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OTHER REAL ESTATE OWNED (Tables)
12 Months Ended
Dec. 31, 2017
Banking And Thrift [Abstract]  
Schedule for Changes in Other Real Estate Owned

Changes in other real estate owned for the years ended December 31, 2017 and 2016 were as follows.

 

 

 

2017

 

 

2016

 

Beginning of year

 

$

8,656

 

 

$

5,811

 

Transfers in

 

 

4,562

 

 

 

3,006

 

Acquired in acquisition

 

 

41

 

 

 

2,744

 

Gain on sales

 

 

121

 

 

 

156

 

Proceeds from sales

 

 

(5,461

)

 

 

(3,017

)

 

 

 

7,919

 

 

 

8,700

 

Additions to valuation reserve

 

 

(12

)

 

 

(44

)

Recorded investment

 

$

7,907

 

 

$

8,656

 

 

Summary of Other Real Estate Owned Expense

Expenses related to other real estate owned for the years ended December 31, 2017, 2016 and 2015 were as follows.

 

 

 

2017

 

 

2016

 

 

2015

 

Net loss (gain) on sales

 

$

(121

)

 

$

(156

)

 

$

(131

)

Provision for unrealized losses

 

 

12

 

 

 

44

 

 

 

87

 

Operating expenses, net of rental income

 

 

632

 

 

 

498

 

 

 

331

 

 

 

$

523

 

 

$

386

 

 

$

287