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EARNINGS (LOSS) PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share Reconciliation
The following is a reconciliation of basic and diluted earnings (loss) per share for the years ended December 31, 2013, 2012 and 2011:
 
Years Ended December 31,
 
2013
 
2012
 
2011
 
(dollars in thousands, except share and per share data)
Basic:
 
 
 
 
 
Net income (loss) from continuing operations attributable to First Banks, Inc.
$
220,521

 
35,099

 
(31,756
)
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) from continuing operations attributable to common stockholders
201,009

 
12,659

 
(53,130
)
Net income (loss) from discontinued operations attributable to common stockholders
21,223

 
(8,821
)
 
(9,394
)
Net income (loss) available to First Banks, Inc. common stockholders
$
222,232

 
3,838

 
(62,524
)
 
 
 
 
 
 
Weighted average shares of common stock outstanding
23,661

 
23,661

 
23,661

 
 
 
 
 
 
Basic earnings (loss) per common share – continuing operations
$
8,495.35

 
535.03

 
(2,245.44
)
Basic earnings (loss) per common share – discontinued operations
$
896.96

 
(372.81
)
 
(397.02
)
Basic earnings (loss) per common share
$
9,392.31

 
162.22

 
(2,642.46
)
 
 
 
 
 
 
Diluted:
 
 
 
 
 
Net income (loss) from continuing operations attributable to common stockholders
$
201,009

 
12,659

 
(53,130
)
Net income (loss) from discontinued operations attributable to common stockholders
21,223

 
(8,821
)
 
(9,394
)
Net income (loss) available to First Banks, Inc. common stockholders
222,232

 
3,838

 
(62,524
)
Effect of dilutive securities – Class A convertible preferred stock

 

 

Diluted income (loss) available to First Banks, Inc. common stockholders
$
222,232

 
3,838

 
(62,524
)
 
 
 
 
 
 
Weighted average shares of common stock outstanding
23,661

 
23,661

 
23,661

Effect of dilutive securities – Class A convertible preferred stock

 

 

Weighted average diluted shares of common stock outstanding
23,661

 
23,661

 
23,661

 
 
 
 
 
 
Diluted earnings (loss) per common share – continuing operations
$
8,495.35

 
535.03

 
(2,245.44
)
Diluted earnings (loss) per common share – discontinued operations
$
896.96

 
(372.81
)
 
(397.02
)
Diluted earnings (loss) per common share
$
9,392.31

 
162.22

 
(2,642.46
)