XML 85 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:      
Interest and fees on loans $ 84,602,000 $ 113,223,000 $ 133,918,000
Investment securities:      
U.S. Government and agency obligations 1,714,000 1,500,000 2,006,000
Mortgage-backed securities 4,718,000 5,046,000 5,630,000
State and political subdivisions 1,060,000 411,000 285,000
Other securities 322,000 16,000 227,000
Other interest-earning assets 755,000 549,000 741,000
Total interest income 93,171,000 120,745,000 142,807,000
Interest expense:      
Interest-bearing demand 219,000 382,000 468,000
Money market accounts 1,077,000 2,154,000 3,911,000
Savings accounts 53,000 49,000 64,000
Time deposits of $100,000 or more 4,302,000 7,617,000 13,372,000
Other time deposits 4,052,000 6,591,000 10,452,000
Other borrowings 895,000 1,799,000 2,079,000
Interest on subordinated debentures 6,010,000 5,821,000 5,130,000
Total interest expense 16,608,000 24,413,000 35,476,000
Net interest income 76,563,000 96,332,000 107,331,000
Provision for loan losses 3,107,000 132,101,000 35,560,000
Net interest income (loss) after provision for loan losses 73,456,000 (35,769,000) 71,771,000
Noninterest income:      
Service charges and fees 11,559,000 12,075,000 12,404,000
Other noninterest income 407,000 285,000 763,000
Gain on sales of loans, net 3,133,000 1,658,000 2,736,000
Gain on sale/call of investment securities, net 837,000   2,661,000
Total noninterest income 15,936,000 14,018,000 18,564,000
Noninterest expense:      
Salaries and employee benefits 29,919,000 29,880,000 29,916,000
Occupancy 10,581,000 10,815,000 11,171,000
FDIC and other insurance 2,531,000 3,862,000 5,788,000
Other real estate, net 6,565,000 30,852,000 2,218,000
General and administrative 13,726,000 14,792,000 14,540,000
Goodwill impairment 0 0 5,597,000
Total noninterest expense 63,322,000 90,201,000 69,230,000
Income (loss) before taxes 26,070,000 (111,952,000) 21,105,000
Taxes on income 9,883,000 (43,657,000) 9,738,000
Net income (loss) 16,187,000 (68,295,000) 11,367,000
Net income (loss) available to common shareholders $ 12,446,000 $ (72,548,000) $ 7,180,000
Basic earnings per common share $ 0.64 $ (3.73) $ 0.40
Diluted earnings per common share $ 0.64 $ (3.73) $ 0.40
Cash dividends declared per share