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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 income (loss) $ 11,371 $ (55,857) $ (11,985)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Amortization (accretion) of discounts and premiums on securities 1,634 (1,557) (259)
Gain on sale of securities available-for-sale (459) (1,955) (231)
Gain on sale of SBA loans (1,461) (1,058) (1,306)
Proceeds from sale of SBA loans originated for sale 16,857 19,824 12,023
Net change in SBA loans originated for sale (7,634) (21,599) (20,630)
Loss on sale of other loans   887  
Writedowns on other loans held-for-sale 29 1,080  
Provision for loan losses 4,469 26,804 33,928
Increase in cash surrender value of life insurance (1,706) (1,677) (1,664)
Depreciation and amortization 766 799 807
Goodwill impairment   43,181  
Amortization of other intangible assets 523 575 642
Writedowns and (gains)/losses on sale of foreclosed assets, net (10) 576 79
Stock option expense, net 566 41 1,284
Amortization of restricted stock awards, net 75 89 84
Effect of changes in:      
Accrued interest receivable and other assets (675) 4,664 (12,866)
Accrued interest payable and other liabilities (2,904) 1,064 (1,944)
Net cash provided by (used in) operating activities 21,441 15,881 (2,038)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of securities available-for-sale (233,092) (197,978) (147,590)
Maturities/paydowns/calls of securities available-for-sale 52,427 31,864 131,362
Proceeds from sales of securities available-for-sale 45,014 46,012 15,272
Net change in SBA loans previously transferred to held-for-sale   (358) (1,118)
Proceeds from sales of SBA loans previously transferred to held-for-sale   2,816 20,795
Net change in other loans transferred to held-for-sale 49 1,223  
Proceeds from sale of other loans transferred held-for-sale 1,769 10,303  
Net change in loans 68,155 168,390 121,989
Changes in Federal Home Loan Bank stock and other investments (751) (720) (638)
Purchase of company owned life insurance (1,000)    
Proceeds from redemption of company owned life insurance   308  
Purchase of premises and equipment (349) (190) (296)
Proceeds from sale of foreclosed assets 3,639 12,288 4,196
Net cash provided by (used in) investing activities (64,139) 73,958 143,972
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net change in deposits 55,510 (95,367) (64,765)
Net change in securities sold under agreement to repurchase (5,000) (20,000) (10,000)
Net change in note payable     (15,000)
Net change in short-term borrowings (2,445) (17,555) (35,000)
Issuance of preferred stock, net of offering costs   69,698  
Payment of cash dividends - preferred stock (4,672)   (1,467)
Payment of cash dividends - common stock     (236)
Net cash provided by (used in) financing activities 43,393 (63,224) (126,468)
Net increase in cash and cash equivalents 695 26,615 15,466
Cash and cash equivalents, beginning of year 72,177 45,562 30,096
Cash and cash equivalents, end of year 72,872 72,177 45,562
Supplemental disclosures of cash flow information:      
Interest paid 7,901 8,896 19,030
Income taxes paid (refund) 490 (6,357) 605
Supplemental schedule of non-cash investing activity:      
Due to broker for securities purchased, settling after year-end 5,175 2,902 4,065
Transfer of loans held-for-sale to loan portfolio 235 2,367  
Transfer of portfolio loans to loans held-for-sale   17,079 20,506
Loans transferred to foreclosed assets 4,565 11,919 5,856
Conversion of Series B preferred stock to common stock   50,179  
Cash dividend accrued on Series A preferred stock   $ 2,027 $ 783