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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net loss $ (1,864) $ (23,400) $ (60,202)
Adjustments to reconcile net loss to net cash provided by operating activities      
Depreciation 2,529 2,452 2,581
Goodwill impairment     3,691
Amortization of unearned discounts / premiums on investment securities available for sale, net 6,031 4,959 1,829
Deferred income tax expense (benefit) 2,721 (2,663) 5,524
(Increase) decrease in income tax refunds receivable (510) 7,436 13,433
Provision for loan losses 13,075 20,500 47,100
Gain on sale of branches (568)    
Gain on sale of credit card portfolio     (1,177)
Gain on sales of mortgage loans held for sale, net (2,585) (871) (1,256)
Gain on sales of SBA loans (162)    
Loss on other loans held for sale 3,660 8,119 7,562
Writedowns, gains and losses on sales of foreclosed real estate, net 8,617 6,086 10,650
Loss on prepayment of FHLB advances   412 33
Investment securities gains, net (10,494) (157) (10)
Originations of mortgage loans held for sale (97,400) (49,581) (73,256)
Proceeds from sale of mortgage loans held for sale 97,519 51,597 73,603
Compensation expense on equity-based awards 1,109 823 327
(Increase) decrease in interest receivable and other assets, net 1,572 (1,053) (557)
Increase (decrease) in interest payable and other liabilities, net (1,906) (2,488) 1,151
Net cash provided by (used in) operating activities 21,344 22,171 31,026
Investing Activities      
Proceeds from sales of investment securities available for sale 181,014 4,267 40,193
Proceeds from maturities of investment securities available for sale 4,547 40,785 47,321
Purchases of investment securities available for sale (260,916) (133,354) (203,893)
Repayments on investment securities available for sale 67,948 50,009 17,315
Proceeds from redemption of FHLB stock, net 1,691 3,283 225
Proceeds from sales of other loans held for sale 15,752 7,952 9,216
Repayments on other loans held for sale 70 13,294  
(Increase) decrease in gross loans, net (4,385) (6,519) 87,085
Proceeds on sale of credit card portfolio     13,375
Proceeds on sale of foreclosed real estate 13,524 13,397 17,616
Purchases of premises and equipment, net (1,521) (1,846) (1,442)
Payment for sale of branches, net (32,272)    
Net cash provided by (used for) investing activities (14,548) (8,732) 27,011
Financing Activities      
Increase in transaction, money market, and savings deposit accounts, net 36,980 38,809 17,439
Decrease in time deposit accounts, net (36,842) (147,990) (58,991)
Increase (decrease) in retail repurchase agreements, net (8,501) 3,138 5,175
Decrease in commercial paper, net     (19,061)
Repayment of FHLB borrowings   (35,412) (66,033)
Proceeds from issuance of common stock, net 104,000 7,951 97,998
Proceeds from issuance of convertible debt     380
Net cash used for financing activities (8,363) (133,504) (23,093)
Net change in cash and due from banks (1,567) (120,065) 34,944
Cash and due from banks at beginning of period 102,952 223,017 188,073
Cash and due from banks at end of period 101,385 102,952 223,017
Cash paid and received during the period for:      
Cash paid for interest expense 5,242 10,059 16,199
Income tax paid (refunds received), net 510 (7,436) (20,302)
Significant noncash activities      
Change in net unrealized gains on investment securities available for sale, net of tax (5,187) 5,414 958
Change in net unrealized loss on pension plan assets, net of tax 840 (1,205) (577)
Loans transferred from gross loans to other loans held for sale 21,383 1,224 88,564
Loans transferred from gross loans to foreclosed real estate, at fair value 3,575 18,077 20,423
Loans transferred from other loans held for sale to gross loans, at fair value 6,143 14,752 5,629
Loans transferred from other loans held for sale to foreclosed real estate, at fair value 1,814 9,086  
Conversion of convertible debt to common stock     $ 380