LOANS AND ALLOWANCE FOR LOAN LOSSES

The following table summarizes the composition of the loan portfolio at December 31, 2012 and 2011:



	2012			2011
	(dollars expressed in thousands)
Commercial, financial and agricultural	$	610,301		725,195
Real estate construction and development	174,979			249,987
Real estate mortgage:
One-to-four-family residential	986,767			902,438
Multi-family residential	103,684			127,356
Commercial real estate	969,680			1,225,538
Consumer and installment	19,262			23,596
Loans held for sale	66,133			31,111
Net deferred loan fees	(59		)	(942	)
Loans, net of net deferred loan fees	$	2,930,747		3,284,279

The Company's loan portfolio is primarily comprised of residential and commercial real estate loans, and commercial, financial and agricultural loans. The Company primarily lends to borrowers within its primary market areas of California, Florida, southern Illinois and eastern Missouri. The Company maintains a diversified portfolio with limited industry concentrations of credit risk. Real estate lending constitutes the only significant concentration of credit risk. Real estate loans comprised approximately 79% and 77% of the loan portfolio at December 31, 2012 and 2011, respectively, of which 46% and 37%, respectively, were made to consumers in the form of residential real estate mortgages and home equity lines of credit. First Bank also offers residential real estate mortgage loans with terms that require interest only payments. At December 31, 2012, the balance of such loans, all of which were held for portfolio, was approximately $25.3 million, of which approximately 5.1% were delinquent. At December 31, 2011, the balance of such loans, all of which were held for portfolio, was approximately $40.2 million, of which approximately 14.5% were delinquent. In general, the Company is a secured lender. At December 31, 2012 and 2011, 99.0% of the loan portfolio was collateralized. Collateral is required in accordance with the normal credit evaluation process based upon the creditworthiness of the customer and the credit risk associated with the particular transaction. First Bank also originates certain one-to-four-family residential mortgage loans for sale in the secondary market. First Bank has a repurchase obligation on these loans in the event of fraud or, on certain loans, early payment default. The early payment default provisions generally range from four months to one year after sale of the loan in the secondary market. First Bank has not sold any one-to-four-family residential mortgage loans into the secondary market with early payment default provisions since 2007.

Loans to directors, their affiliates and executive officers of the Company were approximately $9.1 million and $23.4 million at December 31, 2012 and 2011, respectively, as further described in Note 20 to the consolidated financial statements.

Loans with a carrying value of approximately $1.17 billion and $1.40 billion at December 31, 2012 and 2011, respectively, were pledged as collateral under borrowing arrangements with the FRB and the FHLB. At December 31, 2012 and 2011, First Bank had no outstanding advances under these borrowing arrangements.

Aging of Loans. The following table presents the aging of loans by loan classification at December 31, 2012 and 2011:



	30-59 Days		60-89 Days	Recorded Investment > 90 Days Accruing	Nonaccrual	Total Past Due	Current	Total Loans
	(dollars expressed in thousands)
December 31, 2012:
Commercial, financial and agricultural	$	1,180	322	—	19,050	20,552	589,749	610,301
Real estate construction and development	93		—	—	32,152	32,245	142,734	174,979
One-to-four-family residential:
Bank portfolio	1,871		1,121	874	6,910	10,776	111,562	122,338
Mortgage Division portfolio	6,264		4,375	—	19,780	30,419	479,552	509,971
Home equity	2,494		1,221	216	8,671	12,602	341,856	354,458
Multi-family residential	—		629	—	6,761	7,390	96,294	103,684
Commercial real estate	66		693	—	16,520	17,279	952,401	969,680
Consumer and installment	174		43	—	28	245	18,958	19,203
Loans held for sale	—		—	—	—	—	66,133	66,133
Total	$	12,142	8,404	1,090	109,872	131,508	2,799,239	2,930,747

December 31, 2011:
Commercial, financial and agricultural	$	1,602	2,085	1,095	55,340	60,122	665,073	725,195
Real estate construction and development	170		3,033	—	71,244	74,447	175,540	249,987
One-to-four-family residential:
Bank portfolio	4,506		2,577	362	14,690	22,135	143,443	165,578
Mortgage Division portfolio	5,994		1,571	—	16,778	24,343	342,572	366,915
Home equity	3,990		2,151	856	6,940	13,937	356,008	369,945
Multi-family residential	—		118	—	7,975	8,093	119,263	127,356
Commercial real estate	3,888		7,092	427	47,262	58,669	1,166,869	1,225,538
Consumer and installment	396		192	4	22	614	22,040	22,654
Loans held for sale	—		—	—	—	—	31,111	31,111
Total	$	20,546	18,819	2,744	220,251	262,360	3,021,919	3,284,279

Under the Company’s loan policy, loans are placed on nonaccrual status once principal or interest payments become 90 days past due. However, individual loan officers may submit written requests for approval to continue the accrual of interest on loans that become 90 days past due. These requests may be submitted for approval consistent with the authority levels provided in the Company’s credit approval policies, and they are only granted if an expected near term future event, such as a pending renewal or expected payoff, exists at the time the loan becomes 90 days past due. If the expected near term future event does not occur as anticipated, the loan is then placed on nonaccrual status.

Credit Quality Indicators. The Company’s credit management policies and procedures focus on identifying, measuring and controlling credit exposure. These procedures employ a lender-initiated system of rating credits, which is ratified in the loan approval process and subsequently tested in internal credit reviews, external audits and regulatory bank examinations. The system requires the rating of all loans at the time they are originated or acquired, except for homogeneous categories of loans, such as residential real estate mortgage loans and consumer loans. These homogeneous loans are assigned an initial rating based on the Company’s experience with each type of loan. The Company adjusts the ratings of the homogeneous loans based on payment experience subsequent to their origination.

The Company includes adversely rated credits, including loans requiring close monitoring that would not normally be considered classified credits by the Company’s regulators, on its monthly loan watch list. Loans may be added to the Company’s watch list for reasons that are temporary and correctable, such as the absence of current financial statements of the borrower or a deficiency in loan documentation. Loans may also be added to the Company’s watch list whenever any adverse circumstance is detected which might affect the borrower’s ability to comply with the contractual terms of the loan. The delinquency of a scheduled loan payment, deterioration in the borrower’s financial condition identified in a review of periodic financial statements, a decrease in the value of the collateral securing the loan, or a change in the economic environment within which the borrower operates could initiate the addition of a loan to the Company’s watch list. Loans on the Company’s watch list require periodic detailed loan status reports prepared by the responsible officer which are discussed in formal meetings with credit review and credit administration staff members. Upgrades and downgrades of loan risk ratings may be initiated by the responsible loan officer. However, upgrades of risk ratings associated with significant credit relationships and/or problem credit relationships may only be made with the concurrence of appropriate regional credit officers.

Under the Company’s risk rating system, special mention loans are those loans that do not currently expose the Company to sufficient risk to warrant classification as substandard, troubled debt restructuring (TDR) or nonaccrual, but possess weaknesses that deserve management’s close attention. Substandard loans include those loans characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. A loan is classified as a TDR when a borrower is experiencing financial difficulties that lead to the restructuring of a loan, and the Company grants concessions to the borrower in the restructuring that it would not otherwise consider. Loans classified as TDRs which are accruing interest are classified as performing TDRs. Loans classified as TDRs which are not accruing interest are classified as nonperforming TDRs and are included with all other nonaccrual loans for presentation purposes. Loans classified as nonaccrual have all the weaknesses inherent in those loans classified as substandard with the added characteristic that the weaknesses present make collection or liquidation in full, on the basis of the currently existing facts, conditions and values, highly questionable and improbable. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass-rated loans.

The following tables present the credit exposure of the loan portfolio by internally assigned credit grade and payment activity as of December 31, 2012 and 2011:



Commercial Loan Portfolio Credit Exposure by Internally Assigned Credit Grade	Commercial and Industrial		Real Estate Construction and Development	Multi-family	Commercial Real Estate	Total
			(dollars expressed in thousands)
December 31, 2012:
Pass	$	572,248	45,356	67,690	858,101	1,543,395
Special mention	10,580		6,076	220	70,450	87,326
Substandard	8,423		81,364	773	13,868	104,428
Performing troubled debt restructuring	—		10,031	28,240	10,741	49,012
Nonaccrual	19,050		32,152	6,761	16,520	74,483
Total	$	610,301	174,979	103,684	969,680	1,858,644

December 31, 2011:
Pass	$	606,998	57,594	68,748	973,553	1,706,893
Special mention	25,742		11,977	18,678	119,478	175,875
Substandard	32,851		97,158	28,789	60,876	219,674
Performing troubled debt restructuring	4,264		12,014	3,166	24,369	43,813
Nonaccrual	55,340		71,244	7,975	47,262	181,821
Total	$	725,195	249,987	127,356	1,225,538	2,328,076



One-to-Four-Family Residential Mortgage Bank and Home Equity Loan Portfolio Credit Exposure by Internally Assigned Credit Grade	Bank Portfolio		Home Equity	Total
	(dollars expressed in thousands)
December 31, 2012:
Pass	$	107,625	342,321	449,946
Special mention	4,405		216	4,621
Substandard	1,787		3,250	5,037
Performing troubled debt restructuring	1,611		—	1,611
Nonaccrual	6,910		8,671	15,581
Total	$	122,338	354,458	476,796

December 31, 2011:
Pass	$	131,973	358,801	490,774
Special mention	12,797		954	13,751
Substandard	6,118		3,250	9,368
Nonaccrual	14,690		6,940	21,630
Total	$	165,578	369,945	535,523



One-to-Four-Family Residential Mortgage Division and Consumer and Installment Loan Portfolio Credit Exposure by Payment Activity	Mortgage Division Portfolio		Consumer and Installment	Total
	(dollars expressed in thousands)
December 31, 2012:
Pass	$	405,270	19,175	424,445
Substandard	6,627		—	6,627
Performing troubled debt restructuring	78,294		—	78,294
Nonaccrual	19,780		28	19,808
Total	$	509,971	19,203	529,174

December 31, 2011:
Pass	$	263,079	22,632	285,711
Substandard	4,429		—	4,429
Performing troubled debt restructuring	82,629		—	82,629
Nonaccrual	16,778		22	16,800
Total	$	366,915	22,654	389,569

Impaired Loans. Loans deemed to be impaired include performing TDRs and nonaccrual loans. Impaired loans with outstanding balances equal to or greater than $500,000 are evaluated individually for impairment. For these loans, the Company measures the level of impairment based on the present value of the estimated projected cash flows or the estimated value of the collateral. If the current valuation is lower than the current book balance of the loan, the amount of the difference is evaluated for possible charge-off. In instances where management determines that a charge-off is not appropriate, a specific reserve is established for the individual loan in question. This specific reserve is included as a part of the overall allowance for loan losses.

The following tables present the recorded investment, unpaid principal balance, related allowance for loan losses, average recorded investment and interest income recognized while on impaired status for impaired loans without a related allowance for loan losses and for impaired loans with a related allowance for loan losses by loan classification at December 31, 2012 and 2011:



	Recorded Investment		Unpaid Principal Balance	Related Allowance for Loan Losses	Average Recorded Investment	Interest Income Recognized
	(dollars expressed in thousands)
December 31, 2012:
With No Related Allowance Recorded:
Commercial, financial and agricultural	$	6,451	24,287	—	12,369	215
Real estate construction and development	39,706		74,044	—	59,094	561
Real estate mortgage:
Bank portfolio	1,611		1,690	—	2,166	32
Mortgage Division portfolio	10,255		22,102	—	10,308	—
Home equity portfolio	1,382		1,507	—	1,232	—
Multi-family residential	33,709		37,206	—	13,682	280
Commercial real estate	18,808		24,279	—	35,959	1,160
Consumer and installment	—		—	—	—	—
	111,922		185,115	—	134,810	2,248
With A Related Allowance Recorded:
Commercial, financial and agricultural	12,599		19,255	676	24,157	—
Real estate construction and development	2,477		10,221	1,452	3,687	114
Real estate mortgage:
Bank portfolio	6,910		8,655	284	9,288	—
Mortgage Division portfolio	87,819		96,931	11,574	88,277	2,050
Home equity portfolio	7,289		8,188	1,784	6,500	—
Multi-family residential	1,292		1,403	1,138	524	—
Commercial real estate	8,453		12,909	1,043	16,161	11
Consumer and installment	28		28	1	51	—
	126,867		157,590	17,952	148,645	2,175
Total:
Commercial, financial and agricultural	19,050		43,542	676	36,526	215
Real estate construction and development	42,183		84,265	1,452	62,781	675
Real estate mortgage:
Bank portfolio	8,521		10,345	284	11,454	32
Mortgage Division portfolio	98,074		119,033	11,574	98,585	2,050
Home equity portfolio	8,671		9,695	1,784	7,732	—
Multi-family residential	35,001		38,609	1,138	14,206	280
Commercial real estate	27,261		37,188	1,043	52,120	1,171
Consumer and installment	28		28	1	51	—
	$	238,789	342,705	17,952	283,455	4,423



	Recorded Investment		Unpaid Principal Balance	Related Allowance for Loan Losses	Average Recorded Investment	Interest Income Recognized
	(dollars expressed in thousands)
December 31, 2011:
With No Related Allowance Recorded:
Commercial, financial and agricultural	$	20,494	53,140	—	25,294	336
Real estate construction and development	62,524		113,412	—	80,230	72
Real estate mortgage:
Bank portfolio	3,274		5,030	—	3,291	—
Mortgage Division portfolio	10,250		22,541	—	11,352	—
Home equity portfolio	196		198	—	210	—
Multi-family residential	7,961		8,378	—	8,358	92
Commercial real estate	45,452		61,766	—	59,613	435
Consumer and installment	1		1	—	2	—
	150,152		264,466	—	188,350	935
With A Related Allowance Recorded:
Commercial, financial and agricultural	39,110		64,867	5,475	48,270	—
Real estate construction and development	20,734		39,832	3,432	26,605	183
Real estate mortgage:
Bank portfolio	11,416		12,926	796	11,473	—
Mortgage Division portfolio	89,157		98,118	15,324	98,739	2,306
Home equity portfolio	6,744		7,657	1,388	7,212	—
Multi-family residential	3,180		5,281	335	3,339	—
Commercial real estate	26,179		34,073	3,875	34,335	168
Consumer and installment	21		21	4	60	—
	196,541		262,775	30,629	230,033	2,657
Total:
Commercial, financial and agricultural	59,604		118,007	5,475	73,564	336
Real estate construction and development	83,258		153,244	3,432	106,835	255
Real estate mortgage:
Bank portfolio	14,690		17,956	796	14,764	—
Mortgage Division portfolio	99,407		120,659	15,324	110,091	2,306
Home equity portfolio	6,940		7,855	1,388	7,422	—
Multi-family residential	11,141		13,659	335	11,697	92
Commercial real estate	71,631		95,839	3,875	93,948	603
Consumer and installment	22		22	4	62	—
	$	346,693	527,241	30,629	418,383	3,592

Recorded investment represents the Company’s investment in its impaired loans reduced by cumulative charge-offs recorded against the allowance for loan losses on these same loans. At December 31, 2012 and 2011, the Company had recorded charge-offs of $103.9 million and $180.5 million, respectively, on its impaired loans, representing the difference between the unpaid principal balance and the recorded investment reflected in the tables above. The unpaid principal balance represents the principal amount contractually owed to the Company by the borrowers on the impaired loans.

The Company had $238.8 million and $346.7 million of impaired loans, consisting of loans on nonaccrual status and performing TDRs, at December 31, 2012 and 2011, respectively. Interest on impaired loans that would have been recorded under the original terms of the loans was $21.7 million, $34.2 million and $46.3 million for the years ended December 31, 2012, 2011 and 2010, respectively. Of these amounts, $6.0 million, $8.0 million and $14.2 million was recorded as interest income on such loans in 2012, 2011 and 2010, respectively. The average recorded investment in impaired loans was $283.5 million, $418.4 million and $619.4 million for the years ended December 31, 2012, 2011 and 2010, respectively. The amount of interest income recognized during the time these loans were impaired was $4.4 million, $3.6 million and $5.9 million in 2012, 2011 and 2010, respectively.

Troubled Debt Restructurings. In the ordinary course of business, the Company modifies loan terms across loan types, including both consumer and commercial loans, for a variety of reasons. Modifications to consumer loans may include, but are not limited to, changes in interest rate, maturity, amortization and financial covenants. In the original underwriting, loan terms are established that represent the then current and projected financial condition of the borrower. Over any period of time, modifications to these loan terms may be required due to changes in the original underwriting assumptions. These changes may include the financial covenants of the borrower as well as underwriting standards.

Loan modifications are generally performed at the request of the borrower, whether commercial or consumer, and may include reduction in interest rates, changes in payments and maturity date extensions. Although the Company does not have formal, standardized loan modification programs for its commercial or consumer loan portfolios, it addresses loan modifications on a case-by-case basis and also participates in the U.S. Treasury’s Home Affordable Modification Program (HAMP). HAMP gives qualifying homeowners an opportunity to refinance into more affordable monthly payments, with the U.S. Treasury compensating the Company for a portion of the reduction in monthly amounts due from borrowers participating in this program. At December 31, 2012 and 2011, the Company had $75.7 million and $75.9 million, respectively, of modified loans in the HAMP program.

For a loan modification to be classified as a TDR, all of the following conditions must be present: (1) the borrower is experiencing financial difficulty, (2) the Company makes a concession to the original contractual loan terms and (3) the Company would not consider the concessions but for economic or legal reasons related to the borrower’s financial difficulty. Modifications of loan terms to borrowers experiencing financial difficulty are made in an attempt to protect as much of the investment in the loan as possible. These modifications are generally made to either prevent a loan from becoming nonaccrual or to return a nonaccrual loan to performing status based on the expectations that the borrower can adequately perform in accordance with the modified terms.

The determination of whether a modification should be classified as a TDR requires significant judgment after taking into consideration all facts and circumstances surrounding the transaction. No single characteristic or factor, taken alone, is determinative of whether a modification should be classified as a TDR. The fact that a single characteristic is present is not considered sufficient to overcome the preponderance of contrary evidence. Assuming all of the TDR criteria are met, the Company considers one or more of the following concessions to the loan terms to represent a TDR: (1) a reduction of the stated interest rate, (2) an extension of the maturity date or dates at a stated interest rate lower than the current market rate for a new loan with similar terms or (3) forgiveness of principal or accrued interest.

Loans renegotiated at a rate equal to or greater than that of a new loan with comparable risk at the time the contract is modified are excluded from TDR classification in the calendar years subsequent to the renegotiation if the loan is in compliance with the modified terms for at least six months.

The Company does not accrue interest on any TDRs unless it believes collection of all principal and interest under the modified terms is reasonably assured. Generally, six months of consecutive payment performance by the borrower under the restructured terms is required before a TDR is returned to accrual status. However, the period could vary depending upon the individual facts and circumstances of the loan. TDRs accruing interest are classified as performing TDRs. The following table presents the categories of performing TDRs as of December 31, 2012 and 2011:



	2012		2011
	(dollars expressed in thousands)
Performing Troubled Debt Restructurings:
Commercial, financial and agricultural	$	—	4,264
Real estate construction and development	10,031		12,014
Real estate mortgage:
One-to-four-family residential	79,905		82,629
Multi-family residential	28,240		3,166
Commercial real estate	10,741		24,369
Total	$	128,917	126,442

The Company does not accrue interest on TDRs which have been modified for a period less than six months or are not in compliance with the modified terms. These loans are considered nonperforming TDRs and are included with other nonaccrual loans for classification purposes. The following table presents the categories of loans considered nonperforming TDRs as of December 31, 2012 and 2011:



	2012		2011
	(dollars expressed in thousands)
Nonperforming Troubled Debt Restructurings:
Commercial, financial and agricultural	$	1,004	1,344
Real estate construction and development	26,557		25,603
Real estate mortgage:
One-to-four-family residential	7,105		6,205
Multi-family residential	2,482		—
Commercial real estate	2,862		7,605
Total	$	40,010	40,757

Both performing and nonperforming TDRs are considered to be impaired loans. When an individual loan is determined to be a TDR, the amount of impairment is based upon the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the underlying collateral less applicable selling costs. The impairment amount is either charged off as a reduction to the allowance for loan losses or provided for as a specific reserve within the allowance for loan losses. The allowance for loan losses allocated to TDRs was $9.5 million and $12.8 million at December 31, 2012 and 2011, respectively.

The following tables present loans classified as TDRs that were modified during the years ended December 31, 2012 and 2011:



	2012					2011
	Number of Contracts	Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts	Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment
	(dollars expressed in thousands)
Loan Modifications as Troubled Debt Restructurings:
Commercial, financial and agricultural	2	$	1,108	$	873	3	$	1,945	$	1,945
Real estate construction and development	4	6,263		5,670		8	42,784		38,166
Real estate mortgage:
One-to-four-family residential	50	9,049		8,992		118	23,607		22,377
Multi-family residential	2	28,280		28,280		1	4,964		3,209
Commercial real estate	3	9,965		9,965		5	34,113		26,890

The following tables present TDRs that defaulted within 12 months of modification during the years ended December 31, 2012 and 2011:



	2012			2011
	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
	(dollars expressed in thousands)
Troubled Debt Restructurings That Subsequently Defaulted:
Commercial, financial and agricultural	—	$	—	—	$	—
Real estate construction and development	3	1,364		1	460
Real estate mortgage:
One-to-four-family residential	57	12,437		45	9,523
Multi-family residential	—	—		—	—
Commercial real estate	—	—		1	1,144

Upon default of a TDR, which is considered to be 90 days or more past due under the modified terms, impairment is measured based on the fair value of the underlying collateral less applicable selling costs. The impairment amount is either charged off as a reduction to the allowance for loan losses or provided for as a specific reserve within the allowance for loan losses.

Allowance for Loan Losses. Changes in the allowance for loan losses for the years ended December 31, 2012, 2011 and 2010 were as follows:



	2012			2011		2010
	(dollars expressed in thousands)
Balance, beginning of year	$	137,710		201,033		266,448
Allowance for loan losses allocated to loans sold	—			—		(321	)
	137,710			201,033		266,127
Loans charged-off	(78,070		)	(154,627	)	(331,196	)
Recoveries of loans previously charged-off	29,962			22,304		52,102
Net loans charged-off	(48,108		)	(132,323	)	(279,094	)
Provision for loan losses	2,000			69,000		214,000
Balance, end of year	$	91,602		137,710		201,033

The following table represents a summary of changes in the allowance for loan losses by portfolio segment for the years ended December 31, 2012 and 2011:



	Commercial and Industrial			Real Estate Construction and Development		One-to- Four-Family Residential		Multi- Family Residential		Commercial Real Estate		Consumer and Installment		Total
	(dollars expressed in thousands)
Year Ended December 31, 2012:
Allowance for loan losses:
Beginning balance	$	27,243		24,868		50,864		4,851		29,448		436		137,710
Charge-offs	(17,410		)	(12,244	)	(21,814	)	(2,435	)	(23,856	)	(311	)	(78,070	)
Recoveries	12,886			5,659		5,188		44		5,982		203		29,962
Provision (benefit) for loan losses	(9,147		)	(3,849	)	4,659		1,792		8,474		71		2,000
Ending balance	$	13,572		14,434		38,897		4,252		20,048		399		91,602

Year Ended December 31, 2011:
Allowance for loan losses:
Beginning balance	$	28,000		58,439		60,762		5,158		47,880		794		201,033
Charge-offs	(46,256		)	(35,459	)	(31,355	)	(3,126	)	(37,974	)	(457	)	(154,627	)
Recoveries	6,962			6,694		3,985		562		3,787		314		22,304
Provision (benefit) for loan losses	38,537			(4,806	)	17,472		2,257		15,755		(215	)	69,000
Ending balance	$	27,243		24,868		50,864		4,851		29,448		436		137,710

The following table represents a summary of the impairment method used by loan category at December 31, 2012 and 2011:



	Commercial and Industrial		Real Estate Construction and Development	One-to- Four-Family Residential	Multi- Family Residential	Commercial Real Estate	Consumer and Installment	Total
	(dollars expressed in thousands)
Ending Balance at December 31, 2012:
Allowance for loan losses:
Impaired loans individually evaluated for impairment	$	75	121	3,187	33	182	—	3,598
Impaired loans collectively evaluated for impairment	601		1,331	10,455	1,105	861	1	14,354
All other loans collectively evaluated for impairment	12,896		12,982	25,255	3,114	19,005	398	73,650
Total	$	13,572	14,434	38,897	4,252	20,048	399	91,602
Financing receivables:
Impaired loans individually evaluated for impairment	$	7,884	39,155	16,843	34,636	20,965	—	119,483
Impaired loans collectively evaluated for impairment	11,166		3,028	98,423	365	6,296	28	119,306
All other loans collectively evaluated for impairment	591,251		132,796	871,501	68,683	942,419	19,175	2,625,825
Total	$	610,301	174,979	986,767	103,684	969,680	19,203	2,864,614

Ending Balance at December 31, 2011:
Allowance for loan losses:
Impaired loans individually evaluated for impairment	$	4,276	1,752	3,170	110	2,430	—	11,738
Impaired loans collectively evaluated for impairment	1,199		1,680	14,338	225	1,445	4	18,891
All other loans collectively evaluated for impairment	21,768		21,436	33,356	4,516	25,573	432	107,081
Total	$	27,243	24,868	50,864	4,851	29,448	436	137,710
Financing receivables:
Impaired loans individually evaluated for impairment	$	40,527	76,475	16,836	11,141	64,190	—	209,169
Impaired loans collectively evaluated for impairment	19,077		6,783	104,201	—	7,441	22	137,524
All other loans collectively evaluated for impairment	665,591		166,729	781,401	116,215	1,153,907	22,632	2,906,475
Total	$	725,195	249,987	902,438	127,356	1,225,538	22,654	3,253,168