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OTHER REAL ESTATE OWNED (Tables)
 9 Months Ended
Sep. 30, 2017
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Summary of Activity in Other Real Estate Owned
The following is a summary of the activity in other real estate owned during the nine months ended September 30, 2017 and 2016:
(dollars in thousands)
September 30,
2017
 
September 30,
2016
Beginning balance, January 1
$
10,874

 
$
16,147

Loans transferred to other real estate owned
4,043

 
2,101

Net gains (losses) on sale and write-downs recorded in statement of income
(766
)
 
(1,276
)
Sales proceeds
(4,760
)
 
(6,580
)
Ending balance
$
9,391

 
$
10,392
Summary of Activity in Purchased Other Real Estate Owned
The following is a summary of the activity in purchased other real estate owned during the nine months ended September 30, 2017 and 2016:
(dollars in thousands) 
September 30,
2017
 
September 30,
2016
Beginning balance, January 1
$
12,540

 
$
19,344

Loans transferred to other real estate owned
4,294

 
6,262

Acquired in acquisitions
—

 
1,838

Portion of gains (losses) on sale and write-downs payable to (receivable from) the FDIC under loss-sharing agreements
76

 
—

Net gains (losses) on sale and write-downs recorded in statement of income
265

 
(568
)
Sales proceeds
(7,229
)
 
(11,750
)
Ending balance
$
9,946

 
$
15,126