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

3 Months Ended

Mar. 31, 2014

Tables/Schedules

Schedule of Sun Security Bank FDIC Indemnification Asset

	March 31, 2014
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$74,764	$2,192
Non-credit premium/(discount), net of activity since acquisition date	(21)	--
Reclassification from nonaccretable discount to accretable discount    due to change in expected losses (net of accretion to date)	(4,543)	--
Original estimated fair value of assets, net of activity since
acquisition date	(63,130)	(1,250)
Expected loss remaining	7,070	942
Assumed loss sharing recovery percentage	74%	80%
Estimated loss sharing value	5,245	754
Indemnification asset to be amortized resulting from
change in expected losses	3,232	--
Accretable discount on FDIC indemnification asset	(543)	(63)
FDIC indemnification asset	$7,934	$691

	December 31, 2013
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$78,524	$3,582
Non-credit premium/(discount), net of activity since acquisition date	(105)	--
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(5,062)	--
Original estimated fair value of assets, net of activity since
acquisition date	(64,843)	(2,193)
Expected loss remaining	8,514	1,389
Assumed loss sharing recovery percentage	70%	80%
Estimated loss sharing value	5,974	1,111
Indemnification asset to be amortized resulting from
change in expected losses	4,049	--
Accretable discount on FDIC indemnification asset	(680)	(93)
FDIC indemnification asset	$9,343	$1,018