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Non-Covered Other Real Estate Owned, Net
6 Months Ended
Jun. 30, 2013
Real Estate [Abstract]  
Non-Covered Other Real Estate Owned, Net
Non-covered Other Real Estate Owned, Net 
 
The following table presents the changes in non-covered other real estate owned (“OREO”) for the three and six months ended June 30, 2013 and 2012
 
(in thousands)
 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2013
 
2012
 
2013
 
2012
Balance, beginning of period
$
18,673

 
$
34,306

 
$
17,138

 
$
34,175

Additions to OREO
1,343

 
1,784

 
7,032

 
8,993

Dispositions of OREO
(6,713
)
 
(8,010
)
 
(10,498
)
 
(11,565
)
Valuation adjustments in the period
(68
)
 
(1,196
)
 
(437
)
 
(4,719
)
Balance, end of period
$
13,235

 
$
26,884

 
$
13,235

 
$
26,884