Note 25 - Condensed Parent Company Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Statements of Financial Condition - Parent Company Only [Table Text Block]

	December 31,
	2012		2011
Assets
Cash and interest-bearing deposits	$	20,970	$	47,101
Investments in and advances to subsidiaries		1,092,681		1,135,930
Goodwill		10,358		10,358
Other assets		58,132		45,592
Total assets	$	1,182,141	$	1,238,981
Liabilities and Stockholders’ Equity
Senior and subordinated debt	$	214,779	$	252,153
Accrued expenses and other liabilities		26,469		24,241
Stockholders’ equity		940,893		962,587
Total liabilities and stockholders’ equity	$	1,182,141	$	1,238,981

Statements of Income - Parent Company Only [Table Text Block]

	Years ended December 31,
	2012			2011			2010
Income
Dividends from subsidiaries	$	38,000		$	104,000		$	-
Interest income		619			259			518
Net losses on early extinguishment of debt		(558	)		-			-
Securities transactions and other		1,982			(189	)		1,950
Total income		40,043			104,070			2,468
Expenses
Interest expense		14,840			9,892			9,124
Salaries and employee benefits		13,232			10,865			11,056
Other expenses		5,740			4,756			6,178
Total expenses		33,812			25,513			26,358
(Loss) income before income tax benefit and equity in undistributed (loss) income of subsidiaries		6,231			78,557			(23,890	)
Income tax benefit		13,070			10,414			9,388
(Loss) income before undistributed (loss) income of subsidiaries		19,301			88,971			(14,502	)
Equity in undistributed (loss) income of subsidiaries		(40,355	)		(52,408	)		4,818
Net (loss) income		(21,054	)		36,563			(9,684	)
Preferred dividends and accretion on preferred stock		-			(10,776	)		(10,299	)
Net loss (income) applicable to non-vested restricted shares		306			(350	)		266
Net (loss) income applicable to common shares	$	(20,748	)	$	25,437		$	(19,717	)

Statements of Cash Flows - Parent Company Only [Table Text Block]

	Years ended December 31,
	2012			2011			2010
Operating Activities
Net (loss) income	$	(21,054	)	$	36,563		$	(9,684	)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Equity in undistributed loss (income) of subsidiaries		40,355			52,408			(4,818	)
Depreciation of premises, furniture, and equipment		6			9			10
Net losses on securities		-			-			110
Net losses on early extinguishment of debt		558			-			-
Share-based compensation expense		6,004			6,362			5,638
Tax benefit (expense) related to share-based compensation		170			(179	)		350
Net (increase) decrease in other assets		(6,207	)		(10,290	)		4,053
Net increase (decrease) in other liabilities		1,366			4,618			(263	)
Net cash provided by (used in) operating activities		21,198			89,491			(4,604	)
Investing Activities
Purchases of securities available-for-sale		(5,811	)		-			-
Proceeds from sales and maturities of securities available-for-sale		-			14			16
Proceeds from sales of premises, furniture, and equipment		-			103			-
Purchase of premises, furniture, and equipment		(18	)		(16	)		(96	)
Capital injection into subsidiary bank		-			-			(100,000	)
Capital injection into non-bank subsidiary		-			(363	)		(750	)
Purchase of non-performing assets from subsidiary bank (1)		-			-			(168,088	)
Net cash used in investing activities		(5,829	)		(262	)		(268,918	)
Financing Activities
(Payments) proceeds for the (retirement) issuance of subordinated debt		(37,033	)		114,387			-
Redemption of preferred stock and related common stock warrant		-			(193,910	)		-
Proceeds from the issuance of common stock		-			-			196,035
Cash dividends paid		(2,977	)		(12,838	)		(12,422	)
Restricted stock activity		(1,469	)		(1,256	)		(401	)
Excess tax (expense) benefit related to share-based compensation		(21	)		47			(189	)
Net cash (used in) provided by financing activities		(41,500	)		(93,570	)		183,023
Net (decrease) increase in cash and cash equivalents		(26,131	)		(4,341	)		(90,499	)
Cash and cash equivalents at beginning of year		47,101			51,442			141,941
Cash and cash equivalents at end of year	$	20,970		$	47,101		$	51,442