Covered Assets and FDIC Loss-sharing Asset (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017 and 2016:

	Three Months Ended March 31,
	2017			2016
	(in thousands)
Balance at beginning of period	$	3,535		$	6,568
Adjustments not reflected in income:
Cash paid to the FDIC, net	184			353
FDIC reimbursable losses (recoveries), net	(206		)	136
Adjustments reflected in income:
Amortization, net	(315		)	(1,332		)
Loan impairment	40			147
Sale of other real estate	7			144
Valuation adjustments of other real estate owned	—			18
Other	(6		)	(80		)
Balance at end of period	$	3,239		$	5,954

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, the non-single family and the single family covered assets as of the date indicated:

	March 31, 2017
	Columbia River Bank		American Marine Bank		Summit Bank		First Heritage Bank		Total
	(in thousands)
FDIC loss-sharing asset (liability)	$	158	$	1,676	$	1,313	$	92	$	3,239
Clawback liability	$	3,362	$	1,275	$	—	$	743	$	5,380
Non-single family covered assets	$	50,590	$	8,885	$	4,788	$	9,728	$	73,991
Single family covered assets	$	5,721	$	15,319	$	4,182	$	1,223	$	26,445
Loss-sharing expiration dates:
Non-single family	Expired		Expired		Expired		Expired
Single family	First Quarter 2020		First Quarter 2020		Second Quarter 2021		Second Quarter 2021
Recovery-sharing 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
Clawback settlement dates	First Quarter 2020		First Quarter 2020		Third Quarter 2021		Third Quarter 2021