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Foreclosed Assets Foreclosed Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Other Real Estate and Foreclosed Assets
The following table summarizes foreclosed assets as of the dates indicated:
 
December 31,
Property Type
2017
 
2016
 
(In thousands)
Construction and land development
$
219

 
$
11,224

Multi‑family
—

 
652

Single family residence
1,019

 
—

Commercial real estate
64

 
—

Total other real estate owned, net
1,302

 
11,876

Other foreclosed assets
27

 
1,100

Total foreclosed assets, net
$
1,329

 
$
12,976
Other Foreclosed Assets Rollforward
The following table presents the changes in foreclosed assets, net of the valuation allowance, for the years indicated:
 
Year Ended December 31,
Foreclosed Assets
2017
 
2016
 
2015

(In thousands)
Balance, beginning of year
$
12,976

 
$
22,120

 
$
43,721

Transfers to foreclosed assets from loans
580

 
781

 
13,472

Other additions
1,385

 
—

 
—

Provision for losses
(2,138
)
 
(2,576
)
 
(5,228
)
Reductions related to sales
(11,474
)
 
(7,349
)
 
(29,845
)
Balance, end of year
$
1,329

 
$
12,976

 
$
22,120
Foreclosed Assets Valuation Allowance Rollforward
The following table presents the changes in the foreclosed assets valuation allowance for the years indicated:
 
Year Ended December 31,
Foreclosed Assets Valuation Allowance
2017
 
2016
 
2015
 
(In thousands)
Balance, beginning of year
$
12,696

 
$
10,246

 
$
12,123

Provision for losses
2,138

 
2,576

 
5,228

Reductions related to sales
(14,820
)
 
(126
)
 
(7,105
)
Balance, end of year
$
14

 
$
12,696

 
$
10,246