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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks, noninterest-bearing $ 80,341 $ 56,821
Due from banks, interest-bearing 135,218 154,320
Federal funds sold 608 861
Total cash and cash equivalents 216,167 212,002
Securities available for sale 182,626 181,182
Securities held to maturity (fair values of $62,754 in 2011 and $53,312 in 2010) 57,988 54,018
Presold mortgages in process of settlement 6,090 3,962
Loans - non-covered 2,069,152 2,083,004
Loans - covered by FDIC loss share agreement 361,234 371,128
Total loans 2,430,386 2,454,132
Allowance for loan losses - non-covered (35,610) (38,275)
Allowance for loan losses - covered (5,808) (11,155)
Total allowance for loan losses (41,418) (49,430)
Net loans 2,388,968 2,404,702
Premises and equipment 69,975 67,741
Accrued interest receivable 11,779 13,579
FDIC indemnification asset 121,677 123,719
Goodwill 65,835 65,835
Other intangible assets 3,897 4,523
Other real estate owned - non-covered 37,023 21,081
Other real estate owned - covered 85,272 94,891
Other 43,177 31,697
Total assets 3,290,474 3,278,932
LIABILITIES    
Deposits: Demand - noninterest-bearing 335,833 292,759
NOW accounts 423,452 292,623
Money market accounts 513,832 500,360
Savings accounts 146,481 153,325
Time deposits of $100,000 or more 753,233 762,990
Other time deposits 582,206 650,456
Total deposits 2,755,037 2,652,513
Securities sold under agreements to repurchase 17,105 54,460
Borrowings 133,925 196,870
Accrued interest payable 1,872 2,082
Other liabilities 37,385 28,404
Total liabilities 2,945,324 2,934,329
Commitments and contingencies (see Note 13)      
SHAREHOLDERS' EQUITY    
Preferred stock, no par value per share. Authorized: 5,000,000 shares. Issued & outstanding: 63,500 in 2011 and 65,000 in 2010 63,500 65,000
Discount on preferred stock    (2,932)
Common stock, no par value per share. Authorized: 40,000,000 shares. Issued & outstanding: 16,909,820 shares in 2011 and 16,801,426 shares in 2010 104,841 104,207
Retained earnings 185,491 183,413
Accumulated other comprehensive income (loss) (8,682) (5,085)
Total shareholders' equity 345,150 344,603
Total liabilities and shareholders' equity $ 3,290,474 $ 3,278,932