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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest income:      
Interest and fees on loans $ 118,015 $ 142,003 $ 182,356
Investment securities:      
Taxable 52,199 56,547 45,172
Nontaxable 246 287 481
Federal Reserve Bank and Federal Home Loan Bank stock 1,216 1,146 1,416
Short-term investments 1,134 820 1,634
Total interest income 172,810 200,803 231,059
Deposits:      
Interest-bearing demand 368 437 604
Savings and money market 2,679 3,518 8,562
Time deposits of $100 or more 2,274 4,010 7,884
Other time deposits 3,738 6,817 12,950
Other borrowings (9) (18) 15
Subordinated debentures 15,054 14,847 13,623
Total interest expense 24,104 29,611 43,638
Net interest income 148,706 171,192 187,421
Provision (benefit) for loan losses (5,000) 2,000 69,000
Net interest income after provision for loan losses 153,706 169,192 118,421
Noninterest income:      
Service charges on deposit accounts and customer service fees 34,320 36,078 38,946
Gain on loans sold and held for sale 5,041 12,931 5,176
Net gain on investment securities 36 1,306 5,335
Net gain (loss) on sale of other real estate and repossessed assets 6,005 2,626 (1,346)
Increase (decrease) in fair value of servicing rights 439 (5,475) (7,652)
Loan servicing fees 6,948 7,403 8,271
Other 12,331 11,109 13,194
Total noninterest income 65,120 65,978 61,924
Noninterest expense:      
Salaries and employee benefits 78,141 75,205 76,999
Occupancy, net of rental income 23,302 21,899 23,877
Furniture and equipment 10,951 11,409 11,667
Postage, printing and supplies 2,470 2,586 2,649
Information technology fees 21,379 22,446 25,804
Legal, examination and professional fees 7,177 8,828 12,185
Goodwill impairment 107,267 0 0
Amortization of intangible assets 0 0 3,024
Advertising and business development 2,542 1,994 1,755
FDIC insurance 6,609 11,313 14,876
Write-downs and expenses on other real estate and repossessed assets 5,676 18,672 22,983
Other 21,113 26,155 29,886
Total noninterest expense 286,627 200,507 225,705
(Loss) income from continuing operations, before benefit for income taxes (67,801) 34,663 (45,360)
Benefit for income taxes (288,501) (139) (10,654)
Net income (loss) from continuing operations, net of tax 220,700 34,802 (34,706)
Income (loss) from discontinued operations, net of tax 21,223 (8,821) (9,394)
Net income (loss) 241,923 25,981 (44,100)
Less: net income (loss) attributable to noncontrolling interest in subsidiary 179 (297) (2,950)
Net income (loss) attributable to First Banks, Inc. 241,744 26,278 (41,150)
Preferred stock dividends declared 15,869 18,886 17,908
Accretion of discount on preferred stock 3,643 3,554 3,466
Net income (loss) available to common stockholders $ 222,232 $ 3,838 $ (62,524)
Basic and diluted earnings (loss) per common share from continuing operations (in dollars per share) $ 8,495.35 $ 535.03 $ (2,245.44)
Basic and diluted (loss) earnings per common share from discontinued operations (in dollars per share) $ 896.96 $ (372.81) $ (397.02)
Basic and diluted earnings (loss) per common share (in dollars per share) $ 9,392.31 $ 162.22 $ (2,642.46)
Weighted average shares of common stock outstanding (in shares) 23,661 23,661 23,661