Note 9 - FDIC Loss Share Receivable

6 Months Ended

Jun. 30, 2012

FDIC Loss Share Receivable [Text Block]

Note 9 – FDIC Loss Share Receivable

The following table details changes in the FDIC loss share receivable for the three and six month periods ended June 30, 2012 and June 30, 2011.

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(Dollars in thousands)
Balance at beginning of period	$	30,448		$	25,611		$	38,931		$	24,848
Additional FDIC loss share receivable from acquisitions		-			19,922			-			19,922
Increase in expected losses on indemnified assets and other changes		5,959			435			6,925			1,749
Claimable net losses on OREO covered under loss share agreements		774			476			1,563			660
Reimbursable expenses claimed		483			242			1,020			367
Accretion of discounts and premiums, net		31			(287	)		(886	)		(1,004	)
Receipt of payments from FDIC		(8,832	)		(2,975	)		(18,690	)		(3,118	)
Balance at end of period	$	28,863		$	43,424		$	28,863		$	43,424