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Note 4: Acquired Loans, Loss Sharing Agreements and FDIC Indemnification Assets: FDIC Indemnification Asset Roll Forward (Tables)
12 Months Ended
Dec. 31, 2016
TeamBank  
FDIC Indemnification Asset Roll Forward

 

 

December 31, 2016

 

 

 

Foreclosed

 

Loans

 

Assets

 

(In Thousands)

 

 

 

 

Initial basis for loss sharing determination,

 

 

 

net of activity since acquisition date

$           18,838

 

$                   14

Reclassification from nonaccretable discount

 

 

 

to accretable discount due to change in

                 (846)

 

                     —

expected losses (net of accretion to date)

 

 

 

Original estimated fair value of assets, net of

 

 

 

activity since acquisition date

           (17,833)

 

                   (14)

 

 

 

 

Expected loss remaining

$                159

 

$                   —

 

 

December 31, 2015

 

 

 

Foreclosed

 

Loans

 

Assets

 

(In Thousands)

 

 

 

 

Initial basis for loss sharing determination,

 

 

 

net of activity since acquisition date

$           29,115

 

$                   —

Reclassification from nonaccretable discount

 

 

 

to accretable discount due to change in

              (1,285)

 

                     —

expected losses (net of accretion to date)

 

 

 

Original estimated fair value of assets, net of

 

 

 

activity since acquisition date

           (27,660)

 

                     —

Expected loss remaining

                   170

 

                     —

Assumed loss sharing recovery percentage

                    90%

 

                       0 %

Expected loss sharing value

                   154

 

                     —

Indemnification asset to be amortized resulting from

                         

 

                     —                     —

change in expected losses

                  241

 

                     —

 

 

 

 

FDIC indemnification asset

$                395

 

$                   —