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Note 4: Acquired Loans, Loss Sharing Agreements and FDIC Indemnification Assets: Schedule of Valley Bank FDIC Indemnification Asset (Tables) | 12 Months Ended
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Dec. 31, 2014
Tables/Schedules |
Schedule of Valley Bank FDIC Indemnification Asset |
| December 31, 2014
|  |  | Foreclosed
| Loans |  | Assets
(In Thousands) |  |  |
Initial basis, net of activity |  |  |
since acquisition date | $145,845 |  | $778
Noncredit premium/(discount), net of |  |  |
activity since acquisition date | 1,514 |  | --
Reclassification from nonaccretable discount |  |  |
to accretable discount due to change in |  |  |
expected losses (net of accretion to date) | (1,519) |  | --
Original estimated fair value of assets, net of |  |  |
activity since acquisition date | (121,982) |  | (778)
Expected loss remaining | $23,858 |  | $--
| June 20, 2014
|  |  | Foreclosed
| Loans |  | Assets
(In Thousands) |  |  |
Initial basis | $193,186 |  | $--
Noncredit premium/(discount) | 2,015 |  | --
Original estimated fair value of assets | (165,098) |  | --
Expected loss remaining | $30,103 |  | $--

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