XML 14 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements Of Operations And Comprehensive Income/(Loss) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income    
Interest and fees on loans$ 31,633$ 26,465$ 93,480$ 79,808
Interest on taxable securities2,6722,2957,9047,259
Interest on nontaxable securities330295964898
Interest on deposits in other banks and federal funds sold153118500295
Total interest income34,78829,173102,84888,260
Interest expense    
Interest on deposits6,4316,90320,63121,318
Interest on other borrowings5552701,461671
Total interest expense6,9867,17322,09221,989
Net interest income27,80222,00080,75666,271
Provision for loan losses7,5529,73923,71039,117
Net interest income after provision for loan losses20,25012,26157,04627,154
Noninterest income    
Service charges on deposit accounts4,6663,76113,59810,822
Mortgage banking activity7077121,5331,939
Other service charges, commissions and fees392180907626
Gain on acquisitions26,867 26,8678,208
Gain on sale of securities  238200
Other noninterest income1,0903572,7461,179
Total noninterest income33,7225,01045,88922,974
Noninterest expense    
Salaries and employee benefits10,0297,55429,29323,441
Equipment and occupancy expenses3,2032,1718,6856,256
Amortization of intangible assets277254782726
Data processing and telecommunications expenses2,8171,7297,6655,568
Advertising and marketing expenses189167501469
Other non-interest expenses12,7487,05326,08822,813
Total noninterest expense29,26318,92873,01459,273
Income (loss) before income tax expense (benefit)24,709(1,657)29,921(9,145)
Income tax expense (benefit)8,249(760)9,969(3,293)
Net income (loss)16,460(897)19,952(5,852)
Preferred stock dividends8178072,4222,402
Net income (loss) available to common shareholders15,643(1,704)17,530(8,254)
Other comprehensive income    
Unrealized holding gain arising during period on investment securities available for sale, net of tax2,8037364,7911,680
Unrealized loss on cash flow hedges arising during period , net of tax(1,526)(130)(2,154)(343)
Reclassification adjustment for gains included in operations, net of tax (69)(154)(206)
Other comprehensive income1,2775372,4831,131
Comprehensive income (loss)$ 16,920$ (1,167)$ 20,013$ (7,123)
Basic earnings/(loss) per share$ 0.67$ (0.07)$ 0.75$ (0.42)
Diluted earnings/(loss) per share$ 0.66$ (0.07)$ 0.74$ (0.42)
Weighted Average Common Shares Outstanding    
Basic23,43823,57123,43919,569
Diluted23,55923,57123,53019,569