Portfolio Assets (Tables) (Portfolio Assets)

3 Months Ended

Mar. 31, 2013

Portfolio Assets

Loan and real estate portfolios

Summary of loans receivable

	March 31, 2013
	(Dollars in thousands)
	Carrying		Allowance for		Carrying
	Value		Loan Losses		Value, net
Loan Portfolios:
Purchased Credit-Impaired Loans
Domestic:
Commercial real estate	$	24,518	$	29	$	24,489
Business assets	3,712		26		3,686
Other	2,669		—		2,669
Latin America - commercial real estate	1,046		331		715
Europe - commercial real estate	3,242		—		3,242
Other	4,561		31		4,530
Total Loan Portfolios	$	39,748	$	417	39,331
Real estate held for sale, net					12,133
Total Portfolio Assets					$	51,464

	December 31, 2012
	(Dollars in thousands)
	Carrying		Allowance for		Carrying
	Value		Loan Losses		Value, net
Loan Portfolios:
Purchased Credit-Impaired Loans
Domestic:
Commercial real estate	$	28,487	$	—	$	28,487
Business assets	4,047		26		4,021
Other	3,087		—		3,087
Latin America - commercial real estate	1,034		327		707
Europe - commercial real estate	3,449		—		3,449
Other	5,194		41		5,153
Total Loan Portfolios	$	45,298	$	394	44,904
Real estate held for sale, net					10,171
Total Portfolio Assets					$	55,075

Summary of income from portfolio assets

	Three Months Ended
	March 31,
	2013		2012
	(Dollars in thousands)
Loan Portfolios:
Purchased Credit-Impaired Loans	$	1,605	$	7,575
Purchased performing loans	91		71
Other	36		35
Real Estate Portfolios	204		824
Income from Portfolio Assets	$	1,936	$	8,505

Schedule of changes in accretable yield related to purchased credit-impaired loans

	Three Months Ended
	March 31,
	2013			2012
	(Dollars in thousands)
Beginning Balance	$	—		$	4,732
Accretion	(14		)	(347		)
Reclassification from (to) nonaccretable difference	42			18
Disposals	(28		)	(25		)
Ending Balance	$	—		$	4,378

Schedule of acquisitions of purchased credit-impaired loans

	Three Months Ended
	March 31,
	2013		2012
	(Dollars in thousands)
Face value at acquisition	$	3,599	$	5,205
Cash flows expected to be collected at acquisition, net of adjustments	612		1,699
Basis in acquired loans at acquisition	356		382

Schedule of changes in the allowance for loan losses

	Purchased Credit-Impaired Loans
	Domestic							Latin America				Europe
	Commercial			Business				Commercial		Residential		Commercial
(dollars in thousands)	Real Estate			Assets		Other		Real Estate		Real Estate		Real Estate		Other			Total
Beginning balance, January 1, 2013	$	—		$	26	$	—	$	327	$	—	$	—	$	41		$	394
Provisions	61			—		—		—		—		—		—			61
Recoveries	—			—		—		—		—		—		(10		)	(10		)
Charge offs	(32		)	—		—		—		—		—		—			(32		)
Translation adjustments	—			—		—		4		—		—		—			4
Ending balance, March 31, 2013	$	29		$	26	$	—	$	331	$	—	$	—	$	31		$	417

Changes in the allowance for loan losses related to our loan Portfolio Assets for the three-month month period ended March 31, 2012, are as follows:

	Purchased Credit-Impaired Loans
	Domestic									Latin America				Europe
	Commercial			Business						Commercial		Residential		Commercial
(dollars in thousands)	Real Estate			Assets			Other			Real Estate		Real Estate		Real Estate		Other		Total
Beginning balance, January 1, 2012	$	553		$	185		$	38		$	—	$	—	$	—	$	5	$	781
Provisions	128			62			5			—		—		—		—		195
Recoveries	—			(44		)	—			—		—		—		—		(44		)
Charge offs	(171		)	(3		)	(5		)	—		—		—		—		(179		)
Translation adjustments	—			—			—			—		—		—		—		—
Ending balance, March 31, 2012	$	510		$	200		$	38		$	—	$	—	$	—	$	5	$	753

Schedule of recorded investment in loan portfolio assets by collateral type

	March 31,		December 31,
	2013		2012
	(Dollars in thousands)
Commercial real estate	$	28,446	$	32,643
Business assets	3,686		4,021
Other commercial	7,199		8,240
	$	39,331	$	44,904