FDIC loss share (expense) income (Tables)

9 Months Ended

Sep. 30, 2012

F D I C Loss Share Expense Income Table [Text Block]

			Quarters ended September 30,				Nine months ended September 30,
(In thousands)			2012		2011		2012		2011
(Amortization) accretion of loss share indemnification asset		$	(29,184)	$	(21,072)	$	(95,972)	$	13,361
80% mirror accounting on credit impairment losses[1]			18,095		20,458		60,943		71,787
80% mirror accounting on reimbursable expenses[2]			7,378		(447)		19,846		570
80% mirror accounting on discount accretion on loans
	unfunded commitments accounted for under ASC 310-20		(248)		(2,916)		(744)		(32,919)
Change in true-up payment obligation			(2,991)		(1,640)		(4,849)		(4,684)
Other			243		256		1,389		1,229
Total FDIC loss share (expense) income		$	(6,707)	$	(5,361)	$	(19,387)	$	49,344
[1] Reductions in expected cash flows for ASC 310-30 loans, which may impact the provision for loan losses, may consider reductions in both principal and interest cash flow expectations. The amount covered under the FDIC loss sharing agreements for interest not collected from borrowers is limited under the agreements (approximately 90 days); accordingly, these amounts are not subject fully to the 80% mirror accounting.
[2] Amounts presented are net of the mirror accounting on gains on sales of foreclosed assets.