XML 96 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2012
ASSETS      
Cash and due from banks, noninterest-bearing $ 82,798 $ 96,588 $ 58,872
Due from banks, interest-bearing 154,199 144,919 203,313
Federal funds sold 603      
Total cash and cash equivalents 237,600 241,507 262,185
Securities available for sale 186,634 167,352 171,907
Securities held to maturity (fair values of $58,376, $61,496, and $61,676) 54,361 56,064 56,182
Presold mortgages in process of settlement 4,552 8,490 4,053
Loans - non-covered 2,190,583 2,094,143 2,114,906
Loans - covered by FDIC loss share agreement 240,279 282,314 322,895
Total loans 2,430,862 2,376,457 2,437,801
Allowance for loan losses - non-covered (44,816) (41,643) (47,523)
Allowance for loan losses - covered (6,035) (4,759) (5,931)
Total allowance for loan losses (50,851) (46,402) (53,454)
Net loans 2,380,011 2,330,055 2,384,347
Loans held for sale    30,393   
Premises and equipment 77,597 74,371 73,642
Accrued interest receivable 9,780 10,201 10,932
FDIC indemnification asset 92,950 102,559 116,902
Goodwill 65,835 65,835 65,835
Other intangible assets 3,274 3,108 3,452
Foreclosed real estate - non-covered 15,425 26,285 37,895
Foreclosed real estate - covered 32,005 47,290 70,850
Bank-owned life insurance 43,276 27,857 27,380
Other assets 44,110 53,543 43,193
Total assets 3,247,410 3,244,910 3,328,755
LIABILITIES      
Deposits: Noninterest bearing checking accounts 454,785 413,195 381,353
Interest bearing checking accounts 546,203 519,573 472,342
Money market accounts 564,837 556,354 545,356
Savings accounts 166,497 158,578 160,137
Time deposits of $100,000 or more 612,912 664,330 725,699
Other time deposits 473,119 509,330 553,411
Total deposits 2,818,353 2,821,360 2,838,298
Borrowings 46,394 46,394 111,394
Accrued interest payable 1,071 1,299 1,549
Other liabilities 21,487 19,740 37,440
Total liabilities 2,887,305 2,888,793 2,988,681
Commitments and contingencies         
SHAREHOLDERS' EQUITY      
Preferred stock, no par value per share. Authorized: 5,000,000 shares Series B issued & outstanding: 63,500, 63,500, and 63,500 shares Series C, convertible, issued & outstanding: 728,706, 728,706, and 0 shares 70,787 70,787 63,500
Common stock, no par value per share. Authorized: 40,000,000 shares Issued & outstanding: 19,679,659, 19,669,302, and 16,973,008 shares 132,097 131,877 105,437
Retained earnings 158,708 153,629 179,298
Accumulated other comprehensive income (loss) (1,487) (176) (8,161)
Total shareholders' equity 360,105 356,117 340,074
Total liabilities and shareholders' equity 3,247,410 3,244,910 3,328,755
Preferred Stock - Series B
     
SHAREHOLDERS' EQUITY      
Preferred stock, no par value per share. Authorized: 5,000,000 shares Series B issued & outstanding: 63,500, 63,500, and 63,500 shares Series C, convertible, issued & outstanding: 728,706, 728,706, and 0 shares 63,500 63,500 63,500
Preferred Stock - Series C
     
SHAREHOLDERS' EQUITY      
Preferred stock, no par value per share. Authorized: 5,000,000 shares Series B issued & outstanding: 63,500, 63,500, and 63,500 shares Series C, convertible, issued & outstanding: 728,706, 728,706, and 0 shares $ 7,287 $ 7,287