Covered Assets and FDIC Loss-sharing Asset (Tables)

3 Months Ended

Mar. 31, 2015

Covered Assets And FDIC Loss Sharing Asset [Line Items]

FDIC Loss-sharing Asset

The following table shows a detailed analysis of the FDIC loss-sharing asset for the three months ended March 31, 2015 and 2014:

	Three Months Ended March 31,
	2015			2014
	(in thousands)
Balance at beginning of period	$	15,174		$	39,846
Adjustments not reflected in income:
Cash payments to (from) the FDIC	(659		)	1,678
FDIC reimbursable losses (recoveries), net	(21		)	132
Adjustments reflected in income:
Amortization, net	(2,294		)	(6,452		)
Loan impairment	1,532			1,938
Sale of other real estate	(420		)	(756		)
Write-downs of other real estate	1,071			516
Other	261			(65		)
Balance at end of period	$	14,644		$	36,837

Schedule of FDIC Loss-Sharing Agreements and Covered Assets [Table Text Block]

The following table presents information about the composition of the FDIC loss-sharing asset, the clawback liability, and the non-single family and the single family covered assets as of the date indicated:

	March 31, 2015
	Columbia River Bank		American Marine Bank		Summit Bank		First Heritage Bank		Total
	(in thousands)
FDIC loss-sharing asset	$	2,124	$	4,824	$	4,162	$	3,534	$	14,644
Clawback liability	$	4,063	$	136	$	—	$	—	$	4,199
Non-single family covered assets	$	107,135	$	16,914	$	13,856	$	22,763	$	160,668
Single family covered assets	$	9,994	$	26,391	$	6,322	$	2,479	$	45,186
Loss-sharing expiration dates:
Non-single family	First Quarter 2015		First Quarter 2015		Second Quarter 2016		Second Quarter 2016
Single family	First Quarter 2020		First Quarter 2020		Second Quarter 2021		Second Quarter 2021
Loss recovery expiration dates:
Non-single family	First Quarter 2018		First Quarter 2018		Second Quarter 2019		Second Quarter 2019
Single family	First Quarter 2020		First Quarter 2020		Second Quarter 2021		Second Quarter 2021