Note 7: Acquired Loans, Loss Sharing Agreements and FDIC Indemnification Assets: FDIC Indemnification Asset Roll Forward (Tables)

3 Months Ended

Mar. 31, 2017

TeamBank

FDIC Indemnification Asset Roll Forward

	March 31, 2017
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$           16,319	$                   14
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(766)	—
Original estimated fair value of assets, net of activity since
acquisition date	(15,394)	(14)
Expected loss remaining	$                159	$                   —

	December 31, 2016
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$           18,838	$                   14
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(846)	—
Original estimated fair value of assets, net of activity since
acquisition date	(17,833)	(14)
Expected loss remaining	$                159	$                   —

Vantus Bank

FDIC Indemnification Asset Roll Forward

	March 31, 2017
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$22,317	$15
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(203)	—
Original estimated fair value of assets, net of activity since
acquisition date	(21,877)	(15)
Expected loss remaining	$237	$—

	December 31, 2016
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$23,712	$15
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(239)	—
Original estimated fair value of assets, net of activity since
acquisition date	(23,232)	(15)
Expected loss remaining	$241	$—

Sun Security Bank

FDIC Indemnification Asset Roll Forward

	March 31, 2017
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$31,733	$400
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(890)	—
Original estimated fair value of assets, net of activity since
acquisition date	(29,846)	(321)
Expected loss remaining	$997	$79

	December 31, 2016
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$33,579	$365
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(1,086)	—
Original estimated fair value of assets, net of activity since
acquisition date	(31,499)	(286)
Expected loss remaining	$994	$79

InterBank

FDIC Indemnification Asset Roll Forward

	March 31, 2017
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$        138,766	$             2,875
Non-credit premium/(discount), net of activity since acquisition date	467	—
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(1,366)	—
Original estimated fair value of assets, net of activity since
acquisition date	(123,902)	(2,875)
Expected loss remaining	13,965	—
Assumed loss sharing recovery percentage	84%	—
Estimated loss sharing value	11,727	—
FDIC loss share clawback	813	—
Indemnification asset to be amortized resulting from
change in expected losses	1,092	—
Accretable discount on FDIC indemnification asset	(846)	—
FDIC indemnification asset	$           12,786	$                   —

	December 31, 2016
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$        149,657	$             1,417
Non-credit premium/(discount), net of activity since acquisition date	543	—
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(1,984)	—
Original estimated fair value of assets, net of activity since
acquisition date	(134,355)	(1,417)
Expected loss remaining	13,861	—
Assumed loss sharing recovery percentage	84%	—
Estimated loss sharing value	11,644	—
FDIC loss share clawback	953	—
Indemnification asset to be amortized resulting from
change in expected losses	1,586	—
Accretable discount on FDIC indemnification asset	(1,038)	—
FDIC indemnification asset	$           13,145	$                   —

Valley Bank

FDIC Indemnification Asset Roll Forward

	March 31, 2017
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis, net of activity since acquisition date	$           74,986	$             2,309
Non-credit premium/(discount), net of activity since acquisition date	148	—
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(1,225)	—
Original estimated fair value of assets, net of activity since
acquisition date	(68,003)	(2,307)
Expected loss remaining	$             5,906	$                     2

	December 31, 2016
		Foreclosed
	Loans	Assets
	(In Thousands)
Initial basis, net of activity since acquisition date	$           84,283	$             1,973
Non-credit premium/(discount), net of activity since acquisition date	228	—
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(2,121)	—
Original estimated fair value of assets, net of activity since
acquisition date	(76,231)	(1,952)
Expected loss remaining	$             6,159	$                   21