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BUSINESS SEGMENT RESULTS (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Schedule of Business Segment Results
The business segment results are summarized as follows:
 
First Bank
 
Corporate, Other and Intercompany Reclassifications
 
Consolidated Totals
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
 
(dollars expressed in thousands)
Balance sheet information:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment securities
$
2,351,931

 
2,675,280

 
2,470,704

 
—

 
—

 
—

 
2,351,931

 
2,675,280

 
2,470,704

Total loans
2,857,095

 
2,930,747

 
3,284,279

 
—

 
—

 
—

 
2,857,095

 
2,930,747

 
3,284,279

FRB and FHLB stock
27,357

 
27,329

 
27,078

 
—

 
—

 
—

 
27,357

 
27,329

 
27,078

Goodwill
—

 
125,267

 
125,267

 
—

 
—

 
—

 
—

 
125,267

 
125,267

Assets of discontinued operations
—

 
6,706

 
6,913

 
—

 
—

 
—

 
—

 
6,706

 
6,913

Total assets
5,865,160

 
6,495,226

 
6,593,515

 
53,823

 
13,900

 
15,398

 
5,918,983

 
6,509,126

 
6,608,913

Deposits
4,815,792

 
5,495,624

 
5,625,889

 
(1,897
)
 
(2,777
)
 
(2,834
)
 
4,813,895

 
5,492,847

 
5,623,055

Other borrowings
43,143

 
26,025

 
51,170

 
—

 
—

 
—

 
43,143

 
26,025

 
51,170

Subordinated debentures
—

 
—

 
—

 
354,210

 
354,133

 
354,057

 
354,210

 
354,133

 
354,057

Liabilities of discontinued operations
—

 
155,711

 
174,737

 
—

 
—

 
—

 
—

 
155,711

 
174,737

Stockholders’ equity
931,561

 
751,252

 
680,625

 
(443,305
)
 
(451,293
)
 
(416,954
)
 
488,256

 
299,959

 
263,671



 
First Bank
 
Corporate, Other and Intercompany Reclassifications
 
Consolidated Totals
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
 
(dollars expressed in thousands)
Income statement information:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
$
172,810

 
200,682

 
230,974

 
—

 
121

 
85

 
172,810

 
200,803

 
231,059

Interest expense
9,054

 
14,773

 
30,026

 
15,050

 
14,838

 
13,612

 
24,104

 
29,611

 
43,638

Net interest income (loss)
163,756

 
185,909

 
200,948

 
(15,050
)
 
(14,717
)
 
(13,527
)
 
148,706

 
171,192

 
187,421

Provision (benefit) for loan losses
(5,000
)
 
2,000

 
69,000

 
—

 
—

 
—

 
(5,000
)
 
2,000

 
69,000

Net interest income (loss) after provision (benefit) for loan losses
168,756

 
183,909

 
131,948

 
(15,050
)
 
(14,717
)
 
(13,527
)
 
153,706

 
169,192

 
118,421

Noninterest income
64,666

 
65,573

 
61,705

 
454

 
405

 
219

 
65,120

 
65,978

 
61,924

Goodwill impairment
107,267

 
—

 
—

 
—

 
—

 
—

 
107,267

 
—

 
—

Amortization of intangible assets
—

 
—

 
3,024

 
—

 
—

 
—

 
—

 
—

 
3,024

Other noninterest expense
178,450

 
198,997

 
223,059

 
910

 
1,510

 
(378
)
 
179,360

 
200,507

 
222,681

(Loss) income from continuing operations before (benefit) provision for income taxes
(52,295
)
 
50,485

 
(32,430
)
 
(15,506
)
 
(15,822
)
 
(12,930
)
 
(67,801
)
 
34,663

 
(45,360
)
(Benefit) provision for income taxes
(249,137
)
 
230

 
(10,608
)
 
(39,364
)
 
(369
)
 
(46
)
 
(288,501
)
 
(139
)
 
(10,654
)
Net income (loss) from continuing operations, net of tax
196,842

 
50,255

 
(21,822
)
 
23,858

 
(15,453
)
 
(12,884
)
 
220,700

 
34,802

 
(34,706
)
Income (loss) from discontinued operations, net of tax
21,223

 
(8,821
)
 
(9,394
)
 
—

 
—

 
—

 
21,223

 
(8,821
)
 
(9,394
)
Net income (loss)
218,065

 
41,434

 
(31,216
)
 
23,858

 
(15,453
)
 
(12,884
)
 
241,923

 
25,981

 
(44,100
)
Net income (loss) attributable to noncontrolling interest in subsidiary
179

 
(297
)
 
(2,950
)
 
—

 
—

 
—

 
179

 
(297
)
 
(2,950
)
Net income (loss) attributable to First Banks, Inc.
$
217,886

 
41,731

 
(28,266
)
 
23,858

 
(15,453
)
 
(12,884
)
 
241,744

 
26,278

 
(41,150
)