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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
ASSETS      
Cash and due from banks $ 50,749 $ 61,400 $ 54,307
Interest-bearing deposits with banks 35,668 15,275 31,630
Total cash and cash equivalents 86,417 76,675 85,937
Investment securities      
Securities available for sale, at fair value 236,048 404,550 412,108
Securities held to maturity at amortized cost, approximate fair value $19,830, $23,242, and $24,162, respectively 17,331 20,486 21,671
Nonmarketable securities 23,254 32,694 35,782
Total investment securities 276,633 457,730 469,561
Loans 2,574,369 2,385,457 2,355,334
Less: Allowance for loan losses 46,351 53,524 54,333
Net loans 2,528,018 2,331,933 2,301,001
Loans held for sale 53,761 48,303 94,872
FDIC indemnification asset, net 75,017 51,021 50,465
Premises and equipment, net 83,916 82,907 83,423
Bank owned life insurance 50,241 0 0
Other intangibles, net 8,478 2,401 2,491
Other assets 83,006 95,994 118,560
Total assets 3,245,487 3,146,964 3,206,310
LIABILITIES      
Noninterest-bearing checking 382,077 279,310 278,944
Interest-bearing checking 507,262 429,907 440,584
Savings and money market 730,365 522,496 505,059
Retail time deposits 869,544 791,544 824,875
Wholesale time deposits 127,509 215,941 253,395
Total deposits 2,616,757 2,239,198 2,302,857
Advances from FHLB 253,000 561,000 558,000
Long-term debt 47,204 47,204 47,204
Other liabilities 36,026 22,384 29,743
Total liabilities 2,952,987 2,869,786 2,937,804
SHAREHOLDERS’ EQUITY      
Preferred stock, Series A, $.01 par value, authorized 3,000,000 shares, issued 65,000 shares at September 30, 2012, December 31, 2011, and September 30, 2011, respectively (Redemption value $65,000) 1 1 1
Common stock, $.01 par value, authorized 34,000,000 shares, issued 21,465,163 shares at September 30, 2012, December 31, 2011 and September 30, 2011, respectively 215 215 215
Additional paid-in capital 196,612 196,002 195,790
Treasury stock at cost, 4,938,411 shares at September 30, 2012, December 31, 2011, and September 30, 2011, respectively (103,563) (103,563) (103,563)
Retained earnings 202,832 187,367 173,587
Accumulated other comprehensive (loss) income (3,597) (2,844) 2,476
Total shareholders’ equity 292,500 277,178 268,506
Total liabilities and shareholders’ equity $ 3,245,487 $ 3,146,964 $ 3,206,310