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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 33,890 $ 16,520
Interest-bearing deposits in other financial institutions 51,872 357,045
Total cash and cash equivalents 85,762 373,565
Securities available-for-sale, at fair value 293,778 367,912
Securities held-to-maturity, at amortized cost (fair value of $72,772 at June 30, 2013 and $50,964 at December 31, 2012) 81,731 51,472
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 6,321 3,409
Loans, net of deferred fees 841,950 812,313
Allowance for loan losses (19,342) (19,027)
Loans, net 822,608 793,286
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 10,871 10,728
Company owned life insurance 49,184 48,358
Premises and equipment, net 7,541 7,469
Intangible assets 1,763 2,000
Accrued interest receivable and other assets 39,947 35,113
Total assets 1,399,506 1,693,312
Deposits:    
Demand, noninterest-bearing 407,516 727,684
Demand, interest-bearing 171,027 155,951
Savings and money market 295,336 272,047
Time deposits-under $100 23,062 25,157
Time deposits-$100 and over 197,718 190,502
Time deposits-brokered 76,800 97,807
CDARS - money market and time deposits 17,580 10,220
Total deposits 1,189,039 1,479,368
Subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 33,568 34,924
Total liabilities 1,231,886 1,523,571
Shareholders' equity:    
Common stock, no par value; 60,000,000 shares authorized; 26,338,521 shares issued and outstanding at June 30, 2013 and 26,322,147 shares issued and outstanding at December 31, 2012 132,097 131,820
Retained earnings 20,694 15,721
Accumulated other comprehensive (loss) income (4,690) 2,681
Total shareholders' equity 167,620 169,741
Total liabilities and shareholders' equity 1,399,506 1,693,312
Series C convertible perpetual preferred stock
   
Shareholders' equity:    
Preferred stock $ 19,519 $ 19,519