PARENT COMPANY ONLY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS

	December 31,
(dollars in thousands)	2014		2013
Assets
Cash deposited in First Bank	$	21,616	1,864
Investment in common securities - TRuPS	10,678		10,678
Investment in subsidiaries	778,306		838,489
Deferred income taxes	42,445		41,095
Accrued interest receivable - TRuPS	11		1,887
Total assets	$	853,056	894,013
Liabilities and Stockholders’ Equity
Subordinated debentures	$	354,286	354,210
Accrued interest payable - TRuPS	374		62,855
Dividends payable	77,800		77,800
Accrued expenses and other liabilities	1,910		4,726
Total liabilities	434,370		499,591
First Banks, Inc. stockholders’ equity	418,686		394,422
Total liabilities and stockholders’ equity	$	853,056	894,013

CONDENSED STATEMENTS OF INCOME

CONDENSED STATEMENTS OF INCOME

(dollars in thousands)	Years Ended December 31,
	2014			2013		2012
Income:
Dividends from subsidiaries	$	95,000		—		—
Management fees from subsidiaries	9			23		3
Other	498			458		535
Total income	95,507			481		538
Expense:
Interest	12,935			15,054		14,847
Other	690			933		1,506
Total expense	13,625			15,987		16,353
Income (loss) before benefit for income taxes and equity in undistributed (losses) earnings of subsidiaries	81,882			(15,506	)	(15,815	)
Benefit for income taxes	(2,565		)	(38,841	)	(348	)
Income (loss) before equity in undistributed (losses) earnings of subsidiaries	84,447			23,335		(15,467	)
Equity in undistributed (losses) earnings of subsidiaries	(62,792		)	218,409		41,745
Net income attributable to First Banks, Inc.	$	21,655		241,744		26,278

CONDENSED STATEMENTS OF CASH FLOWS

CONDENSEDSTATEMENTSOFCASHFLOWS

(dollars in thousands)	Years Ended December 31,
	2014			2013		2012
Cash flows from operating activities:
Net income attributable to First Banks, Inc.	$	21,655		241,744		26,278
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Net income of subsidiaries	(32,208		)	(218,409	)	(41,745	)
Dividends from subsidiaries	95,000			—		—
(Decrease) increase in accrued interest payable - TRuPS	(62,481		)	14,977		14,771
Other, net	(2,214		)	(39,192	)	639
Net cash provided by (used in) operating activities	19,752			(880	)	(57	)
Cash flows from financing activities:
Payment of preferred stock dividends	—			—		—
Net cash used in financing activities	—			—		—
Net increase (decrease) in unrestricted cash	19,752			(880	)	(57	)
Unrestricted cash, beginning of year	1,864			2,744		2,801
Unrestricted cash, end of year	$	21,616		1,864		2,744
Supplemental disclosures of cash flow information:
Cash paid for interest	$	75,340		—		—