Covered Assets and Indemnification Asset (Tables) (Covered loans)

9 Months Ended

Sep. 30, 2013

Covered assets and indemnification asset

Summary of non-covered loans by portfolio segment

The following table presents the carrying value of the covered loans summarized by portfolio segment at September 30, 2013 (in thousands).

Commercial and industrial	$		74,581
Real estate	833,493
Construction and land development	188,505
Consumer	11
Total covered loans	$	1,096,590

Bank

Covered assets and indemnification asset

Schedule of analysis of the aging of the covered loan portfolio

An analysis of the aging of the Bank’s covered loan portfolio at September 30, 2013 is shown in the following table (in thousands).

															Accruing Loans
	Loans Past Due		Loans Past Due		Loans Past Due		Total		Current		PCI		Total		Past Due
	30-59 Days		60-89 Days		90 Days or More		Past Due Loans		Loans		Loans		Loans		90 Days or More
Commercial and industrial:
Secured	$	54	$	—	$	—	$	54	$	28,529	$	34,994	$	63,577	$	—
Unsecured	—		—		—		—		2,854		8,150		11,004		—
Real estate:
Secured by commercial properties	37		—		—		37		80,627		373,849		454,513		—
Secured by residential properties	—		—		—		—		163,514		215,466		378,980		—
Construction and land development:
Residential construction loans	—		—		—		—		6,490		4,651		11,141		—
Commercial construction loans and land development	—		—		—		—		31,914		145,450		177,364		—
Consumer	—		—		—		—		11		—		11		—
	$	91	$	—	$	—	$	91	$	313,939	$	782,560	$	1,096,590	$	—

PCI loans

Covered assets and indemnification asset

Schedule of carrying value and the outstanding contractual balance of the covered PCI loans

The following table presents the carrying value and the outstanding contractual balance of the covered PCI loans at September 30, 2013 (in thousands).

Carrying amount	$	782,560
Oustanding balance	1,082,315