v2.4.1.9
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