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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 1,778$ 10,379
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for loan losses6,0509,050
Depreciation of premises and equipment943934
Deferred income tax expense (benefit)(217)2,337
Gain on acquisition(4,115)(19,531)
Gain on sale of investment securities available for sale(111)(349)
Loss on sale of other assets285451
Valuation adjustment on other real estate owned3,2921,088
Net purchase accounting adjustments8,243652
Net (increase) decrease in loans available for sale3,168(3,099)
Deferred loan origination fees17959
Amortization of intangible assets412372
Decrease in accrued interest receivable430581
Decrease in other assets17,6943,833
Increase (decrease) in other liabilities(1,662)3,752
Net cash provided by operating activities36,60310,992
Cash flows from investing activities:  
Net decrease in loans made to customers8,23230,469
Proceeds from sales of investment securities available for sale9,95643,109
Proceeds from sales of other real estate owned9,6084,634
Proceeds from maturities/issuer calls of investment securities available for sale19,92320,076
Proceeds from maturities/issuer calls of investment securities held to maturity8,59230,015
Purchases of investment securities available for sale (60,188)
Purchases of investment securities held to maturity(48,820)(13,597)
Net cash received in acquisition7,91395,058
Redemption of FHLB stock780458
Purchases of premises and equipment(2,180)(9,263)
Net cash provided by investment activities14,004140,771
Cash flows from financing activities:  
Net decrease in deposits(58,600)(35,778)
Dividends paid to common stockholders(341)(1,168)
Dividends paid to preferred stockholders(759)(769)
Issuance of common stock 14,040
Net decrease in borrowed money and repurchase agreements(9,116)(27,162)
Increase in advances from borrowers for insurance and taxes4036
Net cash used in financing activities(68,776)(50,801)
Net increase (decrease) in cash and cash equivalents(18,169)100,962
Cash and cash equivalents at beginning of year120,89953,180
Cash and cash equivalents at end of year102,730154,142
Supplemental non-cash investing activity:  
Foreclosed loans transferred to other real estate owned13,09410,795
Allocation From Shares Purchased With Loan To ESOP [Member]
  
Adjustments to reconcile net income to net cash provided by operating activities:  
Stock-based compensation expense29137
Stock Compensation Plan [Member]
  
Adjustments to reconcile net income to net cash provided by operating activities:  
Stock-based compensation expense7874
Vesting Of Recognition And Retention Plan [Member]
  
Adjustments to reconcile net income to net cash provided by operating activities:  
Stock-based compensation expense$ 127$ 272