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Note 8: Loss Sharing Agreements and FDIC Indemnification Assets: InterBank Indemnification Asset Policy (Policies) | 3 Months Ended
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Sep. 30, 2012
Policies |
InterBank Indemnification Asset Policy | InterBank Indemnification Asset. The following table presents the balances of the FDIC indemnification asset related to the InterBank transaction at September 30, 2012. At September 30, 2012, the Company concluded that the assumptions utilized to determine the preliminary fair value of loans, foreclosed assets and the FDIC indemnification asset had not materially changed since the analysis performed at acquisition on April 27, 2012. Expected cash flows and the present value of future cash flows related to these assets also did not materially change since the analysis performed at acquisition on April 27, 2012. Gross loan balances (due from the borrower) were reduced approximately $22.4 million since the transaction date because of $20.5 million of repayments by the borrower and $1.9 million of charge-offs to customer loan balances.

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