FDIC Shared-Loss Payable

6 Months Ended

Jun. 30, 2021

FDIC Shared-Loss Receivable [Abstract]

FDIC Shared-Loss Receivable

FDIC SHARED-LOSS PAYABLE

For certain FDIC-assisted transactions, the related shared-loss agreement included a provision requiring a payment owed to the FDIC at the termination of the agreement. As of June 30, 2021, these agreements have been satisfied following a $16.1 million payment made to the FDIC related to the final active agreement.

The following table provides changes in the FDIC shared-loss payable since December 31, 2020:

(Dollars in thousands)	Total
Balance at December 31, 2020	$	15,601
Accretion	502
Payment made to the FDIC to settle shared-loss agreement	(16,103)
Balance at June 30, 2021	$	—