Other Real Estate Owned and Property Acquired in Settlement of Loans (Tables)

12 Months Ended

Dec. 31, 2012

Repossessed Assets [Abstract]

Schedule of Repossessed Assets

The following table summarizes real estate acquired in settlement of loans and personal property acquired in settlement of loans, the latter of which is included within the other assets financial statement line item on the Consolidated Balance Sheet at the dates indicated.

(dollars in thousands)	December 31, 2012		December 31, 2011
Real estate acquired in settlement of loans	$	62,796	$	110,009
Personal property acquired in settlement of loans	335		377
Total property acquired in settlement of loans	$	63,131	$	110,386

Activities of Real Estate Acquired through Foreclosure

The following table summarizes the changes in real estate acquired in settlement of loans at the periods indicated.

	For Twelve Months Ended
(dollars in thousands)	December 31, 2012			December 31, 2011
Real estate acquired in settlement of loans, beginning of period	$	110,009		$	62,058
Plus: New real estate acquired in settlement of loans	32,565			132,546
Plus: Real estate acquired in BOGC acquisition	—			18,436
Less: Sales of real estate acquired in settlement of loans	(57,991		)	(58,782		)
Less: Write-downs and net loss on sales charged to expense	(21,787		)	(44,249		)
Real estate acquired in settlement of loans, end of period	$	62,796		$	110,009