$BUSE
FIRST BUSEY CORP /NV/ Stock $buse

$buse Overview Financials Valuation SEC Filings Company Website

2011 Q4 Form 10-Q Financial Statement

#000110465911061184 Filed on November 04, 2011

Income Statement

Concept	2011 Q4	2011 Q3	2010 Q3
Revenue	$31.23M	$32.81M	$38.47M
YoY Change		-14.7%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development		$2.145M	$2.008M
YoY Change		6.82%
% of Gross Profit
Depreciation & Amortization	$2.300M	$2.200M	$2.600M
YoY Change	-8.0%	-15.38%	-7.14%
% of Gross Profit
Operating Expenses		$2.145M	$2.008M
YoY Change		6.82%
Operating Profit
YoY Change
Interest Expense	$4.751M	$5.084M	$8.832M
YoY Change		-42.44%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$8.499M	$11.72M	$7.943M
YoY Change	-22.74%	47.56%	-102.39%
Income Tax	$2.753M	$4.151M	$1.921M
% Of Pretax Income	32.39%	35.42%	24.18%
Net Earnings	$5.746M	$7.570M	$6.022M
YoY Change	-21.29%	25.71%	-102.13%
Net Earnings / Revenue	18.4%	23.07%	15.65%
Basic Earnings Per Share	$0.05	$0.08	$0.07
Diluted Earnings Per Share	$0.05	$0.08	$0.07
COMMON SHARES
Basic Shares Outstanding	86.60M shares	86.60M shares
Diluted Shares Outstanding		86.61M shares

Balance Sheet

Concept	2011 Q4	2011 Q3	2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$315.1M	$289.1M	$222.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$69.40M	$70.18M	$74.00M
YoY Change	-5.22%	-5.16%	-7.5%
Goodwill	$20.69M	$20.69M
YoY Change	0.0%
Intangibles	$16.02M	$16.90M
YoY Change	-18.09%
Long-Term Investments
YoY Change
Other Assets	$48.00M	$50.00M	$58.00M
YoY Change	-25.0%	-13.79%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$3.402B	$3.393B	$3.533B
YoY Change	-5.63%	-3.97%	-11.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$128.0M	$130.0M	$134.0M
YoY Change	-7.91%	-2.99%	-15.72%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$128.0M	$130.0M	$134.0M
YoY Change	-7.91%	-2.99%	-15.72%
LONG-TERM LIABILITIES
Long-Term Debt	$74.00M	$75.00M	$108.0M
YoY Change	-24.49%	-30.56%	-38.29%
Other Long-Term Liabilities	$27.00M	$24.00M	$30.00M
YoY Change	-12.9%	-20.0%	-11.76%
Total Long-Term Liabilities	$101.0M	$99.00M	$138.0M
YoY Change	-21.71%	-28.26%	-33.97%
TOTAL LIABILITIES
Total Short-Term Liabilities	$128.0M	$130.0M	$134.0M
Total Long-Term Liabilities	$101.0M	$99.00M	$138.0M
Total Liabilities	$2.993B	$2.985B	$3.197B
YoY Change	-6.02%	-6.62%	-12.43%
SHAREHOLDERS EQUITY
Retained Earnings	-$238.1M	-$239.4M
YoY Change	-4.54%
Common Stock	$88.00K	$88.00K
YoY Change	8.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$32.12M	$32.18M
YoY Change	-0.21%
Treasury Stock Shares	1.647M shares	1.651M shares
Shareholders Equity	$409.3M	$407.5M	$337.0M
YoY Change
Total Liabilities & Shareholders Equity	$3.402B	$3.393B	$3.533B
YoY Change	-5.63%	-3.97%	-11.1%

Cashflow Statement

Concept	2011 Q4	2011 Q3	2010 Q3
OPERATING ACTIVITIES
Net Income	$5.746M	$7.570M	$6.022M
YoY Change	-21.29%	25.71%	-102.13%
Depreciation, Depletion And Amortization	$2.300M	$2.200M	$2.600M
YoY Change	-8.0%	-15.38%	-7.14%
Cash From Operating Activities	$43.50M	$4.900M	$6.400M
YoY Change	-13.35%	-23.44%	-79.75%
INVESTING ACTIVITIES
Capital Expenditures	-$600.0K	-$400.0K	-$700.0K
YoY Change	100.0%	-42.86%	-50.0%
Acquisitions
YoY Change
Other Investing Activities	-$18.00M	$13.90M	$108.3M
YoY Change	-122.87%	-87.17%	35.71%
Cash From Investing Activities	-$18.80M	$13.60M	$107.5M
YoY Change	-123.95%	-87.35%	36.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.100M	-86.40M	-170.8M
YoY Change	-98.38%	-49.41%	870.45%
NET CHANGE
Cash From Operating Activities	43.50M	4.900M	6.400M
Cash From Investing Activities	-18.80M	13.60M	107.5M
Cash From Financing Activities	1.100M	-86.40M	-170.8M
Net Change In Cash	25.80M	-67.90M	-56.90M
YoY Change	-86.89%	19.33%	-161.51%
FREE CASH FLOW
Cash From Operating Activities	$43.50M	$4.900M	$6.400M
Capital Expenditures	-$600.0K	-$400.0K	-$700.0K
Free Cash Flow	$44.10M	$5.300M	$7.100M
YoY Change	-12.67%	-25.35%	-78.48%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	12994000	USD
CY2011Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-239441000	USD
CY2011Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	594178000	USD
CY2011Q3	us-gaap	Common Stock Value CommonStockValue	88000	USD
CY2011Q3	us-gaap	Liabilities Liabilities	2985419000	USD
CY2011Q3	us-gaap	Other Liabilities OtherLiabilities	24219000	USD
CY2011Q3	us-gaap	Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust	55000000	USD
CY2011Q3	us-gaap	Long Term Debt LongTermDebt	19834000	USD
CY2011Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	129905000	USD
CY2010Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	76038000	USD
CY2011Q3	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	63915000	USD
CY2011Q3	us-gaap	Deposits Deposits	2756461000	USD
CY2010Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	1650605	shares
CY2011Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2011Q3	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	2288686000	USD
CY2011Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	88287132	shares
CY2010Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1650605	shares
CY2010Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	80790132	shares
CY2010Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2011Q3	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	467775000	USD
CY2011Q3	us-gaap	Assets Assets	3392885000	USD
CY2010Q4	us-gaap	Employee Stock Ownership Plan Esop Number Of Suspense Shares EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares	40000	shares
CY2011Q3	us-gaap	Employee Stock Ownership Plan Esop Number Of Suspense Shares EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares	40000	shares
CY2011Q3	us-gaap	Other Assets OtherAssets	65814000	USD
CY2011Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	50188000	USD
CY2011Q3	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	11577000	USD
CY2011Q3	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	37592000	USD
CY2011Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	16903000	USD
CY2011Q3	us-gaap	Goodwill Goodwill	20686000	USD
CY2011Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	70179000	USD
CY2011Q3	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	1999200000	USD
CY2011Q3	us-gaap	Loans Receivable Held For Sale Net LoansReceivableHeldForSaleNet	36199000	USD
CY2011Q3	us-gaap	Available For Sale Securities AvailableForSaleSecurities	795403000	USD
CY2011Q3	us-gaap	Cash And Due From Banks CashAndDueFromBanks	289144000	USD
CY2010Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	79099527	shares
CY2010Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3605003000	USD
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	420505000	USD
CY2011Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	86596527	shares
CY2010Q4	us-gaap	Unearned Esop Shares UnearnedESOPShares	834000	USD
CY2010Q4	us-gaap	Treasury Stock Value TreasuryStockValue	32183000	USD
CY2010Q4	buse	Stockholders Equity Before Treasury Stock And Unearned Esop Shares StockholdersEquityBeforeTreasuryStockAndUnearnedESOPShares	453522000	USD
CY2010Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	9032000	USD
CY2010Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-249418000	USD
CY2010Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	562375000	USD
CY2010Q4	us-gaap	Common Stock Value CommonStockValue	81000	USD
CY2010Q4	us-gaap	Liabilities Liabilities	3184498000	USD
CY2010Q4	us-gaap	Other Liabilities OtherLiabilities	30991000	USD
CY2010Q4	us-gaap	Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust	55000000	USD
CY2011Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3392885000	USD
CY2010Q4	us-gaap	Long Term Debt LongTermDebt	43159000	USD
CY2010Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	138982000	USD
CY2010Q4	us-gaap	Deposits Deposits	2916366000	USD
CY2010Q4	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	2455705000	USD
CY2010Q4	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	460661000	USD
CY2010Q4	us-gaap	Assets Assets	3605003000	USD
CY2010Q4	us-gaap	Other Assets OtherAssets	69555000	USD
CY2010Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	64240000	USD
CY2010Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	9160000	USD
CY2010Q4	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	37425000	USD
CY2011Q3	us-gaap	Stockholders Equity StockholdersEquity	407466000	USD
CY2010Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	19556000	USD
CY2010Q4	us-gaap	Goodwill Goodwill	20686000	USD
CY2010Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	73218000	USD
CY2010Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	2243055000	USD
CY2010Q4	us-gaap	Loans Receivable Held For Sale Net LoansReceivableHeldForSaleNet	49684000	USD
CY2010Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	599459000	USD
CY2010Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	418965000	USD
CY2011Q3	us-gaap	Unearned Esop Shares UnearnedESOPShares	834000	USD
CY2011Q3	us-gaap	Treasury Stock Value TreasuryStockValue	32183000	USD
CY2011Q3	buse	Stockholders Equity Before Treasury Stock And Unearned Esop Shares StockholdersEquityBeforeTreasuryStockAndUnearnedESOPShares	440483000	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.12
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	14228000	USD
CY2011Q3	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	11090000	USD
CY2011Q3	us-gaap	Noninterest Income NoninterestIncome	14718000	USD
CY2011Q3	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	827000	USD
CY2011Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	2977000	USD
CY2011Q3	us-gaap	Fees And Commissions Other FeesAndCommissionsOther	1341000	USD
CY2011Q3	us-gaap	Fees And Commissions Depositor Accounts FeesAndCommissionsDepositorAccounts	3283000	USD
CY2011Q3	buse	Remittance Processing RemittanceProcessing	2335000	USD
CY2011Q3	us-gaap	Brokerage Commissions Revenue BrokerageCommissionsRevenue	495000	USD
CY2011Q3	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	3460000	USD
CY2011Q3	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	22727000	USD
	buse	Other Real Estate Owned Expense OtherRealEstateOwnedExpense	459000	USD
CY2011Q3	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	5000000	USD
CY2011Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	27727000	USD
CY2011Q3	us-gaap	Interest Expense InterestExpense	5084000	USD
CY2011Q3	us-gaap	Interest Expense Junior Subordinated Debentures InterestExpenseJuniorSubordinatedDebentures	301000	USD
CY2011Q3	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	230000	USD
CY2011Q3	us-gaap	Interest Expense Short Term Borrowings Excluding Federal Funds And Securities Sold Under Agreements To Repurchase InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase	9000	USD
CY2011Q3	us-gaap	Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	87000	USD
CY2011Q3	us-gaap	Interest Expense Deposits InterestExpenseDeposits	4457000	USD
CY2011Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	32811000	USD
CY2011Q3	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	717000	USD
	buse	Regulatory Expense RegulatoryExpense	3652000	USD
CY2011Q3	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	3845000	USD
CY2011Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	28243000	USD
CY2010Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.04
CY2010Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2010Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2010Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4739000	USD
CY2010Q3	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	1283000	USD
CY2010Q3	us-gaap	Net Income Loss NetIncomeLoss	6022000	USD
CY2010Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1921000	USD
CY2010Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	7943000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2653000	USD
CY2010Q3	us-gaap	Noninterest Expense NoninterestExpense	27042000	USD
CY2010Q3	us-gaap	Other Noninterest Expense OtherNoninterestExpense	4586000	USD
CY2010Q3	buse	Other Real Estate Owned Expense OtherRealEstateOwnedExpense	380000	USD
CY2010Q3	buse	Regulatory Expense RegulatoryExpense	2155000	USD
CY2010Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1022000	USD
CY2010Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	2008000	USD
CY2010Q3	us-gaap	Equipment Expense EquipmentExpense	1493000	USD
CY2010Q3	us-gaap	Occupancy Net OccupancyNet	2374000	USD
CY2010Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2487000	USD
CY2010Q3	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	10537000	USD
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	6425000	USD
CY2010Q3	us-gaap	Noninterest Income NoninterestIncome	14850000	USD
CY2010Q3	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	527000	USD
CY2010Q3	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	283000	USD
CY2010Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	4104000	USD
CY2010Q3	us-gaap	Fees And Commissions Other FeesAndCommissionsOther	1304000	USD
CY2010Q3	us-gaap	Fees And Commissions Depositor Accounts FeesAndCommissionsDepositorAccounts	2858000	USD
CY2010Q3	buse	Remittance Processing RemittanceProcessing	2263000	USD
CY2010Q3	us-gaap	Brokerage Commissions Revenue BrokerageCommissionsRevenue	398000	USD
CY2010Q3	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	3113000	USD
CY2010Q3	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	20135000	USD
	us-gaap	Equipment Expense EquipmentExpense	3958000	USD
CY2010Q3	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	9500000	USD
CY2010Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	29635000	USD
CY2010Q3	us-gaap	Interest Expense InterestExpense	8832000	USD
CY2010Q3	us-gaap	Interest Expense Junior Subordinated Debentures InterestExpenseJuniorSubordinatedDebentures	699000	USD
CY2010Q3	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	629000	USD
CY2010Q3	us-gaap	Interest Expense Short Term Borrowings Excluding Federal Funds And Securities Sold Under Agreements To Repurchase InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase	41000	USD
CY2010Q3	us-gaap	Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	129000	USD
CY2010Q3	us-gaap	Interest Expense Deposits InterestExpenseDeposits	7334000	USD
CY2010Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	38467000	USD
CY2010Q3	us-gaap	Dividend Income Operating DividendIncomeOperating	7000	USD
	us-gaap	Occupancy Net OccupancyNet	6762000	USD
CY2010Q3	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	751000	USD
CY2010Q3	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	3383000	USD
CY2010Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	34326000	USD
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	7759000	USD
	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	30678000	USD
	us-gaap	Noninterest Income NoninterestIncome	44003000	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2786000	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	-2000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	7444000	USD
	us-gaap	Fees And Commissions Other FeesAndCommissionsOther	3963000	USD
	us-gaap	Fees And Commissions Depositor Accounts FeesAndCommissionsDepositorAccounts	9513000	USD
	buse	Remittance Processing RemittanceProcessing	7119000	USD
	us-gaap	Brokerage Commissions Revenue BrokerageCommissionsRevenue	1415000	USD
	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	11765000	USD
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	68915000	USD
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	15000000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.24
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	83915000	USD
	us-gaap	Interest Expense InterestExpense	17675000	USD
	us-gaap	Interest Expense Junior Subordinated Debentures InterestExpenseJuniorSubordinatedDebentures	1600000	USD
	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	1212000	USD
	us-gaap	Interest Expense Short Term Borrowings Excluding Federal Funds And Securities Sold Under Agreements To Repurchase InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase	29000	USD
	us-gaap	Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	298000	USD
	us-gaap	Interest Expense Deposits InterestExpenseDeposits	14536000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	101590000	USD
	us-gaap	Dividend Income Operating DividendIncomeOperating	10000	USD
	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	2099000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20019000	USD
	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	11557000	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	87924000	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	12076000	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	3848000	USD
	us-gaap	Net Income Loss NetIncomeLoss	15924000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5742000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	21666000	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	4108000	USD
	us-gaap	Noninterest Expense NoninterestExpense	79922000	USD
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	14766000	USD
	buse	Other Real Estate Owned Expense OtherRealEstateOwnedExpense	1443000	USD
	buse	Regulatory Expense RegulatoryExpense	5302000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3067000	USD
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	5855000	USD
	us-gaap	Equipment Expense EquipmentExpense	4602000	USD
	us-gaap	Occupancy Net OccupancyNet	6947000	USD
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	7669000	USD
	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	30271000	USD
	us-gaap	Net Income Loss NetIncomeLoss	24127000	USD
	us-gaap	Noninterest Income NoninterestIncome	45548000	USD
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	3230000	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	1025000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	9984000	USD
	us-gaap	Fees And Commissions Other FeesAndCommissionsOther	3807000	USD
	us-gaap	Fees And Commissions Depositor Accounts FeesAndCommissionsDepositorAccounts	8319000	USD
	buse	Remittance Processing RemittanceProcessing	7116000	USD
	us-gaap	Brokerage Commissions Revenue BrokerageCommissionsRevenue	1309000	USD
	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	10758000	USD
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	56040000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12217000	USD
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	31700000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	87740000	USD
	us-gaap	Interest Expense InterestExpense	31404000	USD
	us-gaap	Interest Expense Junior Subordinated Debentures InterestExpenseJuniorSubordinatedDebentures	2063000	USD
	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	2313000	USD
	us-gaap	Interest Expense Short Term Borrowings Excluding Federal Funds And Securities Sold Under Agreements To Repurchase InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase	44000	USD
	us-gaap	Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	440000	USD
	us-gaap	Interest Expense Deposits InterestExpenseDeposits	26544000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	119144000	USD
	us-gaap	Dividend Income Operating DividendIncomeOperating	7000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	36344000	USD
	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	2247000	USD
	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	10984000	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	105906000	USD
CY2011Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.04
CY2011Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2011Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2011Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	6521000	USD
CY2011Q3	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	1049000	USD
CY2011Q3	us-gaap	Net Income Loss NetIncomeLoss	7570000	USD
CY2011Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4151000	USD
	us-gaap	Noninterest Expense NoninterestExpense	76574000	USD
CY2011Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	11721000	USD
CY2011Q3	us-gaap	Noninterest Expense NoninterestExpense	25724000	USD
CY2011Q3	us-gaap	Other Noninterest Expense OtherNoninterestExpense	4996000	USD
CY2011Q3	buse	Other Real Estate Owned Expense OtherRealEstateOwnedExpense	112000	USD
CY2011Q3	buse	Regulatory Expense RegulatoryExpense	497000	USD
CY2011Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	885000	USD
CY2011Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	2145000	USD
CY2011Q3	us-gaap	Equipment Expense EquipmentExpense	1294000	USD
CY2011Q3	us-gaap	Occupancy Net OccupancyNet	2211000	USD
CY2011Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2494000	USD
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	6563000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	946000	USD
	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	-219976000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	289465000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2011-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000314489
	dei	Entity Registrant Name EntityRegistrantName	FIRST BUSEY CORP /NV/
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
CY2011Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	86596527	shares
CY2010Q3	us-gaap	Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax	283000	USD
CY2010Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	2162000	USD
	us-gaap	Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax	-2000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	7097000	USD
	us-gaap	Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax	1025000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	7845000	USD
CY2011Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	2980000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	85337000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	10675000	USD
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	345019000	USD
	us-gaap	Payments For Loans PaymentsForLoans	324090000	USD
	buse	Net Cash Provided By Used In Operating Activities Before Loan Originations And Sales NetCashProvidedByUsedInOperatingActivitiesBeforeLoanOriginationsAndSales	51427000	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	328000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-1507000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-4868000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-4069000	USD
	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	167000	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	101000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	4606000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	10915000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	23325000	USD
	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	15000000	USD
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	6814000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	309000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	29500000	USD
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	4000000	USD
	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-11906000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	11713000	USD
	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-9077000	USD
	buse	Increase Decrease In Demand Deposits And Saving Deposits IncreaseDecreaseInDemandDepositsAndSavingDeposits	104997000	USD
	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	-351872000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1723000	USD
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	14991000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	158000	USD
	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	-237785000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	157450000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	138891000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	40886000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	14498000	USD
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	437879000	USD
	us-gaap	Payments For Loans PaymentsForLoans	450290000	USD
	buse	Net Cash Provided By Used In Operating Activities Before Loan Originations And Sales NetCashProvidedByUsedInOperatingActivitiesBeforeLoanOriginationsAndSales	50022000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-4321000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1483000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2182000	USD
	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	1357000	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-1224000	USD
	buse	Increase Decrease In Demand Deposits And Saving Deposits IncreaseDecreaseInDemandDepositsAndSavingDeposits	22654000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	3476000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	5762000	USD
	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	31700000	USD
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	7798000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	126000	USD
	us-gaap	Conversion Of Stock Amount Issued1 ConversionOfStockAmountIssued1	31862000	USD
CY2011Q3	us-gaap	Dividends Payable Amount DividendsPayableAmount	378000	USD
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	8879000	USD
	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	-182559000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	2756000	USD
	us-gaap	Interest Paid Net InterestPaidNet	19183000	USD
CY2010Q3	us-gaap	Dividends Payable Amount DividendsPayableAmount	752000	USD
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	10444000	USD
	us-gaap	Interest Paid Net InterestPaidNet	35725000	USD
CY2011Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	289144000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	418965000	USD
CY2010Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	222226000	USD
CY2009Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	207071000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2068000	USD
	buse	New Accounting Pronouncements And Changes In Accounting Principles NewAccountingPronouncementsAndChangesInAccountingPrinciples	<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" size="2">Note 2:  Recent Accounting Pronouncements</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">FASB ASC Topic 220, Presentation of Comprehensive Income.</font></i> <font style="FONT-SIZE: 10pt" size="2">New authoritative accounting guidance (Accounting Standards Update No. 2011-05) under ASC Topic 220 amends Topic 220, Comprehensive Income, to require all nonowner changes in stockholders equity to be presented in a single continuous statement of comprehensive income or in two separate but consecutive statements.  This update will be effective for the annual periods beginning after December 15, 2011, and will result in a change to the presentation of comprehensive income in the Companys financial statements.</font></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align="center"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">FASB ASC Topic 310, Receivables: Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses. </font></i> <font style="FONT-SIZE: 10pt" size="2">On July 21, 2010, new authoritative accounting guidance (Accounting Standards Update No. 2010-20) under ASC Topic 310 was issued which requires an entity to provide more information in its disclosures about the credit quality of its financing receivables and the credit reserves held against them.  This statement addresses only disclosures and does not change recognition or measurement.  The new authoritative accounting guidance under ASC Topic 310 was effective for the Companys financial statements as of December 31, 2010, as it relates to disclosures required as of the end of a reporting period.  Disclosures that relate to activity during a reporting period became required for reporting periods beginning on or after January 1, 2011.  Accounting Standards Update No. 2011-01, Receivables (Topic 310)-Deferral of the Effective Date of Disclosures about Troubled Debt Restructurings in Update No. 2010-20, temporarily deferred the effective date for disclosures related to troubled debt restructurings to coincide with the effective date of a proposed accounting standard update related to troubled debt restructurings.  Accounting Standards Update No. 2011-02, Receivables (Topic 310)-A Creditors Determination of Whether a Restructuring Is a Troubled Debt Restructuring clarifies which loan modifications constitute troubled debt restructurings.  It is intended to help creditors in determining whether a modification of the terms of a receivable meet the criteria to be considered a troubled debt restructuring for the purpose of recording an impairment loss and for disclosure of troubled debt restructurings.  Under the new guidance, in evaluating whether a restructuring constitutes a troubled debt restructuring, a creditor must separately conclude that both of the following exist: (a) the restructuring constitutes a concession; and (b) the debtor is experiencing financial difficulties.  This update became effective for the Company on July 1, 2011, applying retrospectively to restructuring occurring on or after January 1, 2011 but did not have a significant impact on the Companys financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">FASB ASC Topic 350, Intangibles Goodwill and Other When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts. </font></i><font style="FONT-SIZE: 10pt" size="2">New authoritative accounting guidance (Accounting Standards Update No. 2010-28) under ASC Topic 350 modifies Step 1 of the goodwill impairment test for reporting units with zero or negative carrying amounts.  For those units, an entity is required to perform Step 2 of the goodwill impairment test if it is more-likely-than-not that a goodwill impairment exists.  An entity should consider whether there are any adverse qualitative factors indicating that an impairment may exist if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying amount.  This update became effective for the Company on January 1, 2011 and did not have a significant impact on the Companys financial statements.  Accounting Standards Update No. 2011-08, Intangibles Goodwill and Other (Topic 350)-Testing Goodwill for Impairment, issued in September 2011, simplifies how an entity tests goodwill for impairment.  This update allows the option to first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test.  If it is more-likely-than-not, using qualitative assessments, that the fair value of a reporting unit is less than its carrying amount, an entity must still perform the existing two-step impairment test.  Otherwise, an entity would not be required to perform the test.  This update will be effective for the annual and interim goodwill impairment tests performed after December 15, 2011, and is not expected to have a significant impact on the Companys financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">FASB ASC Topic 820</font></i><font style="FONT-SIZE: 10pt" size="2">, <i>Amendments to Achieve Common Fair Value Measurements and Disclosure Requirements in U.S. GAAP and IFRSs</i>. </font><font style="FONT-SIZE: 10pt" size="2">New authoritative accounting guidance (Accounting Standards Update No. 2011-04) under ASC Topic 820 amends Topic 820 to converge the fair value measurement guidance in U.S. generally accepted accounting principles and International Financial Reporting Standards.  The guidance clarifies the application of existing fair value measurement requirements, changes certain principles in Topic 820 and requires additional disclosures.  This update will be effective for the annual periods beginning after December 15, 2011, and is not expected to have a significant impact on the Companys financial statements.</font></p></td></tr></table>
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Amendment Flag AmendmentFlag	false

Files In Submission

Name	View Source	Status
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a11-25805_110q.htm	Edgar Link	pending
a11-25805_1ex31d1.htm	Edgar Link	pending
a11-25805_1ex31d2.htm	Edgar Link	pending
a11-25805_1ex32d1.htm	Edgar Link	pending
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R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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2011 Q4 Form 10-Q Financial Statement

#000110465911061184 Filed on November 04, 2011

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2011 Q4 Form 10-Q Financial Statement

#000110465911061184 Filed on November 04, 2011

Income Statement

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Files In Submission

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