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Consolidated Statement of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest revenue:    
Loans, including fees$ 59,294$ 68,419$ 181,359$ 211,245
Investment securities, including tax exempt of $244, $279, $754 and $88614,56814,71142,96446,743
Federal funds sold, commercial paper and deposits in banks2617191,8322,416
Total interest revenue74,12383,849226,155260,404
Deposits:    
NOW8311,7053,1915,304
Money market1,1291,9304,6565,516
Savings5283193250
Time9,08616,09931,81354,015
Total deposit interest expense11,09819,81739,85365,085
Federal funds purchased, repurchase agreements and other short-term borrowings1,0811,0683,1973,162
Federal Home Loan Bank advances4417961,6012,747
Long-term debt2,6422,6658,1697,994
Total interest expense15,26224,34652,82078,988
Net interest revenue58,86159,503173,335181,416
Provision for loan losses36,00050,500237,000187,000
Net interest revenue after provision for loan losses22,8619,003(63,665)(5,584)
Fee revenue:    
Service charges and fees7,5347,64821,86223,088
Mortgage loan and other related fees1,1482,0713,5945,151
Brokerage fees8367312,2041,884
Securities gains, net 2,4918382,552
Loss from prepayment of debt (2,233)(791)(2,233)
Other1,9802,1539,5345,664
Total fee revenue11,49812,86137,24136,106
Total revenue34,35921,864(26,424)30,522
Operating expenses:    
Salaries and employee benefits25,26224,89176,62272,841
Communications and equipment3,2843,62010,00610,404
Occupancy3,7943,72011,67311,370
Advertising and public relations1,0521,1283,3473,523
Postage, printing and supplies1,0361,0193,2393,009
Professional fees2,0512,1177,7316,238
Foreclosed property2,81319,75269,60345,105
FDIC assessments and other regulatory charges2,6033,25611,66010,448
Amortization of intangibles7487932,2702,389
Other3,8774,61014,36812,707
Goodwill impairment 210,590 210,590
Loss on sale of nonperforming assets   45,349
Total operating expenses46,520275,496210,519433,973
Loss from continuing operations before income taxes(12,161)(253,632)(236,943)(403,451)
Income tax benefit(5,959)(17,217)(95,872)(73,046)
Net loss from continuing operations(6,202)(236,415)(141,071)(330,405)
Loss from discontinued operations, net of income taxes   (101)
Gain from sale of subsidiary, net of income taxes and selling costs   1,266
Net loss(6,202)(236,415)(141,071)(329,240)
Preferred stock dividends and discount accretion3,0192,5818,8137,730
Net loss available to common shareholders$ (9,221)$ (238,996)$ (149,884)$ (336,970)
Loss from continuing operations per common share - Basic$ (0.16)$ (12.62)$ (4.41)$ (17.89)
Loss from continuing operations per common share - Diluted$ (0.16)$ (12.62)$ (4.41)$ (17.89)
Loss per common share - Basic$ (0.16)$ (12.62)$ (4.41)$ (17.82)
Loss per common share - Diluted$ (0.16)$ (12.62)$ (4.41)$ (17.82)
Weighted average common shares outstanding - Basic57,59918,93633,97318,905
Weighted average common shares outstanding - Diluted57,59918,93633,97318,905