Foreclosed Real Estate and Repossessed Personal Property (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Foreclosed Real Estate and Repossessed Personal Property

The following table summarizes foreclosed real estate and repossessed personal property at the dates indicated (in thousands). Repossessed personal property is included in Other assets in the Consolidated Balance Sheets.

	March 31,		December 31,
	2013		2012
Foreclosed real estate	$	11,057	$	10,911
Repossessed personal property		31		81
Total foreclosed real estate and repossessed personal property	$	11,088	$	10,992

Changes in Foreclosed Real Estate Portfolio

The following table summarizes changes in foreclosed real estate at the dates and for the periods indicated (in thousands). 

	For the three months ended March 31,
	2013			2012
Foreclosed real estate, beginning of period	$	10,911		$	27,663
Plus: New foreclosed real estate		1,270			2,276
Less: Proceeds from sale of foreclosed real estate		(765	)		(1,922	)
Plus: Gain (loss) on sale of foreclosed real estate		57			16
Less: Writedowns and losses charged to expense		(416	)		(1,332	)
Foreclosed real estate, end of period	$	11,057		$	26,701