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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows From Operating Activities      
Net income $ 13,642 $ 9,982 $ 60,259
Reconciliation of net income to net cash provided by operating activities:      
Provision for loan losses 41,301 54,562 20,186
Net security premium amortization 1,373 1,491 1,279
Purchase accounting accretion and amortization, net (11,628) (9,963) (5,648)
Gain from acquisition (10,196)    (67,894)
Foreclosed property losses and write-downs 27,847 35,511   
Loss (gain) on securities available for sale (74) (26) 104
Other losses (gains) (143) (652) 142
Increase in net deferred loan costs (307) (599) (139)
Depreciation of premises and equipment 4,388 3,993 3,624
Stock-based compensation expense 905 640 449
Amortization of intangible assets 902 874 630
Origination of presold mortgages in process of settlement (76,095) (88,665) (93,893)
Proceeds from sales of presold mortgages in process of settlement 73,967 88,670 93,598
Decrease in accrued interest receivable 1,800 1,204 1,096
Decrease (increase) in other assets (30,096) (32,538) 2,306
Decrease in accrued interest payable (210) (972) (3,706)
Increase (decrease) in other liabilities (330) 597 2,640
Net cash provided by operating activities 37,046 64,109 15,033
Cash Flows From Investing Activities      
Purchases of securities available for sale (75,689) (99,310) (102,899)
Purchases of securities held to maturity (4,332) (22,431) (20,300)
Proceeds from sales of securities available for sale 2,518    44
Proceeds from maturities/issuer calls of securities available for sale 75,615 97,202 134,736
Proceeds from maturities/issuer calls of securities held to maturity 1,053 2,687 1,799
Net decrease in loans 11,912 40,306 105,007
Proceeds from FDIC loss share agreements 69,339 46,721 41,891
Proceeds from sales of foreclosed real estate 43,414 24,875 4,094
Purchases of premises and equipment (6,606) (17,543) (5,299)
Net cash received (paid) in acquisition 54,037 (171) 91,696
Net cash provided by investing activities 171,261 72,336 250,769
Cash Flows From Financing Activities      
Net increase (decrease) in deposits and repurchase agreements (127,253) (287,982) 153,085
Proceeds from (repayments of) borrowings, net (66,881) 20,400 (349,465)
Cash dividends paid - common stock (5,390) (5,359) (7,145)
Cash dividends paid - preferred stock (2,847) (3,250) (2,763)
Proceeds from issuance of preferred stock 63,500    65,000
Proceeds from issuance of common stock 881 840 1,505
Redemption of preferred stock (65,000)      
Repurchase of common stock (228)      
Repurchase of common stock warrants (924)      
Tax benefit from exercise of nonqualified stock options    36 73
Net cash used by financing activities (204,142) (275,315) (139,710)
Increase (decrease) in cash and cash equivalents 4,165 (138,870) 126,092
Cash and cash equivalents, beginning of period 212,002 350,872 224,780
Cash and cash equivalents, end of period 216,167 212,002 350,872
Cash paid during the period for:      
Interest 23,775 32,879 52,601
Income taxes 14,893 16,309 16,474
Non-cash transactions:      
Foreclosed loans transferred to other real estate 76,242 123,962 43,860
Unrealized gain on securities available for sale, net of taxes $ 864 $ 395 $ 951