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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2012
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

NOTE 18 SUBSEQUENT EVENTS

Florida Region. On April 4, 2012, First Bank terminated a Branch Purchase and Assumption Agreement that was entered into on January 25, 2012 to sell certain assets and transfer 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. The agreement was subject to several closing conditions. The potential buyer failed to meet certain conditions and First Bank exercised its right to terminate the agreement. Under the terms of the agreement, First Bank received an escrow deposit from the potential buyer upon the termination of the agreement that was more than sufficient to offset First Bank’s expenses associated with the proposed transaction. The Company continues to apply discontinued operations accounting to the assets and liabilities and related operations of the Florida Region as of March 31, 2012 and for the three months ended March 31, 2012 and 2011 while it considers its options with respect to the Florida Region based on this recent development.