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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2011
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

Note 25 – Subsequent Events

Florida Region. On January 25, 2012, First Bank entered into a Branch Purchase and Assumption Agreement that provides for the sale of certain assets and the transfer of certain liabilities associated with First Bank’s Florida Region to an unaffiliated financial institution, as further described in Note 2 to the consolidated financial statements. Under the terms of the agreement, the unaffiliated financial institution is to assume approximately $345.9 million of deposits associated with First Bank’s 19 Florida retail branches for a premium of approximately 2.3%. The unaffiliated financial institution is also expected to purchase premises and equipment and assume the leases associated with First Bank’s Florida Region at a discount of $1.2 million. The transaction, which is subject to regulatory approvals and certain closing conditions, is expected to be completed during the second or third quarter of 2012. The transaction is not expected to result in a significant gain or loss.