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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net loss attributable to First Banks, Inc. $ (41,150) $ (191,737) $ (427,621)
Net loss attributable to noncontrolling interest in subsidiaries (2,950) (6,514) (21,315)
Less: net loss from discontinued operations (11,605) (3,194) (72,314)
Net loss from continuing operations (32,495) (195,057) (376,622)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization of bank premises and equipment 13,053 16,001 16,838
Amortization of intangible assets 2,962 3,260 4,326
Amortization and accretion of investment securities 11,934 6,267 1,701
Goodwill impairment 0 0 75,000
Originations of loans held for sale (274,254) (396,855) (568,966)
Proceeds from sales of loans held for sale 301,343 385,109 573,764
Payments received on loans held for sale 237 521 3,283
Provision for loan losses 69,000 214,000 390,000
Provision (benefit) for current income taxes 181 (437) 76
Benefit for deferred income taxes (21,395) (68,012) (121,128)
Increase in deferred tax asset valuation allowance 10,560 72,563 123,445
Decrease in accrued interest receivable 3,884 5,732 5,173
Increase in accrued interest payable 7,948 4,148 268
Decrease in current income taxes receivable 89 2,488 62,050
Gain on loans sold and held for sale (5,176) (9,516) (4,112)
Net gain on investment securities (5,335) (8,315) (7,697)
Net loss on derivative instruments 193 2,925 4,874
Decrease in fair value of servicing rights 7,652 5,558 2,896
Write-downs on other real estate and repossessed assets 16,922 34,680 37,400
Net cash paid from termination of derivative instruments 0 (1,671) 0
Other operating activities, net 20,426 7,522 (1,241)
Net cash provided by operating activities - continuing operations 127,729 80,911 221,328
Net cash used in operating activities - discontinued operations (12,505) (11,340) (55,062)
Net cash provided by operating activities 115,224 69,571 166,266
Cash flows from investing activities:      
Net cash (paid) received for sale of assets and liabilities of discontinued operations, net of cash and cash equivalents sold (51,339) (1,400,472) 155,695
Cash paid for sale of branches, net of cash and cash equivalents sold (16,256) (8,408) (17,786)
Cash paid for earn-out consideration to Adrian N. Baker & Company 0 0 (2,939)
Proceeds from sales of investment securities available for sale 283,713 249,209 521,795
Maturities of investment securities available for sale 341,179 189,887 667,797
Maturities of investment securities held to maturity 1,660 2,418 3,667
Purchases of investment securities available for sale (1,587,313) (1,419,739) (1,126,519)
Purchases of investment securities held to maturity (3,450) 0 0
Redemptions of Federal Home Loan Bank and Federal Reserve Bank stock 3,577 35,068 6,422
Purchases of Federal Home Loan Bank and Federal Reserve Bank stock (534) (113) (23,666)
Proceeds from sales of commercial loans 65,867 107,414 157,230
Net decrease in loans 884,338 1,309,598 759,470
Recoveries of loans previously charged-off 22,304 52,102 13,682
Purchases of bank premises and equipment (5,179) (4,017) (22,984)
Net proceeds from sales of other real estate and repossessed assets 65,398 108,321 66,710
Proceeds from termination of bank-owned life insurance policy 0 25,957 90,578
Cash paid attributable to noncontrolling interest in SBLS LLC 0 0 (1,857)
Other investing activities, net 2,109 3,621 833
Net cash provided by (used in) investing activities - continuing operations 6,074 (749,154) 1,248,128
Net cash provided by (used in) investing activities - discontinued operations 2,711 50,045 (20,081)
Net cash provided by (used in) investing activities 8,785 (699,109) 1,228,047
Cash flows from financing activities:      
(Decrease) increase in demand, savings and money market deposits (84,767) 83,927 255,954
Decrease in time deposits (495,427) (170,926) (101,747)
Decrease in Federal Reserve Bank advances 0 0 (100,000)
Advances drawn on Federal Home Loan Bank advances 0 0 600,000
Repayments of Federal Home Loan Bank advances 0 (600,000) (200,710)
Increase (decrease) in securities sold under agreements to repurchase 19,376 (134,775) (91,630)
Payment of preferred stock dividends 0 0 (6,365)
Net cash (used in) provided by financing activities - continuing operations (560,818) (821,774) 355,502
Net cash used in financing activities - discontinued operations (86,938) (69,181) (75,880)
Net cash (used in) provided by financing activities (647,756) (890,955) 279,622
Net (decrease) increase in cash and cash equivalents (523,747) (1,520,493) 1,673,935
Cash and cash equivalents, beginning of year 995,758 2,516,251 842,316
Cash and cash equivalents, end of year 472,011 995,758 2,516,251
Supplemental disclosures of cash flow information:      
Cash paid for interest on liabilities 34,711 68,789 108,206
Cash received for income taxes (239) (1,873) (62,317)
Noncash investing and financing activities:      
Loans transferred to other real estate and repossessed assets 69,941 158,889 143,586
Bank premises and equipment transferred to other real estate and repossessed assets 6,537 0 0
Business combinations:      
Goodwill and other intangible assets recorded with net assets acquired $ 0 $ 0 $ 2,939