FDIC-Acquired Loans and Loss Sharing Agreements (Tables)

12 Months Ended

Dec. 31, 2020

FDIC-Acquired Loans and Loss Sharing Agreements

Schedule of FDIC Indemnification Asset Policy


					Sun Security
	TeamBank		Vantus Bank		Bank		InterBank		Valley Bank
	(In Thousands)

December 31, 2020
Gross loans receivable	$	5,393	$	8,052	$	13,395	$	44,215	$	31,515
Balance of accretable discount due to change in expected losses		(97)		(35)		(180)		(1,079)		(612)
Net carrying value of loans receivable		(5,266)		(8,004)		(13,111)		(42,057)		(30,204)
Expected loss remaining	$	30	$	13	$	104	$	1,079	$	699


December 31, 2019
Gross loans receivable	$	7,304	$	9,899	$	17,906	$	60,430	$	41,032
Balance of accretable discount due to change in expected losses		(159)		(89)		(374)		(5,143)		(1,803)
Net carrying value of loans receivable		(7,118)		(9,797)		(17,392)		(54,442)		(38,452)
Expected loss remaining	$	27	$	13	$	140	$	845	$	777

Schedule of Impact of Adjustments of Acquired Loans on Financial Results


	Year Ended December 31,
	2020		2019		2018

	(In Thousands)

Increase in accretable yield due to increased cash flow expectations	$	—	$	12,323	$	5,202

Schedule of Impact of Acquired Loans on Financial Results


	Year Ended December 31,
	2020		2019		2018

	(In Thousands)

Interest income and net impact to pre-tax income	$	5,574	$	7,431	$	5,134

Schedule Of Accretable Yield Changes For Acquired Loans


					Sun
	TeamBank		Vantus Bank		Security Bank		InterBank		Valley Bank

	(In Thousands)
Balance, January 1, 2018		2,071		1,850		2,901		5,074		2,695
Accretion		(1,042)		(1,196)		(1,667)		(8,349)		(3,892)
Reclassification from nonaccretable difference⁽¹⁾		327		778		1,008		8,269		4,260

Balance, December 31, 2018		1,356		1,432		2,242		4,994		3,063
Accretion		(955)		(1,006)		(1,562)		(8,798)		(4,302)
Reclassification from nonaccretable difference⁽¹⁾		756		697		1,268		12,081		5,817

Balance, December 31, 2019	$	1,157	$	1,123	$	1,948	$	8,277	$	4,578
Accretion		(479)		(831)		(1,046)		(6,791)		(3,005)
Reclassification from nonaccretable difference⁽¹⁾		198		451		493		2,219		2,764

Balance, December 31, 2020	$	876	$	743	$	1,395	$	3,705	$	4,337

(1)

Represents increases in estimated cash flows expected to be received from the acquired loan pools, primarily due to lower estimated credit losses. The numbers also include changes in expected accretion of the loan pools for TeamBank, Vantus Bank, Sun Security Bank, InterBank and Valley Bank for the year ended December 31, 2020, totaling $198,000, $451,000, $493,000, $2.2 million and $2.8 million, respectively; TeamBank, Vantus Bank, Sun Security Bank, InterBank and Valley Bank for the year ended December 31, 2019, totaling $667,000, $480,000, $810,000, $3.9 million and $2.5 million, respectively; for TeamBank, Vantus Bank, Sun Security Bank, InterBank and Valley Bank for the year ended December 31, 2018, totaling $312,000, $778,000, $756,000, $4.1 million and $3.5 million, respectively.