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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Statement of Cash Flows [Abstract]      
Net Income (loss) $ 50,845 $ 5,951 $ (47,276)
Adjustments to reconcile net loss to net cash providedby (used in) operating activities:      
Depreciation and amortization 3,052 3,555 3,092
Loan loss provision 1,000 1,100 75,000
Write-down of OREO 355 1,261 14,998
(Credit) provision for deferred income taxes (50,068) (597) 10,027
Loan premiums, net (2,268) (2,432) (240)
Deferred benefit plan (income) expenses (972) (315) 4,122
Stock-based compensation expense 889 1,050 649
CDI (recognition) impairment (529) 0 3,436
(Gains) losses on sales of OREO (81) (104) 1,640
Loss on sale of premises and equipment 140 0 0
Increase in cash surrender value of BOLI (862) (1,022) (1,213)
(Increase) decrease in other assets (847) (1,756) 7,652
Increase (decrease) in other liabilities 2,027 384 (28,253)
Originations of mortgage loans (121,787) (157,653) (28,722)
Proceeds from the sales of mortgage loans 128,304 158,262 28,606
Net cash provided by operating activities before extraordinary net gain 9,198 7,684 43,518
Extraordinary Gain on Extinguishment of Junior Subordinate Debentures, Net of Income Taxes 0 0 (32,839)
Net cash provided by operating activities 9,198 7,684 10,679
Net cash provided by (used in) investing activities      
Purchases of investment securities available-for-sale (13) (520,153) (110,581)
Proceeds from maturities, calls, sales and prepayments of investment securities available-for-sale 56,148 472,134 18,520
Proceeds from maturities, calls of investment securities held-to-maturity 492 674 547
Proceeds from Redemption of FHLB Stock 372 187 0
Loan (origination) reductions, net (159,925) 21,666 238,219
Purchases of premises and equipment, net (682) (1,819) (754)
Proceeds from sales of OREO 5,219 14,891 12,151
Net cash provided by (used in) investing activities (98,389) (12,420) 158,102
Cash flows from financing activities:      
Net increase (decrease) in deposits 91,086 (10,593) (290,072)
Proceeds from stock options exercised 30 0 0
Net proceeds from issuance of common stock 0 0 168,074
Tax effect of non-vested restricted stock (104) (82) 17
Repayment of TLGP senior unsecured debt 0 0 (41,000)
Extinguishment of junior subordinated debentures, net 0 0 (13,625)
FHLB advance borrowing 132,000 0 0
Repayment of FHLB advances (165,000) 0 (135,000)
Net cash provided by (used in) financing activities 58,012 (10,675) (311,606)
Net decrease in cash and cash equivalents (31,179) (15,411) (142,825)
Cash and cash equivalents at beginning of period 113,028 128,439 271,264
Cash and cash equivalents at end of period $ 81,849 $ 113,028 $ 128,439