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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
OPERATING ACTIVITIES      
Net loss $ (27,425) $ (51,926) $ (254,364)
Adjustments to reconcile net loss to net cash provided by operating activities (including discontinued operations):      
Provision for loan losses 2,259 43,876 164,352
Depreciation of premises and equipment 3,944 5,454 7,933
Reorganization items 2,956 0 0
Amortization and write-down of intangibles 0 0 219
Goodwill impairment 0 0 64,505
Net amortization of investment security premiums (discounts) 136 215 298
Loss on sales of premises and equipment 60 69 393
Gain on sales of government-guaranteed loans (555) (2,392) (2,504)
Gain on sales of bank subsidiaries (143) (5,495) (15,784)
Gain on debt extinguishment 0 (16,861) (1,255)
Realized loss on sales of investment securities available for sale 1 10 351
Gain on sales of other real estate owned (718) (510) (125)
Write-down of other real estate owned 11,695 20,773 30,352
Amortization of issuance costs of subordinated debentures 59 101 145
Share-based compensation expense (benefit) (15) 131 (389)
Deferred income tax credit (226) (1,892) (2,123)
Originations and purchases of loans held for sale (22,373) (44,439) (116,829)
Proceeds from sales of loans held for sale 24,974 48,544 119,924
Decrease in accrued interest income and other assets 3,275 14,115 55,742
Increase (decrease) in accrued interest expense on deposits and other liabilities 919 8,799 9,337
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (1,177) 18,572 60,178
INVESTING ACTIVITIES      
Cash equivalents of acquired bank affiliate 0 0 18,949
Proceeds from sales of investment securities available for sale 0 497 25,964
Proceeds from calls, prepayments and maturities of investment securities 17,468 11,379 22,175
Purchases of investment securities (11,620) (21,050) (34,678)
Purchase of Federal Home Loan Bank stock (31) (820) (1,527)
Redemption of Federal Home Loan Bank stock by issuer 2,379 2,586 2,563
Net decrease in portfolio loans 238,430 274,896 208,376
Proceeds from sales of government-guaranteed loans 4,984 30,356 27,981
Proceeds from sales of premises and equipment 62 441 416
Purchases of premises and equipment (1,816) (1,068) (4,038)
Proceeds from sales of bank subsidiaries 9,700 47,308 76,101
Payments received on other real estate owned 72 268 2,192
Proceeds from sales of other real estate owned 49,998 32,386 45,145
NET CASH PROVIDED BY INVESTING ACTIVITIES 309,626 377,179 389,619
FINANCING ACTIVITIES      
Net increase in demand deposits, NOW accounts and savings accounts 101,865 204,838 333,177
Net decrease in certificates of deposit (396,222) (553,127) (718,579)
Net payments on debt obligations (2,376) (512) (1,372)
Proceeds from Federal Home Loan Bank borrowings 59,511 217,850 613,230
Payments on Federal Home Loan Bank borrowings (92,528) (273,406) (728,417)
Resources provided by noncontrolling interests 0 9,000 0
Net proceeds from issuance of common stock 1 0 6,870
Tax effect of 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)
Change in cash and cash equivalents of discontinued operations (4,191) (32,296) (38,813)
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
Supplemental disclosures:      
Cash paid during the year for interest 21,441 40,738 74,288
Transfers of loans to other real estate owned 44,383 49,685 73,156
Surrender of common stock to facilitate exercise of stock options and vesting of restricted stock $ 0 $ 12 $ 13