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FDIC Indemnification Asset | 6 Months Ended
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Jun. 30, 2012
Fdic Indemnification Asset |
FDIC Indemnification Asset | Note 9 - FDIC Indemnification Asset The FDIC indemnification asset is the estimated amount that the Company will receive from the FDIC under loss share agreements associated with two FDIC-assisted failed bank acquisitions. See page 38 of the Company's 2011 Annual Report on Form 10-K for a detailed explanation of this asset. The FDIC indemnification asset was comprised of the following components as of the dates shown:
($ in thousands) |  | June 30, 2012 |  |  | December 31, 2011 |  |  | June 30, 2011 |
Receivable related to claims submitted, not yet received |  | $ | 18,574 |  |  |  | 13,377 |  |  |  | 27,668 |
Receivable related to estimated future claims on loans |  |  | 79,308 |  |  |  | 90,275 |  |  |  | 100,953 |
Receivable related to estimated future claims on other real estate owned |  |  | 19,020 |  |  |  | 18,025 |  |  |  | 14,273 |
FDIC indemnification asset |  | $ | 116,902 |  |  |  | 121,677 |  |  |  | 142,894 |
The following presents a rollforward of the FDIC indemnification asset since December 31, 2011.
($ in thousands) |  |  |
Balance at December 31, 2011 |  | $ | 121,677 |
Increase related to unfavorable changes in loss estimates |  |  | 12,298 |
Increase related to reimbursable expenses |  |  | 3,183 |
Cash received |  |  | (15,286 | )
Accretion of loan discount |  |  | (4,694 | )
Other |  |  | (276 | )
Balance at June 30, 2012 |  | $ | 116,902 |

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