Foreclosed Assets (Notes)

9 Months Ended

Sep. 30, 2014

Other Real Estate Owned Net Covered and NonCovered Including Foreclosed Assets [Abstract]

Other Real Estate Owned and Foreclosed Assets

Note 7.  Foreclosed Assets

The following tables summarize foreclosed assets at the dates indicated:

Property Type:	September 30, 2014		December 31, 2013
	(In thousands)
Commercial real estate	$	2,559	$	15,753
Construction and land development	27,731		35,063
Multi‑family	835		835
Single family residence	13		186
Total other real estate owned, net	31,138		51,837
Other foreclosed assets	9,386		4,054
Total foreclosed assets	$	40,524	$	55,891

The following table presents a rollforward of foreclosed assets, net of the valuation allowance, for the periods indicated:

	Foreclosed Assets
	(In thousands)
Balance, December 31, 2013	$	55,891
Addition from the CapitalSource Inc. merger	6,382
Foreclosures	667
Provision for losses	(5,065		)
Reductions related to sales	(17,351		)
Balance, September 30, 2014	$	40,524