|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2014
|
Dec. 31, 2013
|
| ASSETS |
|
|
| Cash and due from banks (interest-bearing 2014 $243,769; 2013 $118,228) |
$ 339,438 |
$ 231,603 |
| Securities available for sale, at fair value |
759,065 |
841,310 |
| Securities held to maturity, at amortized cost |
2,373 |
834 |
| Loans held for sale |
10,400 |
13,840 |
| Loans (net of allowance for loan losses 2014 $47,453; 2013 $47,567) |
2,357,837 |
2,233,893 |
| Premises and equipment |
63,974 |
65,827 |
| Goodwill |
20,686 |
20,686 |
| Other intangible assets |
6,687 |
9,571 |
| Cash surrender value of bank owned life insurance |
41,470 |
40,674 |
| Other real estate owned (OREO) |
216 |
2,133 |
| Deferred tax assets, net |
22,173 |
35,642 |
| Other assets |
41,288 |
43,562 |
| Total assets |
3,665,607 |
3,539,575 |
| Deposits: |
|
|
| Noninterest-bearing |
666,607 |
547,531 |
| Interest-bearing |
2,234,241 |
2,321,607 |
| Total deposits |
2,900,848 |
2,869,138 |
| Securities sold under agreements to repurchase |
198,893 |
172,348 |
| Long-term debt |
50,000 |
|
| Junior subordinated debt owed to unconsolidated trusts |
55,000 |
55,000 |
| Other liabilities |
27,227 |
27,725 |
| Total liabilities |
3,231,968 |
3,124,211 |
| Commitments and contingencies (see Note 18 - Commitments, Contingencies and Credit Risk) |
|
|
| Stockholders' Equity |
|
|
| Series C Preferred stock, $.001 par value, 72,664 shares authorized, issued and outstanding, $1,000.00 liquidation value |
72,664 |
72,664 |
| Common stock, $.001 par value, authorized 200,000,000 shares; issued 88,287,132 shares |
88 |
88 |
| Surplus |
593,687 |
593,144 |
| Retained earnings (deficit) |
(210,384) |
(225,722) |
| Accumulated other comprehensive income |
5,817 |
4,456 |
| Total stockholders' equity before treasury stock |
461,872 |
444,630 |
| Common stock shares held in treasury at cost - 2014 1,426,323; 2013 1,482,777 |
(28,233) |
(29,266) |
| Total stockholders' equity |
433,639 |
415,364 |
| Total liabilities and stockholders' equity |
$ 3,665,607 |
$ 3,539,575 |