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FDIC Indemnification Asset (Tables)
 12 Months Ended
Dec. 31, 2013
Changes in Receivable from FDIC

The following table presents activity in the FDIC indemnification asset in the periods indicated:

 

     Year Ended December 31,  
(Amounts in thousands)        2013             2012      

Beginning balance

    $ 48,149      $ —     

FDIC loss share receivable — Waccamaw acquisition

      —          49,755   

Increase in estimated losses on covered loans

      451        —     

Increase in estimated losses on covered OREO

      4,425        637   

Reimbursable expenses from the FDIC

      1,574        273   

Net (amortization) accretion

      (5,597 )      458   

Reimbursements from the FDIC

      (14,311 )      (2,974 ) 
  

 

 

    

 

 

  

Ending balance

    $ 34,691      $ 48,149