Acquired SJB Assets and FDIC Loss Sharing Asset (Tables)

12 Months Ended

Dec. 31, 2014

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Summary of PCI Loans and Lease Finance Receivables

The following tables provide a summary of PCI loans and lease finance receivables by type and their credit quality indicators as of December 31, 2014 and 2013, respectively:

	December 31, 2014			December 31, 2013
	(Dollars in thousands)
Commercial and industrial	$	14,605		$	19,047
SBA		1,110			1,414
Real estate:
Commercial real estate		109,350			141,141
Construction		—			644
SFR mortgage		205			313
Dairy & livestock and agribusiness		4,890			6,000
Municipal lease finance receivables		—			—
Consumer and other loans		3,336			4,545
Gross PCI loans		133,496			173,104
Less: Purchase accounting discount		(7,129	)		(12,789	)
Gross PCI loans, net of discount		126,367			160,315
Less: Allowance for PCI loan losses		—			—
Net PCI loans	$	126,367		$	160,315

Summary of PCI Loans by Internal Risk Ratings

The following table summarizes PCI loans by internal risk ratings by loan class as of December 31, 2014 and 2013:

	December 31, 2014		December 31, 2013
	(Dollars in thousands)
Pass	$	26,706	$	38,961
Watch list		77,371		74,369
Special mention		8,203		15,492
Substandard		21,216		44,241
Doubtful & loss		—		41
Total PCI gross loans	$	133,496	$	173,104

Summary of Activity Related to FDIC Loss Sharing Asset

The following table summarizes the activity related to the FDIC loss sharing asset for the years ended December 31, 2014 and 2013:

	For the Year Ended December 31,
	2014			2013
	(Dollars in thousands)
Balance, beginning of period	$	4,764		$	18,489
FDIC share of additional losses, net of recoveries		342			(81	)
Cash paid to (received from) FDIC, net		1,134			(4	)
Net amortization (1)		(3,932	)		(12,779	)
Other reductions, net		(2,009	)		(861	)
Balance, end of period	$	299		$	4,764

(1) Net amortization included accelerated amortization as a result of loans being paid off in full, sold, or transferred to OREO.