FDIC loss share expense

3 Months Ended

Mar. 31, 2019

Disclosure Text Block

FDIC Loss Share (Expense) Income

Note 29 – FDIC loss share expense

The caption of FDIC loss-share expense in the Consolidated Statements of Operations consists of the following major categories:

		Quarter ended March 31,
(In thousands)				2018
Amortization			$	(934)
80% mirror accounting on credit impairment losses				104
80% mirror accounting on reimbursable expenses				537
80% mirror accounting on recoveries on covered assets, including rental income on OREOs, subject
	to reimbursement to the FDIC			(1,658)
Change in true-up payment obligation				(6,112)
Other				36
Total FDIC loss share expense			$	(8,027)