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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
Assets      
Cash and due from banks $ 57,289 $ 65,528 $ 55,761
Federal funds sold and interest bearing accounts 66,872 229,042 170,349
Investment securities available for sale, at fair value 361,051 339,967 340,839
Other investments 7,003 9,878 11,089
Mortgage loans held for sale 29,021 11,563 8,867
Loans 1,439,862 1,332,086 1,368,895
Covered loans 546,234 571,489 595,428
Less: allowance for loan losses 25,901 35,156 35,238
Loans, net 1,960,195 1,868,419 1,929,085
Foreclosed assets 37,325 46,680 50,866
Covered foreclosed assets 88,895 78,617 81,907
Total foreclosed assets 126,220 125,297 132,773
FDIC indemnification asset 198,440 242,394 239,719
Premises and equipment, net 75,609 73,124 71,848
Cash value of bank owned life insurance 50,087    
Intangible assets, net 3,404 3,250 3,471
Goodwill 956 956 956
Other assets 13,236 24,889 45,622
Total assets 2,949,383 2,994,307 3,010,379
Liabilities and Stockholders' Equity Liabilities      
Noninterest-bearing 464,503 395,347 354,434
Interest-bearing 2,115,614 2,196,219 2,274,458
Total deposits 2,580,117 2,591,566 2,628,892
Securities sold under agreements to repurchase 17,404 37,665 13,180
Other borrowings 0 20,000 21,000
Other liabilities 10,387 9,037 10,616
Subordinated deferrable interest debentures 42,269 42,269 42,269
Total liabilities 2,650,177 2,700,537 2,715,957
Commitments and contingencies         
Stockholders' Equity      
Preferred stock, stated value $1,000; 5,000,000 shares authorized; 52,000 shares issued 51,207 50,727 50,572
Common stock, par value $1; 100,000,000 shares authorized; 25,155,318, 25,087,468 and 25,078,968 issued 25,155 25,087 25,079
Capital surplus 164,182 166,639 166,385
Retained earnings 62,156 54,852 54,530
Accumulated other comprehensive income 7,337 7,296 8,687
Treasury stock, at cost, 1,336,174 shares (10,831) (10,831) (10,831)
Total stockholders' equity 299,206 293,770 294,422
Total liabilities and stockholders' equity $ 2,949,383 $ 2,994,307 $ 3,010,379