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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest income:      
Interest and fees on loans $ 45,304 $ 48,832 $ 61,604
Interest on investments 5,436 5,839 4,961
Other investment income 245 208 535
Total interest income 50,985 54,879 67,100
Interest expense:      
Interest bearing demand 732 1,051 2,100
Savings 22 23 55
Time 1,045 2,017 5,559
Other borrowings 970 1,908 3,990
Total interest expense 2,769 4,999 11,704
Net Interest Income (Loss) after Provision for Loan Losses      
Net interest income 48,216 49,880 55,396
Loan loss provision 1,000 1,100 75,000
Net interest income (loss) after loan loss provision 47,216 48,780 (19,604)
Non-interest income:      
Service charges on deposit accounts 3,031 3,244 4,493
Card issuer and merchant services fees, net 3,310 2,632 2,478
Earnings on BOLI 862 1,022 1,213
Mortgage banking income, net 4,261 4,319 513
Other income 2,989 1,874 2,270
Total non-interest income 14,453 13,091 10,967
Non-interest expense:      
Salaries and employee benefits 32,651 31,559 31,434
Occupancy 4,931 4,598 4,710
Information Technology and Data Processing 2,488 1,842 1,971
Equipment 1,583 1,547 1,583
Communications 1,496 1,541 1,653
FDIC insurance 1,542 2,519 3,271
OREO 529 1,725 17,936
Professional services 4,249 3,999 4,356
Increase (decrease) in reserve for unfunded commitments 0 (1,110) 609
CDI Impairment 0 0 3,436
Prepayment penalties on FHLB and TLGP borrowings 3,827 0 1,291
Other expenses 7,674 7,621 10,949
Total non-interest expense 60,970 55,841 83,199
Income (loss) before income taxes and extraordinary net gain 699 6,030 (91,836)
Income tax benefit (provision) 50,146 (79) 11,721
Income (Loss) from Operations before Extraordinary Items 50,845 5,951 (80,115)
Extraordinary Gain on Extinguishment of Junior Subordinate Debentures, Net of Income Taxes 0 0 32,839
Net income (loss) $ 50,845 $ 5,951 $ (47,276)
Basic and diluted income (loss) per share:      
Income (loss) before extraordinary net gain $ 1.08 $ 0.13 $ (1.83)
Extraordinary net gain $ 0.00 $ 0.00 $ 0.75
Net income (loss) per common share (basic) $ 1.08 $ 0.13 $ (1.08)
Net income per common share (diluted) $ 1.07 $ 0.13 $ (1.08)