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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net loss $ (4,596) $ (10,859)
Net loss from discontinued operations 0 (27)
Net loss from continuing operations (4,596) (10,832)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization of premises and equipment 728 981
Provision for loan losses 110 3,067
Deferred income taxes/(benefit) 1,853 (77)
Deferred loan fees and costs, net 367 (2,270)
Premium amortization and discount accretion of investment securities, net 1,386 666
Net (gain) loss on sale of investment securities (2,377) 46
Amortization of core deposit premiums 352 352
Net accretion of purchase accounting adjustments (4,419) (2,592)
Adjustment to goodwill 0 (300)
Stock compensation expense 102 1
Increase in cash surrender value of bank-owned life insurance, net (276) (327)
Origination of loans held for sale (30,954) 0
Net proceeds from sale of loans held for sale 33,507 0
Net loss/(gain) on sale of loans held for sale (591) 0
Mortgage servicing rights capitalized (348) 0
Mortgage servicing rights amortization and impairment 46 0
Net loss on sales and write-downs of other real estate owned 219 3,877
Changes in assets and liabilities:    
Decrease (increase) in accrued interest receivable and other assets 994 (532)
Increase in accrued interest payable and other liabilities 2,775 511
Net cash used in operating activities of continuing operations (1,122) (7,429)
Net effect of discontinued operations 0 (873)
Net cash used in operating activities (1,122) (8,302)
Investing Activities    
Proceeds from sales, available-for-sale securities 148,306 10,760
Proceeds from maturities, calls and principal repayments, available-for-sale securities 20,971 21,021
Purchases, available-for-sale securities (103,093) (73,010)
Purchases, held-to-maturity securities (73,524) 0
Net (increase)/decrease in loans held for investment 65,979 (35,603)
Proceeds from sales of other real estate owned 17,614 10,874
Purchases of premises and equipment (505) (558)
Proceeds from sales of premises and equipment 37 0
Expenses paid in 2012 related to 2011 capital raise 0 (913)
Net cash (used in) provided by investing activities 75,785 (67,429)
Financing Activities    
Net decrease in deposits (50,595) (8,626)
Increase in retail repurchase agreements (1,374) (500)
Decrease in Federal Home Loan Bank advances (11) (10)
Net cash used in financing activities of continuing operations (51,980) (9,136)
Net effect of discontinued operations 0 0
Net cash used in financing activities (51,980) (9,136)
Net (Decrease) Increase in Cash and Cash Equivalents 22,683 (84,867)
Cash and Cash Equivalents at Beginning of Period 239,610 553,416
Cash and Cash Equivalents at End of Period 262,293 468,549
Cash paid during the period for:    
Interest 2,754 5,099
Noncash transactions:    
Foreclosed loans transferred to other real estate owned 3,969 8,935
Loans to facilitate the sale of other real estate owned 2,625 0
Transfer of loans from held for investment to held for sale 0 600
Unrealized securities gains/(losses), net of income taxes (4,423) 730
Employee benefit plan costs, net of income taxes $ (154) $ 0