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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 244,533 $ 169,225
Federal funds sold and interest-bearing deposits 29,672 16,556
Securities available for sale ("AFS"), at fair value 82,044 57,676
Loans held for sale ("LHFS"), at fair value 177,508 404,289
Loans receivable 582,120 610,396
Allowance for loan losses (9,876) (11,434)
Loans, net 572,244 598,962
Real estate acquired through foreclosure 9,851 18,058
Restricted stock investments 3,517 7,099
Premises and equipment, net 38,453 37,651
Accrued interest receivable 3,009 4,387
Bank-owned life insurance ("BOLI") 39,112 38,601
Prepaid expenses and other assets 16,147 25,025
Total assets 1,216,090 1,377,529
Deposits:    
Noninterest-bearing 101,537 109,966
Interest-bearing 1,024,610 1,076,864
Total deposits 1,126,147 1,186,830
Short-term borrowings 1,731 53,466
Long-term borrowings 40,000 73,515
Junior subordinated deferrable interest debentures 52,068 52,068
Accrued expenses and other liabilities (of which $650 and $248 are at fair value, respectively) 9,405 20,022
Total liabilities 1,229,351 1,385,901
Stockholders' deficit:    
Common stock, $.05 par value; 75,000,000 shares authorized; 19,705,896 and 18,860,482 shares issued and outstanding, respectively 981 939
Additional paid-in capital 80,256 79,872
Accumulated deficit (91,091) (87,337)
Accumulated other comprehensive loss (3,407) (1,846)
Total stockholders' deficit (13,261) (8,372)
Total liabilities and stockholders' deficit $ 1,216,090 $ 1,377,529