XML 69 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Real Estate Owned
 3 Months Ended
Mar. 31, 2014
Real Estate [Abstract]  
Other Real Estate Owned
Other Real Estate Owned
 
Other real estate owned includes property acquired through foreclosure or deed-in-lieu of foreclosure and also includes property deemed to be in-substance foreclosed and are included in "other assets" in the consolidated balance sheets.  Changes in other real estate owned are as follows (in thousands):
 
Three Months Ended March 31,
 
2014
 
2013
Balance, beginning of year
$
1,463

 
2,189

Additions
230

 
—

Additions due to merger
262

 
127

Reductions due to sales
(151
)
 
(612
)
Reductions due to valuation write downs
(5
)
 
(17
)
Balance, end of period
$
1,799

 
1,687



Other real estate owned at March 31, 2014 and December 31, 2013 consisted of (dollars in thousands):
 
March 31, 2014
 
December 31, 2013
 
Number
 
Balance
 
Number
 
Balance
Commercial real estate
3

 
$
1,649

 
2

 
$
1,415

Residential real estate
3

 
150

 
2

 
48

 
6

 
$
1,799

 
4

 
$
1,463