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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
Cash flow from Operating Activities      
Net income $ 22,163 $ 15,885 $ 9,765
Ajustments to reconcile net income to net cash provided by operating activities:      
Depreciation 6,263 6,492 6,801
Amortization of intangible assets 1,549 1,651 1,651
Provision for loan losses 5,550 12,700 22,850
Deferred tax expense 1,156 2,215 271
Employee benefit plan expense 223 191 178
Stock-based compensation expense 946 794 658
Losses / impairments of foreclosed assets 1,491 1,149 1,147
Losses on mortgage indemnifications and repurchases 593 232 2,265
Gains on sale of premises and equipment (68) (84) (199)
Gain on sale of financial center 0 0 (748)
Gains on sale of securities available for sale (528) (509) (1,268)
Mortgage banking-related fees (8,909) (8,186) (9,388)
Proceeds from sale of mortgage loans 307,640 424,368 526,618
Origination of mortgage loans for sale (294,482) (406,487) (524,787)
Amortization of securities premiums and accretion of discounts, net 1,914 1,593 1,672
Income on bank owned life insurance (1,769) (1,298) (1,296)
Changes in assets and liabilites:      
Decrease in accrued interest receivable 643 409 142
Decrease in other assets 2,645 7,995 6,311
Decrease in accrued interest payable (440) (156) (1,348)
Increase (decrease) in other liabilities 1,505 1,364 (4,210)
Net cash provided by operating activities 48,085 60,318 37,085
Cash Flow from Investing Activities      
Proceeds from maturities, calls and principal payments of securities available for sale 134,405 129,617 127,279
Proceeds from sales of securities available for sale 55,362 13,836 29,469
Purchase of securities available for sale (265,421) (231,318) (159,561)
Proceeds from maturities and principal payments of securities held to maturity 0 0 425
Net (increase) decrease in loans (60,653) 43,226 47,732
Purchase of bank owned life insurance 0 (10,000) 0
Proceeds from sale of premises and equipment 1,469 145 1,014
Purchase of premises and equipment (6,685) (3,680) (3,333)
Proceeds from sale of foreclosed assets 5,906 8,030 6,516
Net cash (used) provided by investing activities (135,617) (50,144) 49,541
Cash Flow from Financing Activities      
Net increase in demand, money market and savings deposits 171,427 35,578 116,613
Net decrease in certificates of deposits (82,703) (26,082) (166,631)
Principal payments on Federal Home Loan Bank advances (5,000) (25,000) (45,000)
Exercise of stock options (209) 310 511
Repurchase of preferred stock issued to the U.S. Treasury 0 (30,000) 0
Cash dividends paid (6,004) (4,896) (5,159)
Net cash provided (used) by financing activities 77,511 (50,090) (99,666)
Decrease in cash and cash equivalents (10,021) (39,916) (13,040)
Cash and Cash Equivalents      
Beginning 99,970 139,886 152,926
Ending 89,949 99,970 139,886
Supplemental Disclosures of Cash Flow Information      
Cash Payments for Interest 18,919 28,839 39,816
Cash Payments for Income Taxes 6,569 2,310 2,300
Foreclosed assets acquired in settlement of loans $ 4,565 $ 7,067 $ 14,052