OTHER REAL ESTATE OWNED (Tables)

6 Months Ended

Jun. 30, 2012

The following table presents the activity in other real estate owned for the periods indicated:

	Six months ended						Year ended
	June 30,						December 31,
	2012			2011			2011
	(In thousands)

Balance at beginning of period	$	173,805		$	133,412		$	133,412
Additions to foreclosed properties
New foreclosed properties		17,670			59,663			125,234
Reductions in foreclosed properties
Sales		(37,936	)		(34,663	)		(64,488	)
Writedowns		(9,924	)		(7,208	)		(20,353	)
Balance at end of period	$	143,615		$	151,204		$	173,805

The following tables present the other real estate owned by geographical location, segment and class as of the dates indicated:



	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)

Commercial and industrial	$	564	$	212	$	-	$	-	$	814	$	-	$	-	$	-	$	1,590
Real estate
Consumer mortgages		2,457		469		2,612		-		2,334		1,402		188		2,470		11,932
Home equity		-		-		220		-		-		-		-		-		220
Agricultural		894		-		-		-		1,154		2,352		-		-		4,400
Commercial and industrial-owner occupied		554		448		2,337		76		1,814		163		149		246		5,787
Construction, acquisition and development		18,459		2,042		19,152		1,395		45,532		15,775		2,215		737		105,307
Commercial real estate		784		1,677		2,281		304		7,425		-		231		-		12,702
All other		47		60		243		116		1,177		-		2		32		1,677
Total	$	23,759	$	4,908	$	26,845	$	1,891	$	60,250	$	19,692	$	2,785	$	3,485	$	143,615

* Excludes the Greater Memphis Area.

	December 31, 2011
	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)

Commercial and industrial	$	436	$	17	$	-	$	-	$	940	$	-	$	-	$	-	$	1,393
Real estate
Consumer mortgages		3,816		448		3,400		-		5,199		4,160		733		2,889		20,645
Home equity		-		-		51		-		600		-		-		-		651
Agricultural		899		-		275		-		4,542		-		-		-		5,716
Commercial and industrial-owner occupied		1,022		303		1,972		76		2,371		426		174		-		6,344
Construction, acquisition and development		19,318		2,241		18,850		1,974		69,822		6,918		2,763		-		121,886
Commercial real estate		1,121		1,605		3,604		-		7,672		753		232		-		14,987
All other		276		83		220		193		1,358		-		53		-		2,183
Total	$	26,888	$	4,697	$	28,372	$	2,243	$	92,504	$	12,257	$	3,955	$	2,889	$	173,805

* Excludes the Greater Memphis Area.

	June 30, 2011
	Alabama and Florida Panhandle		Arkansas*		Mississippi*		Missouri		Greater Memphis Area		Tennessee*		Texas and Louisiana		Other		Total
	(In thousands)

Commercial and industrial	$	439	$	18	$	-	$	-	$	946	$	-	$	-	$	-	$	1,403
Real estate
Consumer mortgages		3,985		327		3,391		762		6,078		2,642		1,120		1,649		19,954
Home equity		-		58		291		-		-		368		-		-		717
Agricultural		950		87		2,081		-		1,551		-		-		-		4,669
Commercial and industrial-owner occupied		930		109		1,740		79		3,515		446		228		292		7,339
Construction, acquisition and development		9,334		2,231		26,052		2,952		49,562		14,931		2,669		621		108,352
Commercial real estate		2,757		1,725		1,112		451		1,215		203		584		-		8,047
All other		172		44		312		195		-		-		-		-		723
Total	$	18,567	$	4,599	$	34,979	$	4,439	$	62,867	$	18,590	$	4,601	$	2,562	$	151,204

* Excludes the Greater Memphis Area.