XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 99,471 $ 92,342
Interest-earning deposits in financial institutions 34,290 203,275
Total cash and cash equivalents 133,761 295,617
Securities available-for-sale, at fair value ($45,274 and $45,149 covered by FDIC loss sharing at March 31, 2012 and December 31, 2011, respectively) 1,380,878 1,326,358
Federal Home Loan Bank stock, at cost 43,902 46,106
Total investment securities 1,424,780 1,372,464
Non-covered loans and leases, net of unearned income 2,865,283 2,807,713
Allowance for loan and lease losses (74,767) (85,313)
Non-covered loans and leases, net 2,790,516 2,722,400
Covered loans, net 660,297 703,023
Total loans and leases, net 3,450,813 3,425,423
Other real estate owned, net ($29,888 and $33,506 covered by FDIC loss sharing at March 31, 2012 and December 31, 2011, respectively) 76,094 81,918
Premises and equipment, net 22,885 23,068
FDIC loss sharing asset 79,570 95,187
Cash surrender value of life insurance 67,301 67,469
Goodwill 56,144 39,141
Core deposit and customer relationship intangibles, net 17,380 17,415
Other assets 119,380 110,535
Total assets 5,448,108 5,528,237
LIABILITIES    
Noninterest-bearing deposits 1,785,678 1,685,799
Interest-bearing deposits 2,770,992 2,891,654
Total deposits 4,556,670 4,577,453
Borrowings 193,104 225,000
Subordinated debentures 108,250 129,271
Accrued interest payable and other liabilities 40,439 50,310
Total liabilities 4,898,463 4,982,034
Commitments and contingencies (Note 9)      
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 par value; authorized 5,000,000 shares; none issued and outstanding      
Common stock, $0.01 par value; authorized 75,000,000 shares; 37,642,287 shares issued at March 31, 2012 and 37,542,287 at December 31, 2011 (includes 1,617,760 and 1,675,730 shares of unvested restricted stock, respectively) 376 375
Additional paid-in capital 1,079,871 1,084,691
Accumulated deficit (551,074) (556,338)
Treasury stock, at cost - 344,149 and 287,969 shares at March 31, 2012 and December 31, 2011, respectively (6,629) (5,328)
Accumulated other comprehensive income 27,101 22,803
Total stockholders' equity 549,645 546,203
Total liabilities and stockholders' equity $ 5,448,108 $ 5,528,237