XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 39,321 $ 21,906
Federal funds sold 32 51
Interest-bearing deposits (including $3,800 and $2,650 pledged as collateral) 82,098 94,413
Total cash and cash equivalents 121,451 116,370
Interest-bearing deposits greater than 90 days 5,300 1,000
Securities available for sale 483,007 640,212
Mortgage loans held for sale 5,138 11,792
Portfolio loans not covered under FDIC loss share 2,085,872 2,106,039
Less: Allowance for loan losses 32,452 34,330
Portfolio loans not covered under FDIC loss share, net 2,053,420 2,071,709
Portfolio loans covered under FDIC loss share, net of the allowance for loan losses ($11,102 and $1,635, respectively) 169,309 189,571
Portfolio loans, net 2,222,729 2,261,280
Other real estate not covered under FDIC loss share 7,202 9,327
Other real estate covered under FDIC loss share 17,605 17,173
Other investments, at cost 14,405 14,294
Fixed assets, net 20,795 21,121
Accrued interest receivable 10,062 8,497
State tax credits, held for sale, including $25,069 and $26,350 carried at fair value, respectively 55,923 61,284
FDIC loss share receivable 56,397 61,475
Goodwill 30,334 30,334
Intangibles, net 6,973 7,406
Other assets 66,607 64,221
Total assets 3,123,928 3,325,786
Liabilities and Shareholders' Equity    
Demand deposits 605,546 686,805
Interest-bearing transaction accounts 271,086 272,753
Money market accounts 995,784 1,036,125
Savings 91,521 83,458
Certificates of deposit:    
$100 and over 365,632 396,896
Other 165,220 182,814
Total deposits 2,494,789 2,658,851
Subordinated debentures 85,081 85,081
Federal Home Loan Bank advances 80,000 80,000
Other borrowings 193,979 233,370
Notes Payable to Bank 11,400 11,700
Accrued interest payable 1,191 1,282
Other liabilities 13,784 19,757
Total liabilities 2,880,224 3,090,041
Shareholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 35,000 shares issued and outstanding 0 0
Common stock, $0.01 par value; 30,000,000 shares authorized; 18,039,710 and 17,849,862 shares issued, respectively 182 181
Treasury stock, at cost; 76,000 shares (1,743) (1,743)
Additional paid in capital 174,404 173,299
Retained earnings 65,310 56,218
Accumulated other comprehensive income 5,551 7,790
Total shareholders' equity 243,704 235,745
Total liabilities and shareholders' equity $ 3,123,928 $ 3,325,786