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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Net income $ 20,016 $ 17,596 $ 7,026
Adjustments to reconcile income from continuing operations to net cash (used in) provided by operating activities:      
Provision for loan losses 10,250 12,000 28,500
Depreciation and amortization of premises and equipment 3,680 3,256 2,436
Securities gains (1,813) (2,491) (3,928)
Income from life insurance policies, net (786) (625) (1,135)
Deferred income tax (benefit) provision (2,808) 2,079 (2,430)
Proceeds from sale of loans 554,286 370,681 493,147
Gains on sales of loans, net (10,322) (6,335) (8,176)
Originations of loans held for sale (624,294) (376,674) (484,395)
Amortization of premiums on investment securities 8,104 8,914 6,993
Accretion of discounts on investment securities (711) (467) (559)
(Increase) Decrease in accrued interest receivable (15) 1,442 721
(Decrease) Increase in accrued interest payable (415) (250) 23
(Decrease) Increase in due to factored clients   (91,543) 9,142
(Decrease) Increase in accrued expenses and other liabilities (414) 623 8,742
(Increase) Decrease in other assets (2,268) 3,110 (8,139)
Loss on OREO 61   64
Net cash (used in) provided by operating activities (47,449) (58,684) 48,032
INVESTING ACTIVITIES      
Purchase of premises and equipment (2,611) (10,972) (8,687)
Net decrease (increase) in interest-bearing deposits with other banks 13,562 (85,945) (3,545)
Net increase in loans held in portfolio (202,467) (181,334) (126,361)
Net decrease (increase) in short-term factored receivables 20,238 11,007 (21,862)
Proceeds from sale of other real estate 677 193 1,259
Proceeds from calls/sales of securities—available for sale 181,767 286,276 486,191
Proceeds from calls of securities—held to maturity 266,162 322,500 142,380
Proceeds from sales of securities—held to maturity   2,141  
Proceeds from prepayments, redemptions or maturities of securities—held to maturity 36,794 47,567 64,327
Proceeds from redemptions of Federal Home Loan Bank Stock 1,250 1,089 977
Purchases of securities—held to maturity (281,442) (379,731) (209,964)
Proceeds from prepayments, redemptions or maturities—available for sale 563,095 347,745 210,749
Purchases of securities—available for sale (770,352) (503,633) (744,344)
Purchases of Federal Home Loan Bank stock (236) (210) (1,860)
Net cash used in investing activities (173,563) (143,307) (210,740)
FINANCING ACTIVITIES      
Net increase in noninterest-bearing demand deposits 158,551 195,510 23,953
Net increase (decrease) in savings, NOW, money market deposits 136,269 3,216 (29,808)
Net (decrease) increase in time deposits (15,807) 42,581 172,952
Net decrease in Federal funds purchased   (15,000) (26,000)
Net (decrease) increase in securities sold under agreements to repurchase (19,363) 24,297 6,968
Net increase (decrease) in commercial paper and other short-term borrowings 1,860 (4,393) (51,928)
(Decrease) Increase in long-term borrowings (21,468) (21,440) 14,173
Proceeds from exercise of stock options     403
Proceeds from issuance of common shares   36,454 64,881
Cash dividends paid on common shares (11,132) (11,122) (8,873)
Cash dividends paid on preferred shares   (945) (2,100)
Net redemption of preferred shares and common share warrants   (42,945)  
Net cash provided by financing activities 228,910 206,213 164,621
Net increase in cash and due from banks 7,898 4,222 1,913
Cash and due from banks—beginning of year 31,046 26,824 24,911
Cash and due from banks—end of year 38,944 31,046 26,824
Supplemental disclosure of cash flow information:      
Interest paid 11,396 13,237 15,559
Income taxes paid 7,527 5,748 4,011
Loans held for sale transferred to portfolio 2,465 1,004 1,264
Loans in portfolio transferred to other real estate 318 2,048 533
Due to brokers on purchases of securities held to maturity   $ 943 $ 4,998