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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Cash and cash equivalents:    
Cash and due from banks $ 28,518 $ 23,825
Interest bearing deposits 188,378 244,513
Federal funds sold 2,166 2,926
Total cash and cash equivalents 219,062 271,264
Investment securities available-for-sale 124,122 115,010
Investment securities held-to-maturity 1,335 1,806
Federal Home Loan Bank (FHLB) stock 10,472 10,472
Loans, net 1,085,498 1,177,045
Premises and equipment, net 34,509 35,281
Core deposit intangibles 4,174 4,912
Bank-owned life insurance (BOLI) 34,055 33,470
Other real estate owned (OREO), net 37,112 39,536
Deferred tax asset, net   9,201
Accrued interest and other assets 12,220 18,461
Total assets 1,562,559 1,716,458
Deposits:    
Demand 401,018 310,164
Interest bearing demand 467,026 520,080
Savings 33,711 31,040
Time 253,421 515,615
Total deposits 1,155,176 1,376,899
Junior subordinated debentures   68,558
FHLB borrowings 125,000 195,000
Temporary Liquidity Guarantee Program (TLGP) senior unsecured debt 41,000 41,000
Accrued interest and other liabilities 28,769 24,945
Total liabilities 1,349,945 1,706,402
Stockholders' equity:    
Preferred stock, no par value; 5,000,000 shares authorized; none issued or outstanding    
Common stock, no par value; 100,000,000 shares authorized; 47,235,751 issued and outstanding (2,853,670 in 2010) 328,904 160,316
Accumulated deficit (118,553) (151,608)
Accumulated other comprehensive income 2,263 1,348
Total stockholders' equity 212,614 10,056
Total liabilities and stockholders' equity $ 1,562,559 $ 1,716,458