XML 45 R34.htm IDEA: XBRL DOCUMENT

FDIC Indemnification and True-up Payment Obligation (Tables)

3 Months Ended

Mar. 31, 2017

Banking and Thrift [Abstract]

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 ended March 31, 2017 and 2016:

	Quarter Ended March 31,
	2017			2016
	(In thousands)
FDIC indemnification asset:
Balance at beginning of period	$	14,411		$	22,599
Shared-loss agreements reimbursements from the FDIC		-			(406)
Increase in expected credit losses to be covered under shared-loss agreements, net		-			1,444
FDIC indemnification asset benefit (expense)		1,403			(2,865)
Net expenses incurred under shared-loss agreements		-			151
Shared-loss termination settlement		(15,814)			-
Balance at end of period	$	-		$	20,923

True-up payment obligation:
Balance at beginning of period	$	26,786		$	24,658
Change in true-up payment obligation		-			577
Shared-loss termination settlement		(26,786)			-
Balance at end of period	$	-		$	25,235

FDIC Indemnification Asset Expense [Table Text block]

	Quarter Ended March 31,
	2017			2016
	(In thousands)
FDIC indemnification asset (benefit) expense	$	(1,403)		$	2,865
Change in true-up payment obligation		-			577
Reimbursement to FDIC for recoveries		-			587
Total FDIC shared-loss (benefit) expense, net	$	(1,403)		$	4,029