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FDIC loss share asset and true up payment obligation (Tables)
12 Months Ended
Dec. 31, 2019
Table Text Block  
FDIC Indemnification Asset Roll Forward

 

 

Years ended December 31,

(In thousands)

 

2018

 

2017

Balance at beginning of year

$

46,316

$

69,334

FDIC loss-share Termination Agreement

 

(45,659)

 

-

Amortization

 

(934)

 

(469)

Credit impairment losses to be covered under loss sharing agreements

 

104

 

3,136

Reimbursable expenses

 

537

 

2,454

Net payments from FDIC under loss-sharing agreements

 

(364)

 

(22,589)

Other adjustments attributable to FDIC loss-sharing agreements

 

-

 

(5,550)

Balance at end of period

$

-

$

46,316

Balance due to the FDIC for recoveries on covered assets

 

-

 

(1,124)

Balance at end of period

$

-

$

45,192