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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
INTEREST INCOME:    
Loans receivable $ 41,489 $ 44,352
Mortgage-backed securities 1,172 927
Securities and cash equivalents 1,847 2,283
Total Interest Income 44,508 47,562
INTEREST EXPENSE:    
Deposits 2,719 4,448
FHLB advances 24 63
Other borrowings 56 549
Junior subordinated debentures 741 1,012
Total Interest Expense 3,540 6,072
Net interest income before provision for loan losses 40,968 41,490
PROVISION FOR LOAN LOSSES 0 5,000
Net interest income 40,968 36,490
OTHER OPERATING INCOME:    
Deposit fees and other service charges 6,301 5,869
Mortgage banking operations 2,838 2,475
Miscellaneous 790 578
Other operating income (loss) 9,929 8,922
Gain on sale of securities 1,006 0
Other-than-temporary impairment recovery 409 0
Net change in valuation of financial instruments carried at fair value (1,347) 1,685
Total other operating income 9,997 10,607
OTHER OPERATING EXPENSES:    
Salary and employee benefits 20,729 19,510
Less capitalized loan origination costs (2,871) (2,250)
Occupancy and equipment 5,329 5,477
Information/computer data services 1,720 1,515
Payment and card processing expenses 2,305 1,890
Professional services 905 1,344
Advertising and marketing 1,499 2,066
Deposit insurance 645 1,363
State/municipal business and use taxes 464 568
REO operations (251) 2,598
Amortization of core deposit intangibles 505 552
Miscellaneous 3,120 3,280
Total other operating expenses 34,099 37,913
Income before provision for income taxes 16,866 9,184
PROVISION FOR INCOME TAXES 5,284 0
NET INCOME 11,582 9,184
PREFERRED STOCK DIVIDEND, DISCOUNT ACCRETION AND GAINS    
Preferred stock dividend 0 1,550
Preferred stock discount accretion 0 454
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 11,582 $ 7,180
Earnings per common share:    
Basic (in dollars per share) $ 0.60 $ 0.40
Diluted (in dollars per share) $ 0.60 $ 0.40
Cumulative dividends declared per common share (in dollars per share) $ 0.12 $ 0.01