Note 8: Acquired Loans, Loss Sharing Agreements and FDIC Indemnification Assets: Schedule of Vantus Bank FDIC Indemnification Asset (Tables)

3 Months Ended

Sep. 30, 2014

Tables/Schedules

Schedule of Vantus Bank FDIC Indemnification Asset

	September 30, 2014
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$44,877	$1,205
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(456)	--
Original estimated fair value of assets, net of activity since
acquisition date	(43,653)	(1,015)
Expected loss remaining	768	190
Assumed loss sharing recovery percentage	74%	--%
Estimated loss sharing value(1)	566	--
Indemnification asset to be amortized resulting from
change in expected losses	278	--
Accretable discount on FDIC indemnification asset	--	--
FDIC indemnification asset	$844	$--

(1) Includes $153,000 impairment of indemnification asset for foreclosed assets.  Resolution of certain items related to commercial foreclosed assets did not occur prior to the expiration of the non-single-family loss sharing agreement for Vantus Bank on September 30, 2014. 

	December 31, 2013
		Foreclosed
	Loans	Assets
(In Thousands)
Initial basis for loss sharing determination,
net of activity since acquisition date	$60,011	$1,986
Reclassification from nonaccretable discount to accretable discount
due to change in expected losses (net of accretion to date)	(1,202)	--
Original estimated fair value of assets, net of activity since
acquisition date	(57,920)	(1,092)
Expected loss remaining	889	894
Assumed loss sharing recovery percentage	78%	80%
Estimated loss sharing value	690	716
Indemnification asset to be amortized resulting from
change in expected losses	919	--
Accretable discount on FDIC indemnification asset	(32)	--
FDIC indemnification asset	$1,577	$716