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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income (loss) attributable to First Banks, Inc. $ 14,406 $ (23,197)
Net loss attributable to noncontrolling interest in subsidiary (445) (862)
Less: net loss from discontinued operations (5,004) (5,911)
Net income (loss) from continuing operations 18,965 (18,148)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization of bank premises and equipment 5,944 6,818
Amortization of intangible assets 0 1,566
Amortization and accretion of investment securities 6,759 5,216
Originations of loans held for sale (191,526) (104,863)
Proceeds from sales of loans held for sale 179,001 143,589
Payments received on loans held for sale 791 107
Provision for loan losses 2,000 33,000
Provision for current income taxes 216 124
Provision (benefit) for deferred income taxes 883 (8,053)
(Decrease) increase in deferred tax asset valuation allowance (883) 8,053
Decrease in accrued interest receivable 2,253 2,509
Increase in accrued interest payable 5,770 3,554
Gain on loans sold and held for sale (5,983) (1,408)
Net gain on investment securities (517) (1,117)
Decrease in fair value of servicing rights 2,191 2,369
Write-downs on other real estate and repossessed assets 6,253 6,806
Other operating activities, net 4,656 7,066
Net cash provided by operating activities - continuing operations 36,773 87,188
Net cash used in operating activities - discontinued operations (4,732) (5,108)
Net cash provided by operating activities 32,041 82,080
Cash flows from investing activities:    
Net cash paid for sale of assets and liabilities of discontinued operations, net of cash and cash equivalents sold 0 (51,339)
Cash paid for sale of branches, net of cash and cash equivalents sold 0 (16,256)
Proceeds from sales of investment securities available for sale 207,619 127,469
Maturities of investment securities available for sale 390,460 119,046
Maturities of investment securities held to maturity 228 467
Purchases of investment securities available for sale (957,724) (914,967)
Purchases of investment securities held to maturity 0 (3,450)
Net redemptions of Federal Reserve Bank and Federal Home Loan Bank stock 963 3,179
Proceeds from sales of commercial loans 18,283 65,537
Net decrease in loans 198,786 527,667
Recoveries of loans previously charged-off 14,917 13,316
Purchases of bank premises and equipment (3,282) (2,471)
Net proceeds from sales of other real estate and repossessed assets 26,548 49,394
Other investing activities, net 761 (146)
Net cash used in investing activities - continuing operations (102,441) (82,554)
Net cash provided by investing activities - discontinued operations 209 2,722
Net cash used in investing activities (102,232) (79,832)
Cash flows from financing activities:    
Increase (decrease) in demand, savings and money market deposits 61,924 (60,410)
Decrease in time deposits (122,491) (294,011)
(Decrease) increase in other borrowings (13,096) 19,438
Net cash used in financing activities - continuing operations (73,663) (334,983)
Net cash used in financing activities - discontinued operations (6,450) (34,267)
Net cash used in financing activities (80,113) (369,250)
Net decrease in cash and cash equivalents (150,304) (367,002)
Cash and cash equivalents, beginning of period 472,011 995,758
Cash and cash equivalents, end of period 321,707 628,756
Supplemental disclosures of cash flow information:    
Cash paid for interest on liabilities 9,732 20,260
Cash (received) paid for income taxes (12) 11
Noncash investing and financing activities:    
Reclassification of investment securities from available for sale to held to maturity 729,142 0
Loans transferred to other real estate and repossessed assets $ 12,948 $ 36,525