Other Real Estate Owned

12 Months Ended

Dec. 31, 2014

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Other Real Estate Owned

8. OTHER REAL ESTATE OWNED

The following table summarizes the activity related to total OREO for the years ended December 31, 2014 and 2013:

	For the Year Ended December 31,
	2014			2013
	(Dollars in thousands)
Balance, beginning of period	$	6,979		$	15,899
Additions		3,591			1,492
Dispositions		(4,868	)		(9,923	)
Valuation adjustments		(65	)		(489	)
Balance, end of period	$	5,637		$	6,979