OTHER REAL ESTATE OWNED (Tables)

3 Months Ended

Mar. 31, 2013

OTHER REAL ESTATE OWNED [Abstract]

Activity in Other Real Estate Owned

The following table presents the activity in OREO for the periods indicated:

	Three months ended						Year ended
	March 31,						December 31,
	2013			2012			2012
	(In thousands)
Balance at beginning of period	$	103,248		$	173,805		$	173,805
Additions to foreclosed properties
New foreclosed properties		2,222			10,766			32,389
Reductions in foreclosed properties
Sales		(7,811	)		(11,771	)		(81,220	)
Writedowns		(1,345	)		(4,992	)		(21,726	)
Balance at end of period	$	96,314		$	167,808		$	103,248

Other Real Estate Owned By Geographical Location, Segment and Class

The following tables present the OREO by geographical location, segment and class as of the dates indicated:

	March 31, 2013
	Alabama								Greater
	and Florida								Memphis				Texas and
	Panhandle		Arkansas*		Mississippi*		Missouri		Area		Tennessee*		Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	241	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	241
Real estate
Consumer mortgages		1,114		734		2,653		-		756		716		625		-		6,598
Home equity		-		-		44		-		-		-		-		-		44
Agricultural		870		-		-		-		1,106		2,204		174		-		4,354
Commercial and industrial-owner occupied		157		101		1,139		-		2,638		67		148		-		4,250
Construction, acquisition and development		13,605		1,167		14,586		431		35,939		8,682		1,874		455		76,739
Commercial real estate		356		1,410		4		-		833		144		134		-		2,881
All other		47		11		64		94		748		13		91		139		1,207
Total	$	16,390	$	3,423	$	18,490	$	525	$	42,020	$	11,826	$	3,046	$	594	$	96,314
* Excludes the Greater Memphis Area.

	December 31, 2012
	Alabama								Greater
	and Florida								Memphis				Texas and
	Panhandle		Arkansas*		Mississippi*		Missouri		Area		Tennessee*		Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	395	$	-	$	106	$	-	$	-	$	-	$	-	$	-	$	501
Real estate
Consumer mortgages		1,714		173		2,220		-		961		624		760		3,665		10,117
Home equity		-		-		-		-		-		-		-		-		-
Agricultural		856		-		99		-		1,089		2,169		212		-		4,425
Commercial and industrial-owner occupied		155		146		1,602		-		2,630		66		146		-		4,745
Construction, acquisition and development		13,610		1,430		15,659		734		35,717		9,535		1,844		448		78,977
Commercial real estate		478		1,420		3		263		819		76		176		-		3,235
All other		46		16		227		92		734		12		89		32		1,248
Total	$	17,254	$	3,185	$	19,916	$	1,089	$	41,950	$	12,482	$	3,227	$	4,145	$	103,248
* Excludes the Greater Memphis Area.

	March 31, 2012
	Alabama								Greater
	and Florida								Memphis				Texas and
	Panhandle		Arkansas*		Mississippi*		Missouri		Area		Tennessee*		Louisiana		Other		Total
	(In thousands)
Commercial and industrial	$	423	$	16	$	-	$	-	$	821	$	-	$	-	$	-	$	1,260
Real estate
Consumer mortgages		3,505		615		2,970		-		4,713		3,523		111		3,377		18,814
Home equity		-		26		22		-		586		141		-		-		775
Agricultural		902		-		730		-		1,164		2,371		-		-		5,167
Commercial and industrial-owner occupied		1,564		656		2,583		2,113		1,829		164		174		291		9,374
Construction, acquisition and development		16,179		1,766		25,510		1,965		46,007		19,458		2,630		-		113,515
Commercial real estate		3,557		1,744		3,241		307		7,318		-		233		579		16,979
All other		209		83		990		117		437		-		55		33		1,924
Total	$	26,339	$	4,906	$	36,046	$	4,502	$	62,875	$	25,657	$	3,203	$	4,280	$	167,808
* Excludes the Greater Memphis Area.