OTHER REAL ESTATE OWNED (Tables)

3 Months Ended

Mar. 31, 2012

OTHER REAL ESTATE OWNED [Abstract]

Activity in Other Real Estate Owned

The following table presents the activity in other real estate owned for the periods indicated:

	Three months ended						Year ended
	March 31,						December 31,
	2012			2011			2011
	(In thousands)
Balance at beginning of period	$	173,805		$	133,412		$	133,412
Additions to foreclosed properties
New foreclosed properties		10,766			21,464			125,234
Reductions in foreclosed properties
Sales		(11,771	)		(13,528	)		(64,488	)
Writedowns		(4,992	)		(4,936	)		(20,353	)
Balance at end of period	$	167,808		$	136,412		$	173,805

Other Real Estate Owned By Geographical Location, Segment and Class

The following table presents the other real estate owned by geographical location, segment and class at March 31, 2012:

	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	423	$	16	$	-	$	-	$	821	$	-	$	-	$	-	$	1,260
Real estate
Consumer mortgages		3,505		615		2,970		-		4,713		3,523		111		3,377		18,814
Home equity		-		26		22		-		586		141		-		-		775
Agricultural		902		-		730		-		1,164		2,371		-		-		5,167
Commercial and industrial-owner occupied		1,564		656		2,583		2,113		1,829		164		174		291		9,374
Construction, acquisition and development		16,179		1,766		25,510		1,965		46,007		19,458		2,630		-		113,515
Commercial real estate		3,557		1,744		3,241		307		7,318		-		233		579		16,979
All other		209		83		990		117		437		-		55		33		1,924
Total	$	26,339	$	4,906	$	36,046	$	4,502	$	62,875	$	25,657	$	3,203	$	4,280	$	167,808
* Excludes the Greater Memphis Area.