OTHER REAL ESTATE OWNED (Tables)

9 Months Ended

Sep. 30, 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:

	Nine months ended						Year ended
	September 30,						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		23,938			88,726			125,234
Reductions in foreclosed properties
Sales		(53,328	)		(47,799	)		(64,488	)
Writedowns		(16,204	)		(11,653	)		(20,353	)
Balance at end of period	$	128,211		$	162,686		$	173,805

Other Real Estate Owned By Geographical Location, Segment and Class

The following tables present the other real estate owned by geographical location, segment and class as of the dates indicated:

	September 30, 2012
	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	411	$	94	$	105	$	-	$	797	$	-	$	-	$	-	$	1,407
Real estate
Consumer mortgages		2,621		251		2,645		71		1,350		634		290		4,084		11,946
Home equity		-		-		216		-		-		-		-		-		216
Agricultural		876		-		-		-		1,130		2,303		-		-		4,309
Commercial and industrial-owner occupied		533		69		1,510		-		375		50		146		-		2,683
Construction, acquisition and development		16,953		1,647		15,800		880		41,732		13,929		2,163		523		93,627
Commercial real estate		826		1,548		2,219		362		7,014		245		226		-		12,440
All other		46		16		224		113		1,152		-		-		32		1,583
Total	$	22,266	$	3,625	$	22,719	$	1,426	$	53,550	$	17,161	$	2,825	$	4,639	$	128,211
* Excludes the Greater Memphis Area.

	December 31, 2011
	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	436	$	17	$	-	$	-	$	940	$	-	$	-	$	-	$	1,393
Real estate
Consumer mortgages		3,816		448		3,400		-		5,199		4,160		733		2,889		20,645
Home equity		-		-		51		-		600		-		-		-		651
Agricultural		899		-		275		-		4,542		-		-		-		5,716
Commercial and industrial-owner occupied		1,022		303		1,972		76		2,371		426		174		-		6,344
Construction, acquisition and development		19,318		2,241		18,850		1,974		69,822		6,918		2,763		-		121,886
Commercial real estate		1,121		1,605		3,604		-		7,672		753		232		-		14,987
All other		276		83		220		193		1,358		-		53		-		2,183
Total	$	26,888	$	4,697	$	28,372	$	2,243	$	92,504	$	12,257	$	3,955	$	2,889	$	173,805
* Excludes the Greater Memphis Area.

	September 30, 2011
	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	439	$	17	$	-	$	-	$	946	$	-	$	-	$	-	$	1,402
Real estate
Consumer mortgages		5,368		475		3,533		-		5,259		2,090		821		1,976		19,522
Home equity		-		63		155		-		-		368		100		-		686
Agricultural		951		-		968		-		4,233		-		78		-		6,230
Commercial and industrial-owner occupied		1,093		109		2,216		77		3,225		525		378		-		7,623
Construction, acquisition and development		11,355		2,384		18,890		2,706		70,189		6,072		2,998		-		114,594
Commercial real estate		2,939		1,631		1,266		451		2,601		848		234		-		9,970
All other		68		87		276		195		1,980		-		53		-		2,659
Total	$	22,213	$	4,766	$	27,304	$	3,429	$	88,433	$	9,903	$	4,662	$	1,976	$	162,686
* Excludes the Greater Memphis Area.