Acquired SJB Assets and FDIC Loss Sharing Asset (Tables)

12 Months Ended

Dec. 31, 2015

Summary of PCI Loans and Lease Finance Receivables

The following table provides a summary of PCI loans and lease finance receivables by type and their credit quality indicators for the periods presented.


	December 31,
	2015			2014
	(Dollars in thousands)
Commercial and industrial	$	7,473		$	14,605
SBA		393			1,110
Real estate:
Commercial real estate		81,786			109,350
Construction		—			—
SFR mortgage		193			205
Dairy & livestock and agribusiness		1,429			4,890
Municipal lease finance receivables		—			—
Consumer and other loans		2,438			3,336

Gross PCI loans		93,712			133,496
Less: Purchase accounting discount		(3,872	)		(7,129	)

Gross PCI loans, net of discount		89,840			126,367
Less: Allowance for PCI loan losses		—			—

Net PCI loans	$	89,840		$	126,367

Summary of PCI Loans by Internal Risk Ratings by Loans

The following table summarizes PCI loans by internal risk ratings for the periods presented.


	December 31,
	2015		2014
	(Dollars in thousands)
Pass	$	24,210	$	26,706
Watch list		52,191		77,371
Special mention		11,142		8,203
Substandard		6,169		21,216
Doubtful & loss		—		—

Total PCI gross loans	$	93,712	$	133,496

Summary of Activity Related to FDIC Loss Sharing (Liability) Asset

The following table summarizes the activity related to the FDIC loss sharing (liability) asset for the periods presented.


	For the Year Ended December 31,
	2015			2014
	(Dollars in thousands)
Balance, beginning of period	$	299		$	4,764
FDIC share of additional losses, net of recoveries		(902	)		342
Cash paid to FDIC, net		1,089			1,134
Net amortization (1)		—			(3,932	)
Other reductions, net		(715	)		(2,009	)

Balance, end of period	$	(229	)	$	299

(1)	Net amortization included accelerated amortization as a result of loans being paid off in full, sold, or transferred to OREO.