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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)
In Thousands, except Share data
Total
Preferred Stock
Common Stock
Retained Earnings/(Accumulated Deficit)
Accumulated Other Comprehensive Income/(Loss)
Comprehensive Income/(Loss)
Preferred stock, discount at Dec. 31, 2009 $ (1,598)    
Balance at Dec. 31, 2009172,30539,84680,22256,389(2,554) 
Balance (in shares) at Dec. 31, 2009 40,00011,820,509   
Increase (Decrease) in Shareholders' Equity      
Net income (loss)(57,562)  (57,562) (57,562)
Net change in unrealized gain/(loss) on securities available-for-sale and interest-only strips, net of reclassification adjustment and deferred income taxes1,026   1,0261,026
Net change in liability and other postretirement obligations, net of deferred income taxes202   202202
Total comprehensive income (loss)     (56,334)
Issuance of Series B manditorily convertible cumulative perpetual preferred stock, net of issuance costs50,22850,228    
Issuance of Series B manditorily convertible cumulative perpetual preferred stock (in shares) 53,996    
Conversion of Series B manditorily convertible cumulative perpetual preferred stock into common stock (50,228)50,228   
Conversion of Series B manditorily convertible cumulative perpetual preferred stock into common stock (in shares) (53,996)14,398,992   
Issuance of Series C convertible perpetual preferred stock, net of issuance costs19,53819,538    
Issuance of Series C convertible perpetual preferred stock (in shares) 21,004    
Issuance of restricted stock awards (in shares)  13,500   
Amortization of restricted stock awards, net of forfeitures and taxes42 42   
Cash dividends accrued on Series A preferred stock(1,516)  (1,516)  
Accretion of discount on Series A preferred stock 276 (276)  
Stock option expense, net of fortfeitures and taxes837 837   
Preferred stock, discount at Sep. 30, 2010 (1,322)    
Balance at Sep. 30, 2010185,10059,384131,329(2,965)(1,326) 
Balance (in shares) at Sep. 30, 2010 61,00426,233,001   
Preferred stock, discount at Dec. 31, 2010 (1,227)    
Balance at Dec. 31, 2010182,15259,365130,531(1,866)(4,651) 
Balance (in shares) at Dec. 31, 2010 61,00426,233,001   
Increase (Decrease) in Shareholders' Equity      
Net income (loss)8,484  8,484 8,484
Net change in unrealized gain/(loss) on securities available-for-sale and interest-only strips, net of reclassification adjustment and deferred income taxes6,732   6,7326,732
Net change in liability and other postretirement obligations, net of deferred income taxes650   650650
Total comprehensive income (loss)     15,866
Issuance of restricted stock awards (in shares)  62,000   
Amortization of restricted stock awards, net of forfeitures and taxes27 27   
Cash dividends accrued on Series A preferred stock(1,439)  (1,439)  
Accretion of discount on Series A preferred stock 293 (293)  
Stock option expense, net of fortfeitures and taxes457 457   
Preferred stock, discount at Sep. 30, 2011 (934)    
Balance at Sep. 30, 2011$ 197,063$ 59,365$ 131,015$ 4,886$ 2,731 
Balance (in shares) at Sep. 30, 2011 61,00426,295,001