Business Combinations (Tables)

9 Months Ended

Sep. 30, 2012

Summary Of Acquisition Of Certain Assets And The Assumption Of Liabilities, Of Seven Financial Institutions In FDIC-Assisted Transactions

The following table presents details related to these transactions:



(Dollars in thousands)	Lincoln Park		Wheatland		Ravenswood		Community First Bank - Chicago		The Bank of Commerce		First Chicago		Charter National		Second Federal		First United Bank
Date of acquisition	April 23, 2010		April 23, 2010		August 6, 2010		February 4, 2011		March 25, 2011		July 8, 2011		February 10, 2012		July 20, 2012		September 28, 2012
Fair value of assets acquired, at the acquisition date	$	157,078	$	343,870	$	173,919	$	50,891	$	173,986	$	768,873	$	92,409	$	171,625	$	328,142
Fair value of loans acquired, at the acquisition date	103,420		175,277		97,956		27,332		77,887		330,203		45,555		—		78,832
Fair value of liabilities assumed, at the acquisition date	192,018		415,560		122,943		49,779		168,472		741,508		91,570		171,582		321,552
Fair value of reimbursable losses, at the acquisition date⁽¹⁾	23,289		90,478		43,996		6,672		48,853		273,311		13,164		—		65,100
Gain on bargain purchase recognized	4,179		22,315		6,842		1,957		8,627		27,390		785		43		6,590

(1) As no assets subject to loss sharing agreements were acquired in the acquisition of Second Federal, there was no fair value of reimbursable losses recorded.

Summary Of FDIC Indemnification Asset

The following table summarizes the activity in the Company’s FDIC indemnification asset during the periods indicated:



	Three Months Ended						Nine Months Ended
(Dollars in thousands)	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Balance at beginning of period	$	222,568		$	110,049		$	344,251		$	118,182
Additions from acquisitions	65,100			273,311			78,264			328,837
Additions from reimbursable expenses	5,669			3,707			18,646			8,778
Accretion	(1,139		)	393			(3,919		)	1,057
Changes in expected reimbursements from the FDIC for changes in expected credit losses	(16,579		)	(344		)	(46,343		)	(12,510		)
Payments received from the FDIC	(37,314		)	(7,810		)	(152,594		)	(65,038		)
Balance at end of period	$	238,305		$	379,306		$	238,305		$	379,306