Foreclosed Assets Held For Sale

12 Months Ended

Dec. 31, 2011

Foreclosed Assets Held For Sale [Abstract]

Foreclosed Assets Held For Sale

Note 6:    Foreclosed Assets Held for Sale

Major classifications of foreclosed assets at December 31, 2011 and 2010 were as follows:

	2011	2010
	(In Thousands)
One-to four-family construction	$1,630	$2,510
Subdivision construction	15,573	19,816
Land development	13,634	10,620
Commercial construction	2,747	3,997
One-to four-family residential	1,849	2,896
Other residential	7,853	4,178
Commercial real estate	2,290	4,565
Commercial business	85	—
Consumer	1,211	318
	46,872	48,900
FDIC-supported foreclosed assets, net of discounts	20,749	11,362
	$67,621	$60,262

Expenses applicable to foreclosed assets for the years ended December 31, 2011, 2010 and 2009 included the following:

	2011	2010	2009
	(In Thousands)
Net gain on sales of real estate	$(1,504)	$(1,045)	$(1,915)
Valuation write-downs	10,437	3,169	3,894
Operating expenses, net of rental
income	2,913	2,790	2,980
	$11,846	$4,914	$4,959