FDIC Loss Sharing Asset FDIC Loss Sharing Asset (Tables)

12 Months Ended

Dec. 31, 2014

FDIC Loss-Sharing Arrangements [Abstract]

FDIC Indemnification Asset Roll Forward

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

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Balance, beginning of year	$	45,524		$	57,475		$	95,187
Addition from the FCAL acquisition	—			17,241			—
FDIC share of additional losses, net of recoveries	(4,941		)	4,969			6,169
Cash paid to (received from) FDIC	3,202			(7,332		)	(33,223		)
Net amortization	(25,051		)	(26,829		)	(10,658		)
Balance, end of year	$	18,734		$	45,524		$	57,475

Schedule of Composition of Loss Sharing Assets and True Up Liability

The following table presents information about the composition of the FDIC loss sharing asset, the true‑up liability, and the non‑single family and the single family covered assets as of the date indicated:

	December 31, 2014
	Affinity Bank			Los Padres Bank		Western Commercial Bank		San Luis Trust Bank		Total
	(In thousands)
FDIC loss sharing asset	$	(302	)	$	9,435	$	1,165	$	8,436	$	18,734
True‑up liability	N/A			N/A		$	1,753	$	5,433	$	7,186
Non-single family covered assets (1)	$	113,361		$	77,814	$	11,327	$	28,555	$	231,057
Single family covered assets	$	10,987		$	56,891	N/A		$	30,517	$	98,395
Loss sharing expiration dates:
Non‑single family	3rd Quarter 2014			3rd Quarter 2015		4th Quarter 2015		1st Quarter 2016
Single family	3rd Quarter 2019			3rd Quarter 2020		N/A		1st Quarter 2021
Loss recovery expiration dates:
Non‑single family	3rd Quarter 2017			3rd Quarter 2018		4th Quarter 2018		1st Quarter 2019
Single family	3rd Quarter 2019			3rd Quarter 2020		N/A		1st Quarter 2021