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Note 6 - Other Assets (Detail) - Other Assets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Federal Reserve Bank stock (1) $ 14,069 [1] $ 14,069 [1]
Federal Home Loan Bank stock (2) 6,615 [2] 7,353 [2]
Other investments 376 376
Total cost method equity investments 21,060 21,798
Corporate/bank-owned life insurance 45,535 45,579
Deferred taxes 42,645 42,449
LIHTC investments 20,119 20,631
Interest receivable 20,473 20,274
FDIC receivable 12,162 13,847
Prepaid assets 11,814 11,679
Other assets 11,845 11,829
Total other assets $ 185,653 $ 188,086
[1] A bank applying for membership in the Federal Reserve System is required to subscribe to stock in the Federal Reserve Bank (FRB) in a sum equal to six percent of the bank's paid-up capital stock and surplus. One-half of the amount of the bank's subscription shall be paid to the FRB and the remaining half will be subject to call when deemed necessary by the Board of Governors of the Federal Reserve System.
[2] Borrowings from the Federal Home Loan Bank (FHLB) must be supported by capital stock holdings. The minimum activity-based requirement is 4.7% of the outstanding advances. The requirement may be adjusted from time to time by the FHLB within limits established in the FHLB's Capital Plan.