Other Real Estate Owned (Tables)

6 Months Ended

Jun. 30, 2016

The following table presents activity in other real estate owned for the six months ended June 30, 2016 and 2015:


	Other Real Estate			Other Real Estate
(dollars in thousands)	Owned (1)			Owned, Covered
Six Months Ended June 30, 2016
Balance at January 1, 2016	$	7,594		$	4,904
Additions (2)		20,251			2,093
Sales		(7,060	)		(1,454	)
(Impairment)/recovery of value		(202	)		(1,872	)
Reclassification due to termination of the loss share agreements, effective June 22, 2016		3,671			(3,671	)

Balance at June 30, 2016	$	24,254		$	—

Six Months Ended June 30, 2015
Balance at January 1, 2015	$	7,241		$	9,121
Additions		4,579			429
Sales		(2,153	)		(4,580	)
(Impairment)/recovery of value		(279	)		(217	)

Balance at June 30, 2015	$	9,388		$	4,753

(1)	Includes repossessed personal property of $0.2 million at June 30, 2016 and $0.3 million at June 30, 2015.

(2)	Includes other real estate owned of $18.2 million acquired from Anchor in May 2016.