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Condensed Consolidated Statements of Income (Loss) (Unaudited) (USD $)
In Thousands, except Share data
0 Months Ended2 Months Ended3 Months Ended8 Months Ended9 Months Ended
Sep. 30, 2011
Successor [Member]
Sep. 07, 2011
Predecessor [Member]
Sep. 30, 2010
Predecessor [Member]
Sep. 07, 2011
Predecessor [Member]
Sep. 30, 2010
Predecessor [Member]
Interest income:     
Interest and fees on loans $ 16,854$ 27,744$ 65,258$ 87,178
Taxable securities 1,2021,1814,2903,860
Nontaxable securities 204304790922
FHLB and other stock 102136374408
Federal funds sold and other 11890468283
Total interest income 18,48029,45571,18092,651
Interest expense     
Deposits 2,8736,44412,76422,131
Federal funds purchased and repurchase agreements 361117
FHLB advances and notes payable 1,2001,7264,3145,132
Subordinated debentures2363465321,3151,492
Total interest expense2364,4228,70818,40428,772
Net interest income (expense)(236)14,05820,74752,77663,879
Provision for loan losses 15,51336,82343,74245,461
Net interest income (expense) after provision for loan losses(236)(1,455)(16,076)9,03418,418
Non-interest income     
Service charges on deposit accounts 4,1376,65116,34619,283
Other charges and fees 3484171,1471,156
Trust and investment services income 4461,0211,4572,360
Mortgage banking income 72212271453
Equity Method Income in Capital Bank NA1,134   0
Other income46137282,2582,234
Securities gains (losses), net     
Realized gains (losses), net 6,324 6,324 
Other-than-temporary impairment    (553)
Less non-credit portion recognized in other comprehensive income    460
Total securities gains (losses), net   (6,324)93
Total non-interest income1,13811,9409,02927,80325,486
Non-interest expense     
Employee compensation 6,1058,26621,56023,903
Employee benefits 6028162,4582,609
Occupancy expense 1,8031,7925,3085,175
Equipment expense 6617422,1762,118
Computer hardware/software expense 6539162,5082,626
Professional services611,1897413,0991,924
Advertising 4486571,5332,061
OREO maintenance expense 6277122,9761,711
Collection and repossession expense 4085081,7272,329
Loss on OREO and repossessed assets 13,6726,53820,1017,973
FDIC Insurance 2601,0992,6293,159
Core deposit and other intangibles amortization 4676461,7161,937
Other expenses342,6903,5769,59111,304
Total non-interest expenses9529,58527,00977,38268,829
Income (loss) before income taxes807(19,100)(34,056)(40,545)(24,925)
Income taxes expense (benefit)(123)9741,0989744,222
Net income (loss)930(20,074)(35,154)(41,519)(29,147)
Preferred stock dividends and accretion of discount on warrants 9091,2513,4093,751
Gain on retirement of Series A preferred allocated to common shareholders 11,188 11,188 
Net income (loss) available to common shareholders$ 930$ (9,795)$ (36,405)$ (33,740)$ (32,898)
Per share of common stock:     
Basic earnings (loss)$ 0.01$ (0.75)$ (2.78)$ (2.57)$ (2.51)
Diluted earnings (loss)$ 0.01$ (0.75)$ (2.78)$ (2.57)$ (2.51)
Dividends$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Weighted average shares outstanding:     
Basic133,083,70513,145,74413,097,61113,125,52113,092,579
Diluted133,174,370[1]13,145,744[1]13,097,611[1]13,125,521[1]13,092,579[1]
[1]Diluted weighted average shares outstanding for the period from July 1, 2011 to September 7, 2011, January 1, 2011 to September 7, 2011 and three and nine months ended September 30, 2010 excludes 119,150, 94,930, 93,791 and 93,082 shares, respectively, because they are anti-dilutive.