Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2015

Other Real Estate Owned

Schedule of activity in the other real estate owned (OREO) portfolio, net of valuation reserve

	Twelve Months Ended
	December 31,
Other real estate owned	2015		2014		2013
Balance at beginning of period	$	31,982	$	41,537	$	72,423
Property additions		8,998		16,078		19,194
Property improvements		-		794		73
Less:
Property disposals, net of gains/losses		17,763		21,868		41,712
Period valuation adjustments		4,076		4,559		8,441
Balance at end of period	$	19,141	$	31,982	$	41,537

Schedule of activity in valuation allowance

	2015		2014		2013
Balance at beginning of period	$	19,229	$	22,284	$	31,454
Provision for unrealized losses		4,076		4,559		8,293
Reductions taken on sales		(9,271)		(7,025)		(17,389)
Other adjustments		93		(589)		(74)
Balance at end of period	$	14,127	$	19,229	$	22,284

Schedule of expenses related to foreclosed assets, net of lease revenue

	2015		2014		2013
Gain on sales, net	$	(1,073)	$	(989)	$	(1,956)
Provision for unrealized losses		4,076		4,559		8,293
Operating expenses		2,888		4,173		5,705
Less:
Lease revenue		700		826		1,295
	$	5,191	$	6,917	$	10,747