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Security Purchase Agreement	9 Months Ended
Sep. 30, 2011
Security Purchase Agreement [Abstract]
Security Purchase Agreement	(12) Security Purchase Agreement On June 30, 2011, the Company entered into a Securities Purchase Agreement with certain institutional investors to issue $75 million in 4,687,500 common shares under a private placement at $16 per share. It will also issue warrants to the investors with five-year terms that are convertible into common stock at an exercise price of $8 per share. The amount of common shares subject to exercise under the warrants will equal 25% of the number of shares to be issued to the investors in the offering. The completion of the transaction is subject to regulatory approval but is expected to close in the fourth quarter. On September 9, 2011, the Company entered into a First Amended and Restated Securities Purchase Agreement (the "Amended Agreement") pursuant to which one additional institutional investor agreed to purchase common stock in the Offering and one other Investor agreed to increase their respective investments in the Company. As a result, the aggregate size of the Offering was increased to $79.7 million and the number of common shares to be issued increased to 4,981,250. The Company intends to use the proceeds of the offering to support future operational growth and to redeem the preferred stock and associated warrants that were issued under the TARP Capital Purchase Program. The proceeds will also be used to improve capital for other general corporate purposes.

Security Purchase Agreement

9 Months Ended

Sep. 30, 2011

Security Purchase Agreement [Abstract]

(12) Security Purchase Agreement

On June 30, 2011, the Company entered into a Securities Purchase Agreement with certain institutional investors to issue $75 million in 4,687,500 common shares under a private placement at $16 per share. It will also issue warrants to the investors with five-year terms that are convertible into common stock at an exercise price of $8 per share. The amount of common shares subject to exercise under the warrants will equal 25% of the number of shares to be issued to the investors in the offering. The completion of the transaction is subject to regulatory approval but is expected to close in the fourth quarter.

On September 9, 2011, the Company entered into a First Amended and Restated Securities Purchase Agreement (the "Amended Agreement") pursuant to which one additional institutional investor agreed to purchase common stock in the Offering and one other Investor agreed to increase their respective investments in the Company. As a result, the aggregate size of the Offering was increased to $79.7 million and the number of common shares to be issued increased to 4,981,250.

The Company intends to use the proceeds of the offering to support future operational growth and to redeem the preferred stock and associated warrants that were issued under the TARP Capital Purchase Program. The proceeds will also be used to improve capital for other general corporate purposes.