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Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information [Text Block]

NOTE 20. Quarterly Results (Unaudited)


The following table presents summarized quarterly financial data.


                         
    Quarters Ended  
Year Ended December 31, 2012
(in thousands, except per share data)
  December 31,
2012
    September 30,
2012
    June 30,
2012
    March 31,
2012
 
                         
Interest income   $ 41,549     $ 40,014     $ 39,343     $ 36,359  
Interest expense     6,460       6,817       7,630       8,107  
Net interest income     35,089       33,197       31,713       28,252  
Provision for loan losses     4,161       4,533       4,697       6,745  
Noninterest income     16,173       14,548       32,530       13,182  
Noninterest expense     35,357       33,029       39,250       28,709  
Income (loss) from continuing operations before income taxes                        
Income tax expense (benefit) from continuing operations                        
Net income (loss) from continuing operations                        
(Loss) income from discontinued operations, net of taxes                        
Income before income taxes     11,744       10,183       20,296       5,980  
Income tax expense     3,921       3,516       7,712       4,241  
Net income     7,823       6,667       12,584       1,739  
Preferred stock dividend and accretion     975       973       970       969  
Net income available to common shareholders   $ 6,848     $ 5,694     $ 11,614     $ 770  
Net income per common share                                
Basic   $ 0.41     $ 0.34     $ 0.70     $ 0.05  
Diluted     0.41       0.34       0.70       0.05  
                                 

Year Ended December 31, 2011
(in thousands, except per share data)
  December 31,
2011
    September 30,
2011
    June 30,
 2011
    March 31,
2011
 
                                 
Interest income   $ 37,612     $ 38,556     $ 39,472     $ 40,184  
Interest expense     8,713       9,492       10,056       10,897  
Net interest income     28,899       29,064       29,416       29,287  
Provision for loan losses     7,445       8,940       77,803       12,675  
Noninterest income     32,770       14,238       11,422       11,255  
Noninterest expense     28,886       29,588       28,599       30,145  
Income (loss) from continuing operations before income taxes     25,338       4,774       (65,564 )     (2,278 )
Income tax expense (benefit) from continuing operations     9,766       1,893       (25,288 )     (913 )
Net income (loss) from continuing operations     15,572       2,881       (40,276 )     (1,365 )
(Loss) income from discontinued operations, net of taxes           (1,804 )     (2,724 )     935  
Income before income taxes                        
Income tax expense                        
Net income (loss)     15,572       1,077       (43,000 )     (430 )
Preferred stock dividend and accretion     966       964       961       959  
Net income (loss) available to common shareholders   $ 14,606     $ 113     $ (43,961 )   $ (1,389 )
Net income (loss) per common share                                
Basic   $ 0.88     $ 0.01     $ (2.66 )   $ (0.08 )
Diluted     0.88       0.01       (2.66 )     (0.08 )