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

3 Months Ended

Mar. 31, 2014

Tables/Schedules

Schedule of Vantus Bank FDIC Indemnification Asset

	March 31, 2014
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$54,768	$2,344
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(804)	--
Original estimated fair value of assets, net of activity since
acquisition date	(53,094)	(1,690)
Expected loss remaining	870	654
Assumed loss sharing recovery percentage	75%	26%
Estimated loss sharing value(1)	649	173
Indemnification asset to be amortized resulting from
change in expected losses	583	--
Accretable discount on FDIC indemnification asset	(18)	--
FDIC indemnification asset	$1,214	$173

(1)           Includes $350,000 impairment of indemnification asset for foreclosed assets.

	December 31, 2013
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$60,011	$1,986
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(1,202)	--
Original estimated fair value of assets, net of activity since
acquisition date	(57,920)	(1,092)
Expected loss remaining	889	894
Assumed loss sharing recovery percentage	78%	80%
Estimated loss sharing value	690	716
Indemnification asset to be amortized resulting from
change in expected losses	919	--
Accretable discount on FDIC indemnification asset	(32)	--
FDIC indemnification asset	$1,577	$716