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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 84,538 $ 70,964
Short-term investments 544,218 924,794
Total cash and cash equivalents 628,756 995,758
Investment securities:    
Available for sale 2,182,395 1,483,185
Held to maturity (fair value of $14,625 and $11,990, respectively) 14,013 11,152
Total investment securities 2,196,408 1,494,337
Loans:    
Commercial, financial and agricultural 851,137 1,045,832
Real estate construction and development 332,389 490,766
Real estate mortgage 2,504,868 2,872,104
Consumer and installment 26,878 33,623
Loans held for sale 17,112 54,470
Total loans 3,732,384 4,496,795
Deferred loan costs (fees) 2,219 (4,511)
Allowance for loan losses (161,186) (201,033)
Net loans 3,573,417 4,291,251
Federal Reserve Bank and Federal Home Loan Bank stock, at cost 26,942 30,121
Bank premises and equipment, net 149,110 161,414
Goodwill and other intangible assets 127,455 129,054
Deferred income taxes 25,839 18,004
Other real estate and repossessed assets 126,244 140,665
Other assets 65,105 71,726
Assets held for sale 0 2,266
Assets of discontinued operations 0 43,532
Total assets 6,919,276 7,378,128
LIABILITIES    
Noninterest-bearing demand 1,130,361 1,167,206
Interest-bearing demand 955,828 919,973
Savings and money market 2,154,618 2,206,763
Time deposits of $100 or more 666,651 828,651
Other time deposits 1,168,687 1,335,822
Total deposits 6,076,145 6,458,415
Other borrowings 51,247 31,761
Subordinated debentures 354,019 353,981
Deferred income taxes 33,021 25,186
Accrued expenses and other liabilities 95,525 83,900
Liabilities held for sale 0 23,406
Liabilities of discontinued operations 0 94,184
Total liabilities 6,609,957 7,070,833
STOCKHOLDERS' EQUITY    
Prefered stock 0 0
Common stock, $250.00 par value, 25,000 shares authorized, 23,661 shares issued and outstanding 5,915 5,915
Additional paid-in capital 12,480 12,480
Retained deficit (154,578) (120,827)
Accumulated other comprehensive income (loss) 32,600 (2,318)
Total First Banks, Inc. stockholders' equity 213,279 210,393
Noncontrolling interest in subsidiary 96,040 96,902
Total stockholders' equity 309,319 307,295
Total liabilities and stockholders' equity 6,919,276 7,378,128
Class A Converible Adjustable Rate Preferred Stock
   
STOCKHOLDERS' EQUITY    
Prefered stock 12,822 12,822
Class B Adjustable Rate Preferred Stock
   
STOCKHOLDERS' EQUITY    
Prefered stock 241 241
Class C Fixed Rate Cumulative Perpetual Preferred Stock
   
STOCKHOLDERS' EQUITY    
Prefered stock 286,456 284,737
Class D Fixed Rate Cumulative Perpetual Preferred Stock
   
STOCKHOLDERS' EQUITY    
Prefered stock $ 17,343 $ 17,343