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PARENT COMPANY FINANCIAL INFORMATION (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Assets      
Money market funds on deposit, principally with subsidiary banks $ 270,265 $ 315,205  
Cash and cash equivalents 326,847 352,367 384,525
Investment securities 18,442 17,620  
Loans, net 1,143,212 1,429,412  
Equipment, software and furniture, net 20,829 23,920  
Other assets 13,464 14,249  
TOTAL ASSETS 1,618,252 2,205,265  
Liabilities:      
Debt obligations 8,428 199,601  
Subordinated debentures 0 149,156  
Liabilities Subject to Compromise 200,293 0  
Total liabilities 1,762,368 2,313,912  
Stockholders' equity deficit (133,869) (108,084)  
TOTAL LIABILITIES AND EQUITY 1,618,252 2,205,265  
Income:      
Intercompany fees 2,958 3,246 4,200
Interest 77,626 94,720 118,597
Gain (loss) on sales of bank subsidiaries 143 5,495 15,784
Gain from extinguishment of debt 0 16,861 1,255
Other 10,410 15,612 11,343
Expenses:      
Interest 19,749 34,222 53,969
Salaries and employee benefits 41,338 46,764 55,095
Occupancy 9,524 9,522 11,612
Equipment rent and depreciation 5,465 7,198 8,368
Goodwill impairment 0 0 55,808
Other 18,377 20,599 24,908
Loss before income tax benefit (27,597) (56,304) (263,716)
Reorganization items 2,956 0 0
Loss from continuing operations (27,445) (52,971) (256,608)
Income taxes (credit) (152) (3,333) (7,108)
NET LOSS (27,425) (51,926) (254,364)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax 2 (86) 219
Comprehensive loss (25,472) (45,513) (224,996)
OPERATING ACTIVITIES      
NET LOSS (27,425) (51,926) (254,364)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:      
Reorganization items 2,956 0 0
Loss on sales of other real estate owned 718 510 125
Goodwill impairment 0 0 55,808
Loss on sales of premises and equipment 60 69 393
Gain on sales of bank subsidiaries (143) (5,495) (15,784)
Gain on debt extinguishment 0 (16,861) (1,255)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (1,177) 18,572 60,178
INVESTING ACTIVITIES      
Net cash investments in subsidiaries 0 0 18,949
Proceeds from sale of investment securities 17,468 11,379 22,175
Purchases of investment securities (11,620) (21,050) (34,678)
Net decrease in loans 238,430 274,896 208,376
Proceeds from Sale of Other Real Estate 49,998 32,386 45,145
Proceeds from sales of equipment and furniture 62 441 416
Purchases of equipment and furniture (1,816) (1,068) (4,038)
Proceeds from sales of bank subsidiaries 9,700 47,308 76,101
NET CASH PROVIDED BY INVESTING ACTIVITIES 309,626 377,179 389,619
FINANCING ACTIVITIES      
Net payments on debt obligations (2,376) (512) (1,372)
Net proceeds from issuance of common stock 1 0 6,870
Tax benefit (effect) from share-based payments (29) (256) (293)
NET CASH USED BY FINANCING ACTIVITIES (329,778) (395,613) (495,384)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (21,329) 138 (45,587)
Cash and cash equivalents at beginning of year 352,367 384,525 468,925
CASH AND CASH EQUIVALENTS AT END OF YEAR 326,847 352,367 384,525
Parent Company [Member]
     
Assets      
Cash on deposit, principally with subsidiary banks 207 1,411  
Money market funds on deposit, principally with subsidiary banks 1,427 3,234  
Cash and cash equivalents 1,634 4,645 7,905
Investment securities 123 82  
Loans, net 255 269  
Investments in and advances to subsidiaries 96,644 111,583  
Investment in and advances to Amera Mortgage Corporation 432 434  
Investment in and advances to CDBL III 1,712 1,896  
Equipment, software and furniture, net 1,412 1,717  
Other assets 2,804 3,053  
TOTAL ASSETS 105,016 123,679  
Liabilities:      
Accounts payable, accrued expenses and other liabilities 6,397 38,290  
Debt obligations 609 12,731  
Subordinated debentures   180,742  
Liabilities Subject to Compromise 231,879    
Total liabilities 238,885 231,763  
Stockholders' equity deficit (133,869) (108,084)  
TOTAL LIABILITIES AND EQUITY 105,016 123,679  
Income:      
Intercompany fees 8,359 11,120 22,057
Dividends from subsidiaries   11,000 5,000
Interest 791 2,561 996
Gain (loss) on sales of bank subsidiaries 19 (1,949) 12,749
Gain from extinguishment of debt   16,861 1,255
Other 5,404 6,219 (704)
Total income 14,573 45,812 41,353
Expenses:      
Interest 6,160 6,450 15,427
Salaries and employee benefits 7,314 8,087 14,771
Occupancy 1,125 1,254 2,264
Equipment rent and depreciation 289 407 3,205
Goodwill impairment     38,718
Other 5,548 6,373 9,236
Total expenses 20,436 22,571 83,621
Loss before income tax benefit (5,863) 23,241 (42,268)
Equity in net losses of consolidated subsidiaries (16,832) (69,464) (189,553)
Reorganization items 2,956    
Loss from continuing operations (25,651) (46,223) (231,821)
Income taxes (credit) (177) (796) (6,606)
NET LOSS (25,474) (45,427) (225,215)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax 2 (86) 219
Comprehensive loss (25,472) (45,513) (224,996)
OPERATING ACTIVITIES      
NET LOSS (25,474) (45,427) (225,215)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:      
Equity in net losses of consolidated subsidiaries 16,832 69,464 189,553
Depreciation and amortization of intangibles 390 450 1,690
Reorganization items 2,956    
Loss on sales of other real estate owned 1,316    
Goodwill impairment     38,718
Loss on sales of premises and equipment   2 4
Gain on sales of bank subsidiaries (19) 1,949 (12,749)
Gain on debt extinguishment   (16,861) (1,255)
Realized loss on sale of investment securities     362
Decrease (increase) in amounts due from subsidiaries and other assets 2,725 (2,366) 9,367
Increase in accounts payable, accrued expenses and other liabilities 5,007 6,433 8,784
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 3,733 13,644 9,259
INVESTING ACTIVITIES      
Net cash investments in subsidiaries (10,545) (48,262) (79,084)
Proceeds from sale of investment securities   507 2,102
Purchases of investment securities     (100)
Net decrease in loans 14 4,735 4,927
Proceeds from Sale of Other Real Estate 802    
Proceeds from sales of equipment and furniture   4 3,707
Purchases of equipment and furniture (85) (175) (240)
Proceeds from sales of bank subsidiaries 3,099 26,543 58,796
NET CASH PROVIDED BY INVESTING ACTIVITIES (6,715) (16,648) (9,892)
FINANCING ACTIVITIES      
Net payments on debt obligations     (1,000)
Net proceeds from issuance of common stock     6,870
Tax benefit (effect) from share-based payments (29) (256) (293)
NET CASH USED BY FINANCING ACTIVITIES (29) (256) 5,577
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (3,011) (3,260) 4,944
Cash and cash equivalents at beginning of year 4,645 7,905 2,961
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 1,634 $ 4,645 $ 7,905