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Federally Assisted Transactions (Tables)
9 Months Ended
Sep. 30, 2011
United Western Bank [Member]
 
Business Acquisition [Line Items] 
Schedule Of Significant Assets Acquired And Liabilities Assumed
 
January 21, 2011
 
As recorded
by United
Western
 
Fair value
adjustments
at date of
acquisition
 
Subsequent
acquisition-date
adjustments
 
As recorded
by FCB
Assets
 
 
 
 
 
 
 
Cash and due from banks
$
420,902

 
$
—

 
$
—

 
$
420,902

Investment securities available for sale
281,862

 
—

 
—

 
281,862

Loans covered by loss share agreements (1)
1,034,074

 
(278,913
)
a
4,190

i
759,351

Other real estate owned covered by loss share agreements
37,812

 
(10,252
)
b
(1,469
)
i
26,091

Income earned not collected
5,275

 
—

 
—

 
5,275

Receivable from FDIC for loss share agreements
—

 
140,285

c
(2,832
)
i
137,453

FHLB stock
22,783

 
—

 
—

 
22,783

Mortgage servicing rights
4,925

 
(1,489
)
d
—

 
3,436

Core deposit intangible
—

 
537

e
—

 
537

Other assets
15,421

 
109

f
(991
)
i
14,539

Total assets acquired
$
1,823,054

 
$
(149,723
)
 
$
(1,102
)
 
$
1,672,229

Liabilities
 
 
 
 
 
 
 
Deposits:
 
 
 
 
 
 
 
Noninterest-bearing
$
101,875

 
$
—

 
$
—

 
$
101,875

Interest-bearing
1,502,983

 
—

 
—

 
1,502,983

Total deposits
1,604,858

 
—

 
—

 
1,604,858

Short-term borrowings
336,853

 
—

 
—

 
336,853

Long-term obligations
206,838

 
789

g
—

 
207,627

Deferred tax liability
1,351

 
(565
)
h
—

 
786

Other liabilities
11,772

 
—

 
—

 
11,772

Total liabilities assumed
2,161,672

 
224

 
—

 
2,161,896

Excess (shortfall) of assets acquired over liabilities assumed
$
(338,618
)
 
 
 
 
 
 
Aggregate fair value adjustments
 
 
$
(149,947
)
 
$
(1,102
)
 
 
Cash received from the FDIC (2)
 
 
 
 
 
 
$
553,141

Gain on acquisition of United Western
 
 
 
 
 
 
$
63,474

 
(1)
Excludes $11,998 in loans repurchased by FDIC during the second quarter of 2011
(2)
Cash received includes cash received from loans repurchased by the FDIC during the second quarter of 2011
Explanation of fair value adjustments
a - Adjustment reflects the fair value adjustments based on FCB’s evaluation of the acquired loan portfolio.
b - Adjustment reflects the estimated OREO losses based on FCB’s evaluation of the acquired OREO.
c - Adjustment reflects the estimated fair value of payments FCB will receive from the FDIC under the loss share agreements.
d - Adjustment reflects the fair value adjustment based on evaluation of mortgage servicing rights.
e - Adjustment reflects the estimated fair value of intangible assets, which includes core deposit intangibles.
f - Adjustment reflects amount needed to adjust the carrying value of other assets to estimated fair value.
g - Adjustment reflects the amount of the prepayment penalty assessed on early payoff of long-term obligations.
h - Adjustment reflects the fair value adjustment on FCB’s evaluation of the deferred tax liability assumed in the transaction.
i - Adjustment to acquisition date fair value based on additional information received post-acquisition regarding acquisition date fair value and adjustments resulting from loans repurchased by the FDIC.

Colorado Capital Bank [Member]
 
Business Acquisition [Line Items] 
Schedule Of Significant Assets Acquired And Liabilities Assumed

 
July 8, 2011
 
As recorded by CCB
 
Fair value
adjustments
at date of
acquisition
 
As recorded
by FCB
Assets
 
 
 
 
 
Cash and due from banks
$
74,736

 
$
—

 
$
74,736

Investment securities available for sale
40,187

 
—

 
40,187

Loans covered by loss share agreements
538,369

 
(216,207
)
a
322,162

Other real estate owned covered by loss share agreements
14,853

 
(7,699
)
b
7,154

Income earned not collected
1,720

 
—

 
1,720

Receivable from FDIC for loss share agreements
—

 
157,600

c
157,600

Core deposit intangible
—

 
984

d
984

Other assets
3,296

 
—

 
3,296

Total assets acquired
$
673,161

 
$
(65,322
)
 
$
607,839

Liabilities
 
 
 
 
 
Deposits:
 
 
 
 
 
Noninterest-bearing
$
35,862

 
$
—

 
$
35,862

Interest-bearing
571,251

 
(612
)
e
570,639

Total deposits
607,113

 
(612
)
 
606,501

Short-term borrowings
15,008

 
204

f
15,212

Other liabilities
438

 
—

 
438

Total liabilities assumed
622,559

 
(408
)
 
622,151

Excess (shortfall) of assets acquired over liabilities assumed
$
50,602

 
 
 
 
Aggregate fair value adjustments
 
 
$
(64,914
)
 
 
Cash received from the FDIC
 
 
 
 
$
102,100

Gain on acquisition of CCB
 
 
 
 
$
87,788

 Explanation of fair value adjustments
a - Adjustment reflects the fair value adjustments based on FCB’s evaluation of the acquired loan portfolio.
b - Adjustment reflects the estimated OREO losses based on FCB’s evaluation of the acquired OREO.
c - Adjustment reflects the estimated fair value of payments FCB will receive from the FDIC under the loss share agreements.
d - Adjustment reflects the estimated value of intangible assets, which includes core deposit intangibles.
e - Adjustment reflects the fair value of deposits assumed based on FCB's evaluation of the term deposits assumed.
f - Adjustment reflects the amount of the prepayment penalty assessed on early payoff of long-term obligations.