Note 4: Acquired Loans, Loss Sharing Agreements and FDIC Indemnification Assets: Schedule Of Sun Security Bank FDIC Indemnification Asset (Tables)

12 Months Ended

Dec. 31, 2014

Tables/Schedules

Schedule Of Sun Security Bank FDIC Indemnification Asset

	December 31, 2014
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$59,618	$2,325
Reclassification from nonaccretable discount
to accretable discount due to change in
expected losses (net of accretion to date)	(3,341)	--
Original estimated fair value of assets, net of
activity since acquisition date	(52,166)	(1,488)
Expected loss remaining	4,111	837
Assumed loss sharing recovery percentage	65%	80%
Expected loss sharing value	2,676	670
Indemnification asset to be amortized resulting from
change in expected losses	2,662	--
Accretable discount on FDIC indemnification asset	(267)	(64)
FDIC indemnification asset	$5,071	$606

	December 31, 2013
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$78,524	$3,582
Noncredit 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%
Expected 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