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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Net (loss) income $ (20,835) $ 1,857  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation of premises and equipment 2,935 3,249  
Amortization and accretion of premiums and discounts, net 2,922 2,100  
Amortization of intangible assets 677 876  
Provision for loan losses 26,800 14,500  
Securities gains, net (3,083) (2,449)  
Other-than-temporary impairment on securities 0 50 200
Loss on other real estate owned 3,464 2,187  
Losses (gains) on repossessed and other assets 212 (158)  
Gain on sale of loans originated for sale (691) (488)  
Stock compensation expense 5 52  
Increase in cash surrender value of life insurance (391) (454)  
Changes in operating assets and liabilities:      
Loans originated for sale (39,084) (34,646)  
Loans sold 39,088 37,466  
Decrease in accrued income receivable 524 220  
Decrease in other assets 4,066 9,052  
Increase (decrease) in other liabilities 736 (573)  
Net cash provided by operating activities 17,345 32,841  
CASH FLOWS FROM INVESTING ACTIVITIES      
Net (increase) decrease in interest-bearing deposits in other financial institutions (61,466) 52,713  
Net decrease in loans and leases 73,795 41,947  
Proceeds from sales of other real estate owned, net 8,719 3,232  
Purchases of premises and equipment (896) (864)  
Proceeds from sales of securities available for sale 272,900 136,532  
Proceeds from maturities of securities available for sale 59,446 76,446  
Purchases of securities available for sale (313,701) (287,907)  
Net cash provided by investing activities 38,797 22,099  
CASH FLOWS FROM FINANCING ACTIVITIES      
Net decrease in deposits (31,178) (21,962)  
Payments of FHLB advances and long-term debt (25,213) (22,207)  
Issuance of common stock 0 705  
Dividends paid (313) (1,876)  
Net cash used in financing activities (56,704) (45,340)  
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (562) 9,600  
Cash and cash equivalents at beginning of period 37,911 25,852 25,852
Cash and cash equivalents at end of period 37,349 35,452 37,911
Supplemental disclosures of cash flow information:      
Interest paid 9,805 15,453  
Income taxes paid (received), net (323) (5,974)  
Supplemental schedule of non-cash investing and financing activity      
Loans transferred to other real estate owned $ 8,546 $ 12,883