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FDIC Indemnification Asset | 6 Months Ended
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Jun. 30, 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) |  | June 30, 2013 |  |  | December 31, 2012 |  |  | June 30, 2012 |
Receivable related to loss claims incurred, not yet reimbursed |  | $ | 40,401 |  |  |  | 33,040 |  |  |  | 18,574 |
Receivable related to estimated future claims on loans |  |  | 45,866 |  |  |  | 62,044 |  |  |  | 79,308 |
Receivable related to estimated future claims on foreclosed real estate |  |  | 6,683 |  |  |  | 7,475 |  |  |  | 19,020 |
FDIC indemnification asset |  | $ | 92,950 |  |  |  | 102,559 |  |  |  | 116,902 |
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 |  |  | 9,514 |
Increase related to reimbursable expenses |  |  | 2,365 |
Cash received from FDIC |  |  | (12,018 | )
Accretion of loan discount |  |  | (8,216 | )
Other |  |  | (1,254 | )
Balance at June 30, 2013 |  | $ | 92,950 |

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