FDIC loss share (expense) income (Tables)

12 Months Ended

Dec. 31, 2015

Table Text Block

F D I C Loss Share Expense Income Table [Text Block]

			Years ended December 31,
(In thousands)			2015		2014		2013
Amortization of loss share indemnification asset		$	(66,238)	$	(189,959)	$	(161,635)
Reversal of accelerated amortization in prior periods			-		12,492		-
80% mirror accounting on credit impairment losses[1]			15,658		32,038		60,454
80% mirror accounting on reimbursable expenses			73,205		58,117		50,985
80% mirror accounting on recoveries on covered assets, including rental income
	on OREOs, subject to reimbursement to the FDIC		(13,836)		(13,124)		(16,057)
80% mirror accounting on amortization of contingent liability
	on unfunded commitments		-		-		(473)
Change in true-up payment obligation			9,559		(1,791)		(15,993)
Other			1,714		(797)		668
Total FDIC loss share income (expense)		$	20,062	$	(103,024)	$	(82,051)
[1] Reductions in expected cash flows for ASC 310-30 loans, which may impact the provision for loan losses, may consider reductions in both principal and interest cash flow expectations. The amount covered under the FDIC loss sharing agreements for interest not collected from borrowers is limited under the agreements (approximately 90 days); accordingly, these amounts are not subject fully to the 80% mirror accounting.