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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and non-interest bearing balances due from banks $ 43,604 $ 33,717
Interest bearing balances due from banks 498,323 418,343
Cash and cash equivalents 541,927 452,060
Investment securities 585,218 613,662
Mortgage loans held for sale 9,983 17,237
Assets held in trading accounts 7,356 7,577
Loans 1,633,660 1,683,464
Allowance for loan losses (27,796) (26,416)
Net loans 1,605,864 1,657,048
Loans, net of discount 192,899 231,600
Other real estate owned, net of discount 13,033 8,717
FDIC loss share receivable 54,437 60,235
Premises and equipment 82,145 77,199
Foreclosed assets held for sale, net 22,441 23,204
Interest receivable 15,203 17,363
Bank owned life insurance 49,914 49,072
Goodwill 60,605 60,605
Core deposit premiums 2,015 2,463
Other assets 20,169 38,390
Total assets 3,263,209 3,316,432
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Non-interest bearing transaction accounts 476,274 428,750
Interest bearing transaction accounts and savings deposits 1,228,910 1,220,133
Time deposits 901,996 959,886
Total deposits 2,607,180 2,608,769
Federal funds purchased and securities sold under agreements to repurchase 93,560 109,139
Short-term debt 628 1,033
Long-term debt 123,673 164,324
Accrued interest and other liabilities 34,308 35,796
Total liabilities 2,859,349 2,919,061
Preferred stock, $0.01 par value; 40,040,000 shares authorized and unissued at June 30, 2011 and December 31, 2010 0 0
Common stock, Class A, $0.01 par value; 60,000,000 shares authorized; 17,348,775 and 17,271,594 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 173 173
Surplus 115,126 114,040
Undivided profits 287,870 282,646
Unrealized appreciation on available-for-sale securities, net of income taxes of $446 at June 30, 2011 and $331 at December 31, 2010 691 512
Total stockholders’ equity 403,860 397,371
Total liabilities and stockholders’ equity $ 3,263,209 $ 3,316,432