FDIC LOSS SHARING ASSET

12 Months Ended

Dec. 31, 2012

FDIC LOSS SHARING ASSET.

FDIC LOSS SHARING ASSET

NOTE 8—FDIC LOSS SHARING ASSET

        The following table presents changes in the FDIC loss sharing asset for the years indicated:

	Year Ended December 31,
	2012			2011
	(In thousands)
FDIC loss sharing asset, beginning of year	$	95,187		$	116,352
FDIC share of additional losses, net of recoveries(1)		6,169			15,377
Cash received from FDIC		(33,223	)		(41,390	)
Net amortization		(10,658	)		(3,063	)
Subtotal		57,475			87,276
Filed claims receivable		—			7,911
FDIC loss sharing asset, end of year	$	57,475		$	95,187

⁽¹⁾

For 2011, includes $7.6 million related to resolution of goodwill matter with the FDIC.