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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 6,145 $ 153,794
Investment securities available for sale   418,092
Loans, net of deferred loan costs and fees   1,004,630
Less: Allowance for loan losses   402
Loans, net   1,004,228
Premises and equipment, net   43,153
Goodwill   29,999
Intangible assets, net 3,288 11,406
Other real estate owned   25,673
Deferred income tax asset   19,973
Accrued interest receivable and other assets 743 50,548
Equity method investment in Capital Bank, NA 199,927  
Total Assets 210,103 1,756,866
Deposits:    
Noninterest-bearing demand   198,092
Interest-bearing   1,168,933
Total deposits   1,367,025
Federal Home Loan Bank (FHLB) advances   131,116
Short-term borrowings   47,158
Long-term borrowings 23,031 22,887
Accrued interest payable and other liabilities 7,036 11,930
Total liabilities 30,067 1,580,116
Shareholders' equity    
Common stock - $.10 par value per share: 50,000 shares authorized, 12,350 and 11,817 shares issued and outstanding, respectively 1,235 1,182
Additional paid in capital 174,903 177,316
Retained earnings 2,588 560
Accumulated other comprehensive income (loss) 1,310 (2,308)
Total shareholders' equity 180,036 176,750
Total Liabilities and Shareholders' Equity $ 210,103 $ 1,756,866