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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flow From Operating Activities:      
Net income $ 45,122 $ 25,252 $ 6,909
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 18,534 22,630 46,483
Depreciation and amortization 4,472 5,158 5,702
Change in deferred taxes 15,890 8,256 (1,810)
Share-based compensation 1,492 1,315 1,750
Tax expense (benefit) from stock options exercised     50
Mortgage loans originated for sale (393,565) (297,031) (254,712)
Proceeds from sales of mortgage loans 389,129 300,636 241,279
Gain on acquisition (9,124)    
Gains on sales of securities available for sale (2,389) (2,439) (3,406)
Recognized loss on other-than-temporary-impairment   400 1,544
Change in interest receivable 1,884 951 2,144
Change in interest payable (1,451) (1,337) (1,449)
Other adjustments 275 21,693 36,567
Net cash provided by operating activities 70,269 85,484 81,051
Cash Flows from Investing Activities:      
Net change in interest-bearing deposits 14,408 12,365 8,809
Purchases of:      
Securities available for sale (139,555) (200,688) (311,465)
Securities held to maturity (4,262) (82,700) (180,311)
Proceeds from sales of securities available for sale 52,350 75,930 117,804
Proceeds from maturities of:      
Securities available for sale 112,141 60,459 65,688
Securities held to maturity 68,118 45,595 40,825
Change in Federal Reserve and Federal Home Loan Bank stock 246 2,614 4,692
Purchase of bank owned life insurance   (25,000)  
Net change in loans (123,036) 61,363 345,518
Net cash received from acquisition 29,113    
Proceeds from the sale of other real estate owned 4,428 13,612 20,641
Other adjustments (2,065) 8,287 (2,348)
Net cash provided by (used in) investing activities 11,886 (28,163) 109,853
Net change in :      
Demand and savings deposits 228,725 68,803 84,993
Certificates of deposit and other time deposits (142,906) (203,028) (352,649)
Borrowings 138,127 306,535 2,382
Repayment of borrowings (271,005) (252,509) (65,247)
Dividends on common stock (2,903) (1,067) (989)
Dividends on preferred stock (4,539) (3,662) (4,931)
Stock issued in private equity placement   21,165 24,150
Stock issued under employee benefit plans 449 669 582
Stock issued under dividend reinvestment and stock purchase plans 202 89 91
Stock options exercised 78    
Cumulative preferred stock issued (SBLF)   90,783  
Cumulative preferred stock redeemed (CPP)   (69,600)  
Repurchase of stock warrant (CPP)   (368)  
Tax (expense) benefit from stock options exercised     (50)
Stock redeemed (235) (126) (76)
Net cash used in financing activities (54,007) (42,316) (311,744)
Net Change in Cash and Cash Equivalents 28,148 15,005 (120,840)
Cash and Cash Equivalents, January 1 73,312 58,307 179,147
Cash and Cash Equivalents, December 31 101,460 73,312 58,307
Additional cash flows information:      
Interest paid 24,697 39,227 57,458
Income tax paid (refunded) 11,738 (2,977) (17,674)
Exchange of preferred stock for trust preferred debt     46,400
Loans transferred to other real estate owned 4,441 14,188 32,950
Non-cash investing activities using trade date accounting 1,518    
Liabilities assumed, net of cash $ 166,112