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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Net cash provided by operating activities before extraordinary net gain $ 19,500 $ 46,844
Extraordinary gain on extinguishment of junior subordinated debentures, net of income taxes 0 (32,840)
Net cash provided by operating activities 19,500 14,004
Investing activities:    
Proceeds from maturities, calls, and prepayments of investment securities available-for-sale 333,769 13,360
Proceeds from maturities, calls of investment securities held-to-maturity 310 470
Purchases of investment securities available-for-sale (398,174) (30,585)
Proceeds from sale of FHLB stock 94 0
Net decrease in loans 25,803 209,041
Purchases of premises and equipment (631) (350)
Proceeds from sales of OREO 706 8,872
Net cash (used in) provided by investing activities (38,123) 200,808
Financing activities:    
Net decrease in deposits (16,321) (228,773)
Tax effect of nonvested restricted stock (83) 0
Net proceeds from issuance of common stock 0 168,074
Extinguishment of junior subordinated debentures, net 0 (13,625)
Net decrease in FHLB and other borrowings 0 (176,000)
Net cash used in financing activities (16,404) (250,324)
Net increase (decrease) in cash and cash equivalents (35,027) (35,512)
Cash and cash equivalents at beginning of period 128,439 271,264
Cash and cash equivalents at end of period 93,412 235,752
Supplemental disclosures of cash flow information:    
Interest paid 4,057 15,290
Loans transferred to OREO $ 1,267 $ 9,186