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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities    
Net income $ 10,101 $ 8,379
Reconciliation of net income to net cash provided by operating activities:    
Provision for loan losses 22,277 15,626
Net security premium amortization 748 765
Purchase accounting accretion and amortization, net (6,565) (5,192)
Gain from acquisition (10,196) 0
Foreclosed property losses and write-downs 9,141 5,546
Gain on securities available for sale (74) (24)
Other losses 17 30
Increase in net deferred loan costs (323) (317)
Depreciation of premises and equipment 2,182 1,974
Stock-based compensation expense 483 441
Amortization of intangible assets 450 435
Origination of presold mortgages in process of settlement (35,532) (38,379)
Proceeds from sales of presold mortgages in process of settlement 37,028 39,223
Decrease in accrued interest receivable 1,579 1,808
Increase in other assets (6,866) (10,836)
Increase (decrease) in accrued interest payable 126 (389)
Increase (decrease) in other liabilities (5,238) 9,270
Net cash provided by operating activities 19,338 28,360
Cash Flows From Investing Activities    
Purchases of securities available for sale (23,721) (33,282)
Purchases of securities held to maturity (3,816) (15,173)
Proceeds from maturities/issuer calls of securities available for sale 34,829 51,079
Proceeds from maturities/issuer calls of securities held to maturity 1,053 2,235
Proceeds from sales of securities available for sale 2,518 0
Net decrease in loans 45,905 42,703
Proceeds from FDIC loss share agreements 32,468 21,192
Proceeds from sales of foreclosed real estate 16,425 10,030
Purchases of premises and equipment (3,323) (1,809)
Net cash received (paid) in acquisition 54,037 (170)
Net cash provided by investing activities 156,375 76,805
Cash Flows From Financing Activities    
Net decrease in deposits and repurchase agreements (83,523) (138,597)
Repayments of borrowings, net (62,081) (100,000)
Cash dividends paid - common stock (2,690) (2,674)
Cash dividends paid - preferred stock (1,625) (1,625)
Proceeds from issuance of common stock 451 397
Tax benefit from exercise of nonqualified stock options 0 36
Net cash used by financing activities (149,468) (242,463)
Increase (decrease) in cash and cash equivalents 26,245 (137,298)
Cash and cash equivalents, beginning of period 212,002 350,872
Cash and cash equivalents, end of period 238,247 213,574
Cash paid during the period for:    
Interest 12,438 17,703
Income taxes 11,710 7,569
Non-cash transactions:    
Unrealized gain on securities available for sale, net of taxes 801 1,257
Foreclosed loans transferred to other real estate $ 42,984 $ 52,151