PARENT COMPANY ONLY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS

	December 31,
	2013		2012
	(dollars expressed in thousands)
Assets
Cash deposited in First Bank (unrestricted cash)	$	1,864	2,744
Investment in common securities - TRuPS	10,678		10,678
Investment in subsidiaries	838,489		657,838
Other assets	42,982		3,583
Total assets	$	894,013	674,843
Liabilities and Stockholders’ Equity
Subordinated debentures	$	354,210	354,133
Accrued interest payable - TRuPS	62,855		47,878
Dividends payable	77,800		61,931
Accrued expenses and other liabilities	4,726		4,597
Total liabilities	499,591		468,539
First Banks, Inc. stockholders’ equity	394,422		206,304
Total liabilities and stockholders’ equity	$	894,013	674,843

CONDENSED STATEMENTS OF OPERATIONS

CONDENSED STATEMENTS OF OPERATIONS

	Years Ended December 31,
	2013			2012		2011
	(dollars expressed in thousands)
Income:
Management fees from subsidiaries	$	23		3		28
Net loss on derivative instruments	—			(43	)	(194	)
Other	458			578		509
Total income	481			538		343
Expense:
Interest	15,054			14,847		13,623
Other	933			1,506		(374	)
Total expense	15,987			16,353		13,249
Loss before benefit for income taxes and equity in undistributed earnings (losses) of subsidiaries	(15,506		)	(15,815	)	(12,906	)
Benefit for income taxes	(38,841		)	(348	)	(46	)
Income (loss) before equity in undistributed earnings (losses) of subsidiaries	23,335			(15,467	)	(12,860	)
Equity in undistributed earnings (losses) of subsidiaries	218,409			41,745		(28,290	)
Net income (loss) attributable to First Banks, Inc.	$	241,744		26,278		(41,150	)

CONDENSED STATEMENTS OF CASH FLOWS

CONDENSEDSTATEMENTSOFCASHFLOWS

	Years Ended December 31,
	2013			2012		2011
	(dollars expressed in thousands)
Cash flows from operating activities:
Net income (loss) attributable to First Banks, Inc.	$	241,744		26,278		(41,150	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Net (income) loss of subsidiaries	(218,409		)	(41,745	)	28,290
Other, net	(24,215		)	15,410		12,042
Net cash used in operating activities	(880		)	(57	)	(818	)
Cash flows from financing activities:
Payment of preferred stock dividends	—			—		—
Net cash used in financing activities	—			—		—
Net decrease in unrestricted cash	(880		)	(57	)	(818	)
Unrestricted cash, beginning of year	2,744			2,801		3,619
Unrestricted cash, end of year	$	1,864		2,744		2,801
Noncash investing activities:
Cash paid for interest	$	—		—		—