FDIC Indemnification and True-up Payment Obligation (Tables)

9 Months Ended

Sep. 30, 2016

FDIC Indemnification Asset and True-Up Payment Obligation Roll Forward

The following table presents the activity in the FDIC indemnification asset and true-up payment obligation for the quarters and nine-month periods ended September 30, 2016 and 2015:

	Quarter Ended September 30,				Nine-Month Period Ended September 30,
	2016		2015		2016		2015
	(In thousands)
FDIC indemnification asset:
Balance at beginning of period	$	18,426	$	22,704	$	22,599	$	97,378
Shared-loss agreements reimbursements from the FDIC		(87)		-		(824)		(17,171)
Shared-loss agreements reimbursements expected from the FDIC		-		-		-		(20,917)
Increase in expected credit losses to be covered under shared-loss agreements, net		818		-		3,213		2,503
FDIC indemnification asset expense		(1,910)		(1,215)		(6,179)		(35,948)
Net expenses (reimbursed) incurred under shared-loss agreement		(577)		1,406		(2,139)		(2,950)
Balance at end of period	$	16,670	$	22,895	$	16,670	$	22,895

True-up payment obligation:
Balance at beginning of period	$	25,771	$	23,577	$	24,658	$	21,981
Change in true-up payment obligation		508		864		1,621		2,460
Balance at end of period	$	26,279	$	24,441	$	26,279	$	24,441

Schedule Of Business Acquisitions By Acquisition Contingent Consideration Text Block

		September 30,		December 31,
	2016		2015
	(In thousands)
Carrying amount (fair value)	$	26,279	$	24,658
Undiscounted amount	$	33,661	$	34,956

FDIC Indemnification Asset Expense [Table Text block]

	Quarter Ended September 30,				Nine-Month Period Ended September 30,
	2016		2015		2016		2015
	(In thousands)				(In thousands)
FDIC indemnification asset expense	$	1,910	$	1,215	$	6,179	$	35,948
Change in true-up payment obligation		508		864		1,621		2,460
Reimbursement to FDIC for recoveries		878		-		2,945		-
Total FDIC shared-loss expense, net	$	3,296	$	2,079	$	10,745	$	38,408