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Other Real Estate Owned
9 Months Ended
Sep. 30, 2018
Banking And Thrift [Abstract]  
Other Real Estate Owned

NOTE 9 – OTHER REAL ESTATE OWNED

The following table presents activity in other real estate owned for the three and nine months ended September 30, 2018 and 2017:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(dollars in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

3,729

 

 

$

11,071

 

 

$

8,810

 

 

$

18,546

 

Additions

 

 

474

 

 

 

1,745

 

 

 

1,649

 

 

 

2,695

 

Sales

 

 

(511

)

 

 

(2,143

)

 

 

(6,136

)

 

 

(8,695

)

Impairment

 

 

(129

)

 

 

(414

)

 

 

(760

)

 

 

(2,287

)

Balance at end of period (1)

 

$

3,563

 

 

$

10,259

 

 

$

3,563

 

 

$

10,259

 

 

 

(1)

Includes repossessed personal property of $0.3 million at September 30, 2018 and $0.1 million at September 30, 2017.

At September 30, 2018, foreclosed residential real estate property included in the table above totaled $1.5 million.  At September 30, 2018, consumer mortgage loans collateralized by residential real property that were in the process of foreclosure totaled $6.5 million.