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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 earnings (loss) $ 50,704 $ (62,016) $ (9,350)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 20,084 16,722 14,606
Provision for credit losses 26,570 212,492 159,900
Gain from Affinity acquisition     (66,989)
(Gain) loss on sale of other real estate owned (9,140) (5,525) 1,308
Provision for losses and valuation adjustments on other real estate owned 16,994 17,660 17,795
(Gain) loss on sale of premises and equipment (23) (4) 12
Impairment loss on covered securities   874  
Earned stock compensation 7,896 8,496 8,199
Tax effect in stockholders' equity of restricted stock vesting 937 1,840 2,108
Increase (decrease) in accrued and deferred income taxes, net 17,694 (42,562) (19,274)
Decrease in FDIC loss sharing asset 21,165 67,669  
Decrease (increase) in other assets 18,053 27,205 (13,573)
Increase in accrued interest payable and other liabilities (661) (8,553) (18,718)
Net cash provided by operating activities 170,273 234,298 76,024
CASH FLOWS FROM INVESTING ACTIVITIES:      
Resolution of goodwill matter with FDIC 7,636    
Net cash and cash equivalents acquired in acquisitions   171,366 251,679
Net decrease in loans 450,492 126,813 122,708
Proceeds from sales of loans 2,495 258,128 36,919
Securities available-for-sale:      
Proceeds from maturities and paydowns 231,898 215,113 81,783
Purchases (658,310) (627,884) (227,546)
Net redemptions of Federal Home Loan Bank stock 8,934 6,036  
Proceeds from sale of other real estate owned 61,954 83,141 42,496
Capitalized costs to complete other real estate owned (125) (902) (1,504)
Purchases of premises and equipment (5,936) (5,271) (3,343)
Proceeds from sale of premises and equipment 27 27 69
Net cash provided by investing activities 99,065 226,567 303,261
Net increase (decrease) in deposits:      
Noninterest-bearing 220,237 128,866 131,245
Interest-bearing (292,482) (325,922) (380,067)
Net decrease in borrowings   (387,776) (213,039)
Net proceeds from issuance of common stock   26,587 148,782
Tax effect in stockholders' equity of restricted stock vesting (937) (1,840) (2,108)
Restricted stock surrendered (1,465) (1,831) (1,775)
Cash dividends paid (7,626) (1,445) (11,145)
Net cash used in financing activities (82,273) (563,361) (328,107)
Net (decrease) increase in cash and cash equivalents 187,065 (102,496) 51,178
Cash and cash equivalents at beginning of year 108,552 211,048 159,870
Cash and cash equivalents at end of year 295,617 108,552 211,048
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest 33,000 41,844 57,565
Cash paid (received) during the year for income taxes 19,083 (4,193) 11,426
Supplemental disclosure of noncash investing and financing activities:      
Transfer of loans to other real estate owned $ 68,683 $ 68,447 $ 66,096