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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 10,516 $ 8,102
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,751 2,584
Depreciation, amortization and accretion, net 4,084 3,958
Stock-based compensation expense 173 106
Gains on investment securities, net (933) (412)
Other-than-temporary impairment losses recognized in earnings (127) 584
Losses on sales of other real property owned, net 257 712
Loss on write down of fixed assets 19 1
Gain on sale of other assets (954) (426)
Decrease in accrued interest receivable (273) (295)
Decrease in accrued interest payable (125) (209)
Origination of loans held for sale (67,545) (34,207)
Proceeds from sale of loans held for sale 68,155 33,289
Increase in other assets (220) (2,071)
Increase (decrease) in other liabilities (106) 3,345
Net cash provided by operating activities 14,672 15,061
Cash flows from investing activities:    
Proceeds from maturities of certificates of deposit investments 11,143 8,611
Purchases of certificates of deposit investments (6,416) (11,392)
Proceeds from sales of securities available-for-sale 30,500 11,140
Proceeds from maturities of securities held-to-maturity 51 0
Proceeds from maturities of securities available-for-sale 195,136 119,780
Purchases of securities available-for-sale (269,317) (229,276)
Net increase in loans (40,759) (12,114)
Purchases of premises and equipment (1,164) (4,145)
Proceeds from sales of other real property owned 3,830 2,056
Net cash used in investing activities (76,996) (115,340)
Cash flows from financing activities:    
Net increase in deposits 69,934 (13,821)
(Decrease) Increase in repurchase agreements (20,510) 22,338
Repayment of long term FHLB advances (10,000) (3,000)
Repayment of debt-ST (8,250) 0
Proceeds from issuance of common stock 819 326
Proceeds from issuance of preferred stock 8,250 19,250
Purchase of treasury stock (1,637) (2,015)
Dividends paid on preferred stock (1,766) (3,156)
Dividends paid on common stock (1,890) (1,697)
Net cash provided by financing activities 34,950 18,225
Increase (decrease) in cash and cash equivalents (27,374) (82,054)
Cash and cash equivalents at beginning of period 73,102 231,493
Cash and cash equivalents at end of period 45,728 149,439
Cash paid during the period for:    
Interest 5,068 6,802
Income taxes 6,378 2,397
Supplemental disclosures of noncash investing and financing activities    
Loans transferred to other real estate owned (584) (1,500)
Dividends reinvested in common stock 747 641
Net tax benefit related to option and deferred compensation plans $ 102 $ 31