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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST INCOME    
Interest and fees on loans $ 32,476 $ 34,844
Interest and dividends on investments 3,867 4,774
Other 16 566
Total interest income 36,359 40,184
INTEREST EXPENSE    
Interest on deposits 3,951 6,879
Interest on borrowed money 4,156 4,018
Total interest expense 8,107 10,897
NET INTEREST INCOME 28,252 29,287
Provision for loan losses 6,745 12,675
Net interest income after provision for loan losses 21,507 16,612
NONINTEREST INCOME    
Service charges and fees on deposit accounts 7,302 6,381
Mortgage and other loan income 3,435 1,124
Trust and plan administration 1,081 1,112
Brokerage fees 664 666
Other 769 675
Net securities gains 0 1,419
Other-than-temporary impairment losses on investment securities (69) (122)
Total noninterest income 13,182 11,255
NONINTEREST EXPENSE    
Salaries and employee benefits 15,142 17,396
Occupancy costs 2,267 2,208
Furniture and equipment 1,809 1,825
Other real estate expenses, net 530 (133)
FDIC insurance and regulatory fees 986 1,484
Professional services 1,431 1,326
Advertising and marketing 656 993
Other loan expense 1,351 925
Intangible asset amortization 90 82
Other expense 4,447 4,039
Total noninterest expense 28,709 30,145
Net Income (Loss) from continuing operations before taxes 5,980 (2,278)
Income tax expense (benefit) from continuing operations 4,241 (913)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS 1,739 (1,365)
Income from discontinued operations, net of tax 0 935
NET INCOME (LOSS) 1,739 (430)
Preferred stock dividends 813 812
Accretion on preferred stock discount 156 147
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 770 $ (1,389)
Net income (loss) per common share from continuing operations    
Basic (in Dollars per share) $ 0.05 $ (0.14)
Diluted (in Dollars per share) $ 0.05 $ (0.14)
Net income per common share from discontinued operations    
Basic (in Dollars per share) $ 0 $ 0.06
Diluted (in Dollars per share) $ 0 $ 0.06
Net income (loss) per common share    
Basic (in Dollars per share) $ 0.05 $ (0.08)
Diluted (in Dollars per share) $ 0.05 $ (0.08)
Average common shares outstanding    
Basic (in Shares) 16,527 16,527
Diluted (in Shares) 16,528 16,527