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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Net income $ 3,348 $ 2,593
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 1,952 1,963
Provision for loan and lease losses 11,635 9,954
Net amortization of investment securities discounts/premiums 223 46
Stock-based compensation expense 814 152
Mortgage loans originated for sale (458) (704)
Sale of mortgage loans originated for resale 462 709
Gain on sale of mortgage loans originated for resale (4) (5)
Deferred income tax benefit 0 (3)
(Gain) loss on sales of fixed assets (8) 27
Other than temporary impairment on securities held-to-maturity 75 0
Loss on sale of other real estate owned 491 20
Gain on sales of investment securities (603) (1,219)
Decrease (increase) in accrued interest receivable 1,039 (761)
Increase (decrease) in interest payable 7 (197)
Increase in other assets (2,110) (7,268)
Decrease in other liabilities (1,703) (10,104)
Net cash provided by (used in) operating activities 15,160 (4,797)
Investing activities    
Purchase of investment securities available-for-sale (194,522) (170,278)
Proceeds from call of securities held-to-maturity 4,000 0
Proceeds from sale of investment securities available-for-sale 23,581 30,144
Proceeds from redemptions and repayment of securities available-for-sale 55,647 28,925
Proceeds from sale of other real estate owned 769 189
Net increase in loans (70,387) (59,753)
Proceeds from sale of fixed assets 45 0
Purchases of premises and equipment (771) (1,624)
Net cash used in investing activities (181,638) (172,397)
Financing activities    
Net increase in deposits 138,606 227,098
Net increase in securities sold under agreements to repurchase 5,875 4,964
Repayment from short-term borrowings and federal funds purchased (136,000) (100,000)
Proceeds from issuance of common stock 54,501 0
Redemption of preferred stock 0 (45,220)
Dividends paid on Series B preferred stock 0 (433)
Net cash provided by financing activities 62,982 86,409
Net decrease in cash and cash equivalents (103,496) (90,785)
Cash and cash equivalents, beginning of period 472,319 354,459
Cash and cash equivalents, end of period 368,823 263,674
Supplemental disclosure:    
Interest paid 5,959 7,698
Taxes paid 4,571 31
Transfers of loans to other real estate owned $ 2,909 $ 189