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Condensed Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net income $ 11,870,000 $ 9,487,000
Adjustments to reconcile net income to net cash from operating activities    
Depreciation and amortization 1,629,000 1,669,000
Provision for loan losses (4,700,000) (3,400,000)
Stock-based compensation expense 354,000 14,000
Proceeds from sales of mortgage loans held for sale 43,789,000 57,233,000
Origination of mortgage loans held for sale (41,147,000) (62,347,000)
Net gain from sales of mortgage loans held for sale (550,000) (853,000)
Net (gain) loss from sale and valuation write-down of foreclosed assets (1,024,000) 1,817,000
Earnings on bank owned life insurance (1,025,000) (1,170,000)
Net change in:    
Accrued interest receivable 97,000 464,000
Other assets 13,451,000 2,638,000
Accrued expenses and other liabilities (776,000) 1,652,000
Net cash from operating activities 21,968,000 7,204,000
Cash flows from investing activities    
Loan originations and payments, net (37,232,000) 27,283,000
Purchases of securities available for sale (37,492,000) (45,973,000)
Proceeds from maturities, calls and repayments of securities available for sale 31,578,000 82,580,000
Proceeds from sales of securities available for sale 10,310,000 0
Proceeds from sales of foreclosed assets 6,505,000 12,753,000
Purchases of premises and equipment (250,000) (415,000)
Net cash from (for) investing activities (26,581,000) 76,228,000
Cash flows from financing activities    
Net decrease in time deposits (13,871,000) (43,811,000)
Net increase in all other deposits 176,000 39,302,000
Net increase (decrease) in securities sold under agreements to repurchase 915,000 (12,538,000)
Proceeds from Federal Home Loan Bank advances 10,000,000 20,000,000
Maturities of Federal Home Loan Bank advances 0 (30,000,000)
Net increase (decrease) in other borrowed money 107,000 (1,000)
Repurchase of preferred stock 0 (21,000,000)
Repurchase of common stock warrant 0 (7,465,000)
Proceeds from stock option exercises, net of cashless exercises 0 171,000
Employee stock purchase plan 19,000 29,000
Dividend reinvestment plan 33,000 0
Payment of cash dividends on preferred stock 0 (496,000)
Payment of cash dividends to common shareholders (2,851,000) 0
Net cash for financing activities (5,472,000) (55,809,000)
Net change in cash and cash equivalents (10,085,000) 27,623,000
Cash and cash equivalents at beginning of period 136,003,000 76,372,000
Cash and cash equivalents at end of period 125,918,000 103,995,000
Cash paid during the period for:    
Interest 8,779,000 11,157,000
Federal income tax 0 0
Noncash financing and investing activities:    
Transfers from loans to foreclosed assets $ 2,060,000 $ 10,448,000