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Non-Covered Other Real Estate Owned, Net
9 Months Ended
Sep. 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 nine months ended September 30, 2013 and 2012
 
(in thousands)
 
Three months ended
 
Nine months ended
 
September 30,
 
September 30,
 
2013
 
2012
 
2013
 
2012
Balance, beginning of period
$
13,235

 
$
26,884

 
$
17,138

 
$
34,175

Additions to OREO
7,715

 
1,174

 
14,747

 
10,167

Dispositions of OREO
(2,690
)
 
(7,750
)
 
(13,188
)
 
(19,315
)
Valuation adjustments in the period
(11
)
 
(1,044
)
 
(448
)
 
(5,763
)
Balance, end of period
$
18,249

 
$
19,264

 
$
18,249

 
$
19,264