Foreclosed Assets Foreclosed Assets (Tables)

6 Months Ended

Jun. 30, 2015

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

Other Real Estate and Foreclosed Assets

The following table summarizes foreclosed assets at the dates indicated:

	June 30,		December 31,
Property Type:	2015		2014
	(In thousands)
Commercial real estate	$	3,704	$	2,449
Construction and land development	18,942		24,759
Multi‑family	4,551		4,823
Single family residence	2,260		3,392
Total other real estate owned, net	29,457		35,423
Other foreclosed assets	2,211		8,298
Total foreclosed assets, net(1)	$	31,668	$	43,721

Other Foreclosed Assets Rollforward

The following table presents the changes in foreclosed assets, net of the valuation allowance, for the period indicated:

	Foreclosed
	Assets
	(In thousands)
Balance, December 31, 2014	$	43,721
Foreclosures	3,089
Provision for losses	(406		)
Reductions related to sales	(14,736		)
Balance, June 30, 2015	$	31,668