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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 23,500 $ 21,051
Interest-bearing bank balances 137,291 139,543
Investment securities:    
Available-for-sale, at estimated fair value (amortized cost of $376,942 in 2011 and $306,193 in 2010) 380,679 305,331
Loans held for sale 9,450  
Loans held for investment 1,018,274 1,303,975
Less: Allowance for loan losses (59,366) (93,687)
Net loans held for investment 958,908 1,210,288
Premises and equipment, net 43,422 44,929
Other real estate owned 101,384 62,058
Core deposit premiums 3,776 4,173
Bank-owned life insurance 32,511 31,968
Other assets 30,723 43,939
Assets from discontinued operations 594 39,089
Total Assets 1,722,238 1,902,369
Liabilities    
Noninterest-bearing demand deposits 156,059 148,933
Interest-bearing deposits:    
Demand, savings and money market deposits 557,080 585,815
Time deposits of $100,000 or more 492,653 544,732
Other time deposits 399,162 416,910
Total deposits 1,604,954 1,696,390
Retail repurchase agreements 10,056 9,628
Federal Home Loan Bank advances 144,456 144,485
Subordinated debt 2,500 7,500
Junior subordinated debentures 56,702 56,702
Other liabilities 16,086 14,600
Liabilities from discontinued operations 1,202 1,901
Total Liabilities 1,835,956 1,931,206
Shareholders' Equity    
Preferred stock 12,500 7,500
Common stock warrant 3,891 3,891
Common stock, $2.50 par value; authorized 50,000,000 shares, issued 11,424,390 shares in 2011 and 2010 28,561 28,561
Surplus 115,085 115,073
Accumulated deficit (322,154) (229,095)
Accumulated other comprehensive loss (903) (3,691)
Total Shareholders' (Deficit) (113,718) (28,837)
Total Liabilities and Shareholders' (Deficit) 1,722,238 1,902,369
Preferred Stock Series A [Member]
   
Shareholders' Equity    
Preferred stock $ 49,302 $ 48,924