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FAIR VALUE MEASUREMENT (Tables)
6 Months Ended
Jun. 30, 2013
Fair Value Disclosures [Abstract]  
Fair Value Of Interest Rate Lock Commitments Table [Text Block]
The following table provides the components of the change in fair value of interest rate lock commitments for the periods presented.
 
Successor
Company
 
Successor
Company
 
 
Predecessor
Company
Interest Rate Lock Commitments
Three Months Ended
June 30, 2013
 
Three Months Ended
June 30, 2012
 
Six Months Ended
June 30, 2013
 
Period from February 1 to June 30, 2012
 
 
Period from January 1 to January 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
$
496

 
$
307

 
$
795

 
$
268

 
 
$
212

Issuances
1,194

 
430

 
2,241

 
816

 
 
134

Settlements
(1,042
)
 
(134
)
 
(2,388
)
 
(481
)
 
 
(78
)
Balance at end of period
$
648

 
$
603

 
$
648

 
$
603

 
 
$
268

Fair Value And Measurement Level Of Assets And Liabilities Table [Text Block]
The following tables summarize information about assets and liabilities measured at fair value.
 
 
 
 
Fair Value Measurements at
 
 
 
 
June 30, 2013
 
 
Assets/(Liabilities)
Measured at
 
Quoted Prices
in Active
Markets for
Identical Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Description
 
Fair Value
 
(Level 1)
 
(Level 2)
 
(Level 3)
Securities available for sale:
 
 

 
 

 
 

 
 

U.S. government-sponsored enterprise securities
 
$
4,822

 
$

 
$
4,822

 
$

SBA-guaranteed securities
 
70,890

 

 
70,890

 

Residential MBS
 
221,961

 

 
221,961

 

Corporate bonds
 
71,435

 

 
71,435

 

Commercial MBS
 
6,482

 

 
6,482

 

Municipal obligations – non-taxable
 
600

 

 
600

 

Other debt securities
 
253

 

 
253

 

Marketable equity securities
 
93

 
93

 

 

Impaired loans
 
7,856

 

 

 
7,856

Foreclosed assets
 
11,632

 

 

 
11,632

Interest rate lock commitments
 
648

 

 

 
648

Derivative assets
 
4,629

 

 
4,629

 

Derivative liabilities
 
(4
)
 

 
(4
)
 

 
 
 
 
 
Fair Value Measurements at
December 31, 2012
 
 
Assets/(Liabilities)
Measured at
 
Quoted Prices
in Active
Markets for
Identical Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Description
 
Fair Value
 
(Level 1)
 
(Level 2)
 
(Level 3)
Securities available for sale:
 
 

 
 

 
 

 
 

Residential MBS
 
$
76,777

 
$

 
$
76,777

 
$

Corporate bonds
 
32,508

 

 
32,508

 

Commercial MBS
 
6,885

 

 
6,885

 

Municipal obligations – non-taxable
 
16,201

 

 
16,201

 

Municipal obligations – taxable
 
2,725

 

 
2,725

 

Other debt securities
 
1,157

 

 
1,157

 

Marketable equity securities
 
58

 
58

 

 

Impaired loans
 
5,084

 

 

 
5,084

Foreclosed assets
 
5,837

 

 

 
5,837

Interest rate lock commitments
 
795

 

 

 
795

Derivative assets
 
210

 

 

 

Derivative liabilities
 
(103
)
 

 
(103
)
 

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
Quantitative Information about Level 3 Fair Value Measurements
 
 
Fair Value at
June 30, 2013
 
Valuation Technique
 
Unobservable Input
 
Range
Recurring measurements:
 
 

 
 
 
 
 
 
Interest rate lock commitments
 
$
648

 
Pricing model
 
Pull through rates
 
80-85%
 
 
 
 
 
 
 
 
 
Nonrecurring measurements:
 
 

 
 
 
 
 
 
Impaired loans
 
$
7,856

 
Discounted Appraisals
 
Collateral discounts
 
15-50%
Foreclosed assets
 
11,632

 
Discounted appraisals
 
Collateral discounts
 
15-50%
Fair Carrying Value And Measurement Level Of Financial Assets And Liabilities Table [Text Block]
The following tables summarize the carrying amounts and estimated fair values of the Company's financial instruments.

 
June 30, 2013
 
 
 
 
 
 
 
 
Carrying
Amount
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Financial assets:
 
 

 
 

 
 

 
 

 
 

Cash and cash equivalents
 
$
87,808

 
$
87,808

 
$
87,808

 
$

 
$

Investment securities available for sale
 
376,536

 
376,536

 
93

 
376,443

 

Investment securities held to maturity
 
200

 
408

 

 

 
408

Loans held for sale
 
21,390

 
21,390

 

 
21,390

 

Loans, net
 
1,317,556

 
1,324,424

 

 

 
1,324,424

Federal Home Loan Bank stock
 
6,904

 
6,904

 

 
6,904

 

Bank-owned life insurance
 
32,642

 
32,642

 

 
32,642

 

Derivative assets
 
4,629

 
4,629

 

 
4,629

 

Accrued interest receivable
 
5,635

 
5,635

 

 
5,635

 

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 

 
 

 
 

 
 

 
 

Deposits
 
1,654,699

 
1,656,752

 

 
1,656,752

 

Short-term borrowings
 
68,002

 
67,884

 

 

 
67,884

Long-term debt
 
45,341

 
45,284

 

 

 
45,284

Derivative liabilities
 
4

 
4

 

 
4

 

Accrued interest payable
 
682

 
682

 

 
682

 

 
 
December 31, 2012
 
 
 
 
 
 
 
 
Carrying
Amount
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Financial assets:
 
 

 
 

 
 
 
 
 
 
Cash and cash equivalents
 
$
50,463

 
$
50,463

 
$
50,463

 
$

 
$

Investment securities available for sale
 
136,311

 
136,311

 
58

 
136,253

 

Investment securities held to maturity
 
180

 
410

 

 

 
410

Loans held for sale
 
16,439

 
16,439

 

 
16,439

 

Loans, net
 
759,418

 
763,572

 

 

 
763,572

Federal Home Loan Bank stock
 
2,307

 
2,307

 

 
2,307

 

Bank-owned life insurance
 
19,976

 
19,976

 

 
19,976

 

Derivative assets
 
210

 
210

 

 
210

 

Accrued interest receivable
 
5,154

 
5,154

 

 
5,154

 

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 

 
 

 
 
 
 
 
 
Deposits
 
873,222

 
876,674

 

 
876,674

 

Short-term borrowings
 
7,500

 
7,456

 

 

 
7,456

Long-term debt
 
19,864

 
19,821

 

 

 
19,821

Derivative liabilities
 
258

 
258

 

 
258

 

Accrued interest payable
 
476

 
476

 

 
476