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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2015
Other Real Estate Owned [Abstract]  
Schedule of Real Estate Properties [Table Text Block]
Other real estate owned consisted of the following.
 
 
At December 31,
(in thousands)
2015
 
2014
 
 
 
 
Single family
$
302

 
$
1,613

Commercial real estate
4,332

 
2,062

Construction/land development
4,661

 
7,076

 
9,295

 
10,751

Valuation allowance
(1,764
)
 
(1,303
)
 
$
7,531

 
$
9,448

Other Real Estate Owned, Roll Forward [Table Text Block]
Activity in other real estate owned was as follows.
 
 
Year Ended December 31,
(in thousands)
2015
 
2014
 
 
 
 
Beginning balance
$
9,448

 
$
12,911

Additions
4,448

 
4,130

Loss provisions
(695
)
 
(69
)
Reductions related to sales
(5,670
)
 
(7,524
)
Ending balance
$
7,531

 
$
9,448

Other Real Estate, Valuation Allowance Roll Forward [Table Text Block]
Activity in the valuation allowance for other real estate owned was as follows.
 
 
Year Ended December 31,
(in thousands)
2015
 
2014
 
2013
 
 
 
 
 
 
Beginning balance
$
1,303

 
$
1,697

 
$
14,965

Loss provisions
695

 
69

 
603

(Charge-offs), net of recoveries
(234
)
 
(463
)
 
(13,871
)
Ending balance
$
1,764

 
$
1,303

 
$
1,697

Other Real Estate, Components of Expense [Table Text Block]
The components of the net cost of operation and sale of other real estate owned are as follows.
 
 
Year Ended December 31,
(in thousands)
2015
 
2014
 
2013
 
 
 
 
 
 
Maintenance costs
$
453

 
$
436

 
$
840

Loss provisions
695

 
69

 
603

Net gain on sales
(447
)
 
(890
)
 
(722
)
Gain on transfer

 

 
(119
)
Net operating income (loss)
(41
)
 
(85
)
 
1,209

Net cost of operation and sale of other real estate owned
$
660

 
$
(470
)
 
$
1,811