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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest and dividend income:      
Loans, including fees $ 92,691 $ 93,073 $ 99,996
Debt securities:      
Taxable 8,733 10,007 11,000
Tax exempt 524 700 986
Dividends 27 32 19
Interest bearing cash at Federal Reserve and other banks 1,007 760 332
Total interest and dividend income 102,982 104,572 112,333
Interest expense:      
Deposits 6,559 10,447 17,891
Other borrowings 2,420 2,412 1,221
Junior subordinated debt 1,259 1,274 1,503
Total interest expense 10,238 14,133 20,615
Net interest income 92,744 90,439 91,718
Provision for loan losses 23,060 37,458 31,450
Net interest income after provision for loan losses 69,684 52,981 60,268
Noninterest income:      
Service charges and fees 23,944 23,100 22,822
Gain on sale of loans 3,037 3,647 3,466
Commissions on sale of non-deposit investment products 2,105 1,209 1,632
Increase in cash value of life insurance 1,885 1,847 1,879
Bargain purchase gain 7,575 232  
Other 4,267 2,660 530
Total noninterest income 42,813 32,695 30,329
Noninterest expense:      
Salaries and related benefits 44,203 40,105 39,810
Other 38,512 37,100 35,640
Total noninterest expense 82,715 77,205 75,450
Income before income taxes 29,782 8,471 15,147
Provision for income taxes 11,192 2,466 5,185
Net income $ 18,590 $ 6,005 $ 9,962
Earnings per share:      
Basic $ 1.17 $ 0.38 $ 0.63
Diluted $ 1.16 $ 0.37 $ 0.62