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OTHER REAL ESTATE OWNED (Tables)
 12 Months Ended
Dec. 31, 2015
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, 2015 and 2014:
 
(Dollars in Thousands)
 
2015
 
2014
 
Balance, January 1
 
$
33,160
 
$
33,351
 
Loans transferred to other real estate owned
 
 
11,261
 
 
11,972
 
Net gains (losses) on sale and write-downs
 
 
(9,971)
 
 
(4,585)
 
Sales proceeds
 
 
(18,303)
 
 
(7,578)
 
Ending balance
 
$
16,147
 
$
33,160
 
Summary of Activity in Purchased Non-Covered Other Real Estate Owned
The following is a summary of the activity in purchased, non-covered other real estate owned during years ended December 31, 2015 and 2014:
 
(Dollars in Thousands)
 
2015
 
2014
 
Balance, January 1
 
$
15,585
 
$
4,276
 
Loans transferred to other real estate owned
 
 
4,473
 
 
4,160
 
Acquired in acquisitions
 
 
2,160
 
 
8,864
 
Transfer from covered other real estate owned due to loss share expiration
 
 
3,148
 
 
1,226
 
Net gains (losses) on sale and write-downs
 
 
201
 
 
828
 
Sales proceeds
 
 
(11,234)
 
 
(3,769)
 
Ending balance
 
$
14,333
 
$
15,585
 
Summary of Activity in Covered Other Real Estate Owned
The following is a summary of the activity in covered other real estate owned during years ended December 31, 2015 and 2014:
 
(Dollars in Thousands)
 
2015
 
2014
 
Balance, January 1
 
$
19,907
 
$
45,893
 
Loans transferred to other real estate owned
 
 
7,910
 
 
13,650
 
Transfer to purchased, non-covered other real estate owned due to loss share expiration
 
 
(3,148)
 
 
(1,226)
 
Net gains (losses) on sale and write-downs
 
 
(5,926)
 
 
(5,965)
 
Sales proceeds
 
 
(13,732)
 
 
(32,445)
 
Ending balance
 
$
5,011
 
$
19,907