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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:      
Loans, including fees $ 160,036,709 $ 154,748,491 $ 162,901,763
Securities:      
Taxable 16,931,417 23,971,787 30,306,189
Tax-exempt 6,576,701 7,394,134 7,916,596
Federal funds sold and other 1,876,731 2,232,423 2,223,816
Total interest income 185,421,558 188,346,835 203,348,364
Interest expense:      
Deposits 16,842,852 30,588,033 49,856,815
Securities sold under agreements to repurchase 455,499 1,110,078 1,749,905
Federal Home Loan Bank advances and other borrowings 5,258,749 5,184,313 7,368,258
Total interest expense 22,557,100 36,882,424 58,974,978
Net interest income 162,864,458 151,464,411 144,373,386
Provision for loan losses 5,568,830 21,797,613 53,695,454
Net interest income after provision for loan losses 157,295,628 129,666,798 90,677,932
Noninterest income:      
Service charges on deposit accounts 9,917,754 9,244,165 9,591,543
Investment services 6,984,970 6,246,414 5,050,105
Insurance sales commissions 4,461,404 3,999,153 3,864,340
Trust fees 3,195,950 2,999,731 2,872,490
Gains on mortgage loans sold, net 6,698,618 4,155,137 4,085,657
Net gain on sale of investment securities 2,150,605 960,763 2,623,674
Other noninterest income 9,987,335 10,334,847 8,227,237
Total noninterest income 43,396,636 37,940,210 36,315,046
Noninterest expense:      
Salaries and employee benefits 78,056,564 74,424,851 64,628,991
Equipment and occupancy 20,420,333 19,986,976 21,077,223
Other real estate expense 11,544,067 17,431,926 29,210,197
Marketing and other business development 3,635,810 3,303,151 3,233,224
Postage and supplies 2,379,730 2,120,722 2,538,021
Amortization of intangibles 2,738,994 2,862,837 2,980,986
Other noninterest expense 19,389,368 18,976,865 23,214,670
Total noninterest expense 138,164,866 139,107,328 146,883,312
Income (loss) before income taxes 62,527,398 28,499,680 (19,890,334)
Income tax expense (benefit) 20,643,517 (15,237,687) 4,410,158
Net income (loss) 41,883,881 43,737,367 (24,300,492)
Preferred stock dividends 1,660,868 4,606,493 4,815,973
Accretion on preferred stock discount 2,153,172 2,058,146 1,326,049
Net income (loss) available to common stockholders $ 38,069,841 $ 37,072,728 $ (30,442,514)
Per share information:      
Basic net income (loss) per common share available to common stockholders (in dollars per share) $ 1.12 $ 1.11 $ (0.93)
Diluted net income (loss) per common share available to common stockholders (in dollars per share) $ 1.10 $ 1.09 $ (0.93)
Weighted average common shares outstanding:      
Basic (in shares) 33,899,667 33,420,015 32,789,871
Diluted (in shares) 34,487,808 34,060,228 32,789,871