XML 81 R84.htm IDEA: XBRL DOCUMENT v2.4.0.6
Parent Company only Condensed Financial Information (Details 3) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:                      
Net income (loss) $ 2,669 $ 2,486 $ 2,679 $ 2,075 $ 2,887 $ 4,817 $ 2,086 $ 1,581 $ 9,909 $ 11,371 $ (55,857)
Adjustments to reconcile net income (loss) to net cash provided by operating activities :                      
Amortization of restricted stock award, net of forfeitures and taxes                 148 75 89
Net cash provided by operating activities                 16,041 21,441 15,881
Cash flows from financing activities:                      
Repayment of subordinated debt                 (14,423)    
Payment of cash dividends - preferred stock                 (373) (4,672)  
Repayment of preferred stock                 (40,000)    
Issuance of preferred stock, net of issuance costs                     69,698
Net cash provided by (used in) financing activities                 375,183 43,393 (63,224)
Net increase in cash and cash equivalents                 300,693 695 26,615
Cash and cash equivalents, beginning of year       72,872       72,177 72,872 72,177 45,562
Cash and cash equivalents, end of year 373,565       72,872       373,565 72,872 72,177
Parent Company
                     
Cash flows from operating activities:                      
Net income (loss)                 9,909 11,371 (55,857)
Adjustments to reconcile net income (loss) to net cash provided by operating activities :                      
Amortization of restricted stock award, net of forfeitures and taxes                 148 75 89
Equity in undistributed loss/(net income) of subsidiary bank                 32,290 (14,348) 52,184
Net change in other assets and liabilities                 (733) (1,182) 1,396
Net cash provided by operating activities                 41,614 (4,084) (2,188)
Cash flows from investing activities:                      
Equity investment in subsidiary bank                     (40,000)
Cash flows from financing activities:                      
Repayment of subordinated debt                 (14,423)    
Payment of cash dividends - preferred stock                 (373) (4,672)  
Repayment of preferred stock                 (40,000)    
Issuance of common stock, net of issuance costs                 28    
Issuance of preferred stock, net of issuance costs                     69,698
Net cash provided by (used in) financing activities                 (54,768) (4,672) 69,698
Net increase in cash and cash equivalents                 (13,154) (8,756) 27,510
Cash and cash equivalents, beginning of year       24,347       33,103 24,347 33,103 5,593
Cash and cash equivalents, end of year $ 11,193       $ 24,347       $ 11,193 $ 24,347 $ 33,103