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FDIC Indemnification Asset | 3 Months Ended
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Mar. 31, 2013
Fdic Indemnification Asset |
FDIC Indemnification Asset | Note 10 – 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 40 of the Company’s 2012 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) |  | March 31, 2013 |  |  | December 31, 2012 |  |  | March 31, 2012 |
Receivable related to loss claims incurred, not yet reimbursed |  | $ | 41,701 |  |  |  | 33,040 |  |  |  | 8,828 |
Receivable related to estimated future claims on loans |  |  | 53,054 |  |  |  | 62,044 |  |  |  | 85,859 |
Receivable related to estimated future claims on foreclosed real estate |  |  | 5,839 |  |  |  | 7,475 |  |  |  | 18,718 |
FDIC indemnification asset |  | $ | 100,594 |  |  |  | 102,559 |  |  |  | 113,405 |
The following presents a rollforward of the FDIC indemnification asset since December 31, 2012.
($ in thousands) |  |  |
Balance at December 31, 2012 |  | $ | 102,559 |
Increase related to unfavorable changes in loss estimates |  |  | 7,570 |
Increase related to reimbursable expenses |  |  | 1,287 |
Cash received |  |  | (6,899 | )
Accretion of loan discount |  |  | (2,926 | )
Other |  |  | (997 | )
Balance at March 31, 2013 |  | $ | 100,594 |

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