XML 139 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE (Details 2) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Covered OREO        
FDIC percentage of reimbursement under shared loss agreements 80.00%   80.00%  
Percentage of company's liability for losses under shared loss agreements 20.00% 20.00% 20.00% 20.00%
Company's liability for losses under shared loss agreements $ 200,000 $ 248,000 $ 225,000 $ 1,500,000
Total eligible losses subject to shared loss agreements 1,000,000 1,200,000 1,100,000 7,700,000
Fair Value, Measurements, Non-Recurring | Fair Value Measurements
       
Non-covered impaired loans        
Total residential 22,012,000 14,824,000 19,971,000 18,466,000
Total commercial real estate 35,349,000 16,517,000 30,397,000 26,789,000
Total commercial and industrial 9,203,000 15,616,000 9,723,000 16,097,000
Total consumer 372,000 372,000 293,000 379,000
Total non-covered impaired loans 66,936,000 47,329,000 60,384,000 61,731,000
Non-covered OREO 435,000 4,625,000 13,238,000 8,674,000
Covered OREO 7,500,000 6,544,000 11,030,000 17,712,000
Fair Value, Measurements, Non-Recurring | Significant Unobservable Inputs (Level 3)
       
Non-covered impaired loans        
Total residential 22,012,000 14,824,000 19,971,000 18,466,000
Total commercial real estate 35,349,000 16,517,000 30,397,000 26,789,000
Total commercial and industrial 9,203,000 15,616,000 9,723,000 16,097,000
Total consumer 372,000 372,000 293,000 379,000
Total non-covered impaired loans 66,936,000 47,329,000 60,384,000 61,731,000
Non-covered OREO 435,000 4,625,000 13,238,000 8,674,000
Covered OREO 7,500,000 6,544,000 11,030,000 17,712,000
Fair Value, Measurements, Non-Recurring | Total Gains (Losses)
       
Non-covered impaired loans        
Total residential (838,000) (2,240,000) (1,274,000) (2,789,000)
Total commercial real estate (1,320,000) (4,315,000) (3,422,000) (4,316,000)
Total commercial and industrial 674,000 (9,705,000) (1,492,000) (10,281,000)
Total consumer 4,000 (264,000) (112,000) (321,000)
Total non-covered impaired loans (1,480,000) (16,524,000) (6,300,000) (17,707,000)
Non-covered OREO (18,000) (1,820,000) (1,403,000) (2,675,000)
Covered OREO (1,000,000) [1] (1,241,000) [1] (1,126,000) [2] (7,689,000) [2]
Loans Held for Sale       $ (4,730,000)
[1] Covered OREO results from the WFIB and UCB FDIC-assisted acquisitions for which the Company entered into shared-loss agreements with the FDIC whereby the FDIC will reimburse the Company for 80% of eligible losses. As such, the Company's liability for losses is 20% of the $1.0 million in losses, or $200 thousand, and 20% of the $1.2 million in losses, or $248 thousand, for the three months ended June 30, 2013 and 2012, respectively.
[2] Covered OREO results from the WFIB and UCB FDIC-assisted acquisitions for which the Company entered into shared-loss agreements with the FDIC whereby the FDIC will reimburse the Company for 80% of eligible losses. As such, the Company's liability for losses is 20% of the $1.1 million in losses, or $225 thousand, and 20% of the $7.7 million in losses, or $1.5 million, for the six months ended June 30, 2013 and 2012, respectively.