			Amount			Ratio			Amount			Ratio
	(Dollars in Thousands)
As of December 31, 2011:
Company: (Consolidated)
Total capital (to risk weighted assets)	$	485,688		12.78	%	$	304,097	³		8.0	%		N/A			N/A
Tier 1 capital (to risk weighted assets)		408,157		10.74			152,049	³		4.0			N/A			N/A
Tier 1 capital (to average assets)		408,157		8.61			189,576	³		4.0			N/A			N/A
Bank:
Total capital (to risk weighted assets)	$	462,715		12.17	%	$	304,066	³		8.0	%	$	380,082	³		10.0	%
Tier 1 capital (to risk weighted assets)		385,189		10.13			152,033	³		4.0			228,049	³		6.0
Tier 1 capital (to average assets)		385,189		8.12			189,698	³		4.0			237,123	³		5.0
As of December 31, 2010:
Company: (Consolidated)
Total capital (to risk weighted assets)	$	444,963		12.37	%	$	287,846	³		8.0	%		N/A			N/A
Tier 1 capital (to risk weighted assets)		369,965		10.28			143,923	³		4.0			N/A			N/A
Tier 1 capital (to average assets)		369,965		8.19			180,784	³		4.0			N/A			N/A
Bank:
Total capital (to risk weighted assets)	$	429,304		11.92	%	$	288,098	³		8.0	%	$	360,123	³		10.0	%
Tier 1 capital (to risk weighted assets)		354,267		9.84			144,049	³		4.0			216,074	³		6.0
Tier 1 capital (to average assets)		354,267		7.83			181,039	³		4.0			226,299	³		5.0