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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:      
Interest and fees on loans $ 143,765 $ 184,593 $ 281,654
Investment securities:      
Taxable 56,547 45,172 24,612
Nontaxable 287 481 595
Federal Reserve Bank and Federal Home Loan Bank stock 1,146 1,416 2,063
Short-term investments 820 1,634 3,544
Total interest income 202,565 233,296 312,468
Deposits:      
Interest-bearing demand 569 1,023 1,409
Savings and money market 3,535 8,577 13,959
Time deposits of $100 or more 4,153 8,068 15,257
Other time deposits 7,002 13,233 24,539
Other borrowings (18) 15 7,844
Subordinated debentures 14,847 13,623 13,012
Total interest expense 30,088 44,539 76,020
Net interest income 172,477 188,757 236,448
Provision for loan losses 2,000 69,000 214,000
Net interest income after provision for loan losses 170,477 119,757 22,448
Noninterest income:      
Service charges on deposit accounts and customer service fees 36,197 39,101 42,370
Gain on loans sold and held for sale 12,931 5,176 9,516
Net gain on investment securities 1,306 5,335 8,315
Decrease in fair value of servicing rights (5,475) (7,652) (5,558)
Loan servicing fees 7,403 8,271 8,783
Other 13,844 11,963 15,066
Total noninterest income 66,206 62,194 78,492
Noninterest expense:      
Salaries and employee benefits 77,788 79,518 84,101
Occupancy, net of rental income 21,911 23,887 26,675
Furniture and equipment 11,498 11,781 13,802
Postage, printing and supplies 2,721 2,777 3,379
Information technology fees 22,446 25,804 27,745
Legal, examination and professional fees 8,890 12,215 13,818
Amortization of intangible assets 0 3,024 3,292
Advertising and business development 2,125 1,868 1,479
FDIC insurance 12,436 16,103 21,664
Write-downs and expenses on other real estate and repossessed assets 18,672 22,983 44,662
Other 26,831 30,286 58,022
Total noninterest expense 205,318 230,246 298,639
Income (loss) from continuing operations, before (benefit) provision for income taxes 31,365 (48,295) (197,699)
(Benefit) provision for income taxes (139) (10,654) 4,114
Net income (loss) from continuing operations, net of tax 31,504 (37,641) (201,813)
(Loss) income from discontinued operations, net of tax (5,523) (6,459) 3,562
Net income (loss) 25,981 (44,100) (198,251)
Less: net loss attributable to noncontrolling interest in subsidiary (297) (2,950) (6,514)
Net income (loss) attributable to First Banks, Inc. 26,278 (41,150) (191,737)
Preferred stock dividends declared and undeclared 18,886 17,908 16,980
Net income (loss) available to common stockholders $ 3,838 $ (62,524) $ (212,098)
Basic and diluted earnings (loss) per common share from continuing operations (in dollars per share) $ 395.64 $ (2,369.48) $ (9,114.61)
Basic and diluted (loss) earnings per common share from discontinued operations (in dollars per share) $ (233.42) $ (272.98) $ 150.54
Basic and diluted earnings (loss) per common share (in dollars per share) $ 162.22 $ (2,642.46) $ (8,964.07)
Weighted average shares of common stock outstanding (in shares) 23,661 23,661 23,661