Note 8: Loss Sharing Agreements and Fdic Indemnification Assets: Schedule of Sun Security Bank FDIC Indemnification Asset (Tables)

3 Months Ended

Sep. 30, 2013

Tables/Schedules

Schedule of Sun Security Bank FDIC Indemnification Asset

	September 30, 2013
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$86,700	$7,143
Non-credit premium/(discount), net of activity since acquisition date	(252)	--
Reclassification from nonaccretable discount to accretable discount    due to change in expected losses (net of accretion to date)	(4,688)	--
Original estimated fair value of assets, net of activity since
acquisition date	(70,020)	(4,929)
Expected loss remaining	11,740	2,214
Assumed loss sharing recovery percentage	73%	80%
Estimated loss sharing value	8,555	1,771
Indemnification asset to be amortized resulting from
change in expected losses	3,718	--
Accretable discount on FDIC indemnification asset	(832)	(93)
FDIC indemnification asset	$11,441	$1,678

	December 31, 2012
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$126,933	$10,980
Non-credit premium/(discount), net of activity since acquisition date	(1,079)	--
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(4,182)	--
Original estimated fair value of assets, net of activity since
acquisition date	(91,519)	(6,227)
Expected loss remaining	30,153	4,753
Assumed loss sharing recovery percentage	76%	80%
Estimated loss sharing value	23,017	3,785
Indemnification asset to be amortized resulting from
change in expected losses	3,345	--
Accretable discount on FDIC indemnification asset	(2,867)	(561)
FDIC indemnification asset	$23,495	$3,224