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Other Real Estate Owned (Tables)
 6 Months Ended
Jun. 30, 2017
Other Real Estate Owned [Abstract]  
Activity for Other Real Estate Owned
Activity for other real estate owned was as follows:

  
Three Months Ended
  
Six Months Ended
 
  
June 30
  
June 30
 
(in thousands)
 
2017
  
2016
  
2017
  
2016
 
Beginning balance of other real estate owned
 
$
35,812
  
$
38,985
  
$
35,856
  
$
40,674
 
New assets acquired
  
577
   
1,960
   
1,581
   
3,251
 
Capitalized costs
  
0
   
0
   
0
   
0
 
Fair value adjustments
  
(1,449
)
  
(91
)
  
(1,987
)
  
(224
)
Sale of assets
  
(2,155
)
  
(3,114
)
  
(2,665
)
  
(5,961
)
Ending balance of other real estate owned
 
$
32,785
  
$
37,740
  
$
32,785
  
$
37,740
 
Major Classifications of Foreclosed Properties
The major classifications of foreclosed properties are shown in the following table:

(in thousands)
 
June 30
2017
  
December 31
2016
 
1-4 family
 
$
5,756
  
$
6,210
 
Agricultural/farmland
  
90
   
93
 
Construction/land development/other
  
18,074
   
20,778
 
Multifamily
  
176
   
270
 
Non-farm/non-residential
  
8,542
   
8,505
 
Total foreclosed properties
 
$
32,638
  
$
35,856