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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2014
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Other Real Estate Owned
OREO

The Company's OREO activity for the years ended December 31, 2014, 2013 and 2012 is presented in the below:
 
2014
 
2013
 
2012
Balance at beginning of year
$
2,195

 
$
1,313

 
$
1,682

Additions
1,337

 
1,958

 
2,180

Disposals
(1,759
)
 
(906
)
 
(2,388
)
Write-downs
(186
)
 
(170
)
 
(161
)
Balance at end of year
$
1,587

 
$
2,195

 
$
1,313



The Company's OREO portfolio by property type is presented in the table below as of December 31:
 
2014
 
2013
 
Number of Properties
 
Carrying Value
 
Number of Properties
 
Carrying Value
Residential
11

 
$
575

 
10

 
$
1,043

Commercial
6

 
1,012

 
6

 
1,152

Total
17

 
$
1,587

 
16

 
$
2,195



The Company recorded a net loss on sale of OREO property of $29,000 for the year ended December 31, 2014, a net gain of $40,000 for the year ended December 31, 2013, and a net loss of $318,000 for the year ended December 31, 2012. The gain or loss recorded on sale of OREO properties is presented within non-interest expense on the consolidated statements of income.