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Consolidated Statement of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest revenue:        
Loans, including fees $ 50,728 $ 54,178 $ 101,662 $ 109,937
Investment securities, including tax exempt of $210, $262, $422 and $512 9,681 11,062 19,646 24,066
Deposits in banks and short-term investments 916 1,096 1,786 2,108
Total interest revenue 61,325 66,336 123,094 136,111
Deposits:        
NOW 419 503 873 1,140
Money market 534 661 1,096 1,302
Savings 36 38 72 75
Time 2,924 5,073 6,150 11,232
Total deposit interest expense 3,913 6,275 8,191 13,749
Short-term borrowings 522 904 1,038 1,949
Federal Home Loan Bank advances 30 390 49 856
Long-term debt 2,666 2,375 5,328 4,747
Total interest expense 7,131 9,944 14,606 21,301
Net interest revenue 54,194 56,392 108,488 114,810
Provision for loan losses 48,500 18,000 59,500 33,000
Net interest revenue after provision for loan losses 5,694 38,392 48,988 81,810
Fee revenue:        
Service charges and fees 7,972 7,816 15,375 15,599
Mortgage loan and other related fees 3,003 2,322 5,658 4,421
Brokerage fees 1,063 809 1,830 1,622
Securities gains, net    6,490 116 7,047
Loss from prepayment of debt   (6,199)   (6,681)
Other 4,274 1,629 6,159 6,238
Total fee revenue 16,312 12,867 29,138 28,246
Total revenue 22,006 51,259 78,126 110,056
Operating expenses:        
Salaries and employee benefits 24,734 24,297 48,326 49,522
Communications and equipment 3,468 3,211 6,514 6,366
Occupancy 3,449 3,539 6,816 7,310
Advertising and public relations 1,037 1,088 1,975 1,934
Postage, printing and supplies 894 916 1,757 1,895
Professional fees 2,499 1,952 4,865 3,927
Foreclosed property 5,151 1,851 7,484 5,676
FDIC assessments and other regulatory charges 2,505 2,545 5,010 5,055
Amortization of intangibles 491 730 1,196 1,462
Other 4,595 4,181 8,650 8,118
Total operating expenses 48,823 44,310 92,593 91,265
Net (loss) income before income taxes (26,817) 6,949 (14,467) 18,791
Income tax (benefit) expense (256,781) 450 (256,196) 764
Net income 229,964 6,499 241,729 18,027
Preferred stock dividends and discount accretion 3,055 3,032 6,107 6,062
Net income available to common shareholders $ 226,909 $ 3,467 $ 235,622 $ 11,965
Earnings per common share - basic / diluted (in dollars per share) $ 3.90 $ 0.06 $ 4.05 $ 0.21
Weighted average common shares outstanding - basic / diluted (in shares) 58,141 57,840 58,111 57,803