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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) income $ (897) $ (1,667) $ 7,273
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Provision for credit losses 19,470 21,119 8,986
Goodwill and other intangible assets impairment 1,344 3,051 0
Depreciation and amortization 2,341 2,405 1,880
Discount accretion on debt securities (156) (128) (226)
Stock-based compensation expense 338 390 102
Excess tax expense from stock-based arrangements (45) (20) (5)
Deferred income tax benefit (1,550) (2,905) (928)
Gains on sales of investment securities (563) 0 (49)
Losses on disposals of premises and equipment 36 0 0
Losses on sales of other real estate owned 1,222 735 185
Gains on interest rate swaps 0 0 (420)
Net changes in:      
Accrued interest receivable 1,127 (256) (198)
Other assets 1,813 2,516 (6,541)
Accrued interest payable (291) (921) (569)
Other liabilities (2,265) (4,429) 5,536
Net cash provided by operating activities 21,924 19,890 15,026
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from maturities and principal payments of investment securities available for sale 53,343 47,945 53,668
Proceeds from sales of investment securities available for sale 20,825 0 2,048
Purchases of investment securities available for sale (104,305) (49,626) (78,376)
Proceeds from maturities and principal payments of investment securities held to maturity 226 2,195 3,934
Purchases of investment securities held to maturity 0 0 (2,623)
Net change in loans 24,233 264 (38,190)
Purchases of premises and equipment (1,216) (1,292) (1,553)
Proceeds from sales of premises and equipment 4 0 0
Proceeds from sales of other real estate owned 3,807 1,255 122
Purchases of interest rate caps 0 0 (6,475)
Investment in unconsolidated subsidiary (25) (25) 0
Net cash (used in) provided by investing activities (3,108) 716 (67,445)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Noninterest-bearing deposits 9,613 1,696 19,908
Interest-bearing deposits 20,790 (13,118) 125,658
Short-term borrowings 1,776 (4,363) (32,565)
Excess tax expense from stock-based arrangements 45 20 5
Repayment of long-term debt (477) (497) (6,518)
Proceeds from issuance of preferred stock and warrant 0 0 25,000
Redemption of preferred stock 0 0 (23,525)
Repurchase of warrant (25) 0 0
Proceeds from issuance of common stock 0 0 2
Preferred stock dividends paid 0 0 (1,808)
Common stock dividends paid (760) (2,026) (5,386)
Net cash provided by (used in) financing activities 30,962 (18,288) 100,771
NET INCREASE IN CASH AND CASH EQUIVALENTS 49,778 2,318 48,352
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 77,964 75,646 27,294
CASH AND CASH EQUIVALENTS AT END OF YEAR 127,742 77,964 75,646
Supplemental cash flow information:      
Interest paid 11,379 13,743 17,980
Income taxes paid 2,062 1,193 4,975
Transfers from loans to other real estate owned $ 10,712 $ 3,140 $ 2,731