XML 60 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER REAL ESTATE OWNED (Tables)
12 Months Ended
Dec. 31, 2017
Banking and Thrift [Abstract]  
Summary of Activity in Other Real Estate Owned
The following is a summary of the activity in other real estate owned during years ended December 31, 2017 and 2016:
(dollars in thousands)
2017
 
2016
Balance, January 1
$
10,874

 
$
16,147

Loans transferred to other real estate owned
4,372

 
3,203

Net gains (losses) on sale and write-downs recorded in statement of income
(862
)
 
(1,338
)
Sales proceeds
(5,920
)
 
(7,138
)
Ending balance
$
8,464

 
$
10,874

Summary of Activity in Purchased Other Real Estate Owned
The following is a summary of the activity in purchased other real estate owned during years ended December 31, 2017 and 2016:
(dollars in thousands)
2017
 
2016
Balance, January 1
$
12,540

 
$
19,344

Loans transferred to other real estate owned
5,023

 
7,229

Acquired in acquisitions

 
1,927

Portion of gains (losses) on sale and write-downs payable to (receivable from) the FDIC under loss-sharing agreements
86

 

Net gains (losses) on sale and write-downs recorded in statement of income
362

 
(615
)
Sales proceeds
(9,000
)
 
(15,345
)
Ending balance
$
9,011

 
$
12,540