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FDIC Indemnification Asset | 3 Months Ended
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Mar. 31, 2014
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 41 of the Company’s 2013 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, 2014 |  |  | December 31, 2013 |  |  | March 31, 2013 |
Receivable related to loss claims incurred, not yet reimbursed |  | $ | 7,101 |  |  |  | 12,649 |  |  |  | 41,701 |
Receivable related to estimated future claims on loans |  |  | 24,764 |  |  |  | 33,398 |  |  |  | 53,054 |
Receivable related to estimated future claims on foreclosed real estate |  |  | 3,639 |  |  |  | 2,575 |  |  |  | 5,839 |
FDIC indemnification asset |  | $ | 35,504 |  |  |  | 48,622 |  |  |  | 100,594 |
The following presents a rollforward of the FDIC indemnification asset since December 31, 2013.
($ in thousands) |  |  |
Balance at December 31, 2013 |  | $ | 48,622 |
Increase related to unfavorable changes in loss estimates |  |  | 1,195 |
Increase related to reimbursable expenses |  |  | 1,104 |
Cash received |  |  | (9,384 | )
Accretion of loan discount |  |  | (5,936 | )
Other |  |  | (97 | )
Balance at March 31, 2014 |  | $ | 35,504 |

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