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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net income $ 5,394 $ 4,489
Depreciation 543 723
Provision for loan losses 600 1,575
Impairment on securities 77 165
Gain (loss) on securities transactions, net (84) 74
Loss on writedown and sale of foreclosed assets 525 698
Amortization of premiums and discounts on securities, net 276 39
Amortization of deferred loan fees and discounts (545) (576)
Amortization of core deposit intangibles 28 43
Stock-based compensation 38 43
Changes in:    
Accrued interest receivable (84) 428
Other assets (2,172) 425
Accrued interest payable (49) (100)
Preferred stock repurchase payable 42,941  
Other liabilities 673 2,614
Net cash provided by operating activities 48,161 10,640
Purchases of securities available-for-sale (47,072) (35,922)
Purchases of other investments (1) (1)
Proceeds from sales of securities available-for-sale   186
Proceeds from maturities, calls, and principal paydowns of securities available-for-sale 51,206 39,263
Proceeds from sales and maturities of other investments 604 221
Net change in loans (56,481) 64,984
Proceeds from sale of foreclosed assets 9,878 13,240
Purchases of premises and equipment (188) (227)
Net cash (used in) provided by investing activities (42,054) 81,744
Net change in:    
Deposits 7,895 (53,382)
Other borrowings (315) (20,452)
Proceeds from issuance of common stock 45,247  
Repurchase of common stock (125)  
Repurchase of preferred stock (43,034)  
Cash dividends paid on preferred stock (1,125) (1,139)
Net cash provided by (used in) financing activities 8,543 (74,973)
Net increase in cash and cash equivalents 14,650 17,411
Cash and cash equivalents at beginning of period 193,609 151,725
Cash and cash equivalents at end of period 208,259 169,136
Supplemental information:    
Interest paid 5,339 7,340
Income taxes paid 2,144 692
Noncash investing and financing activities:    
Foreclosed assets acquired 5,799 9,796
Loans originated to finance foreclosed assets 4,071 2,676
Incentive Plan [Member]
   
Noncash investing and financing activities:    
Issuance of common stock pursuant to incentive plan   $ 397
Restricted Stock [Member]
   
Noncash investing and financing activities:    
Issuance of common stock – restricted shares (in Shares) 2,302