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Other Real Estate Owned and Personal Property Acquired in Settlement of Loans (Tables)
12 Months Ended
Dec. 31, 2013
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 at the periods indicated:
(dollars in thousands)
 
December 31, 2013
 
December 31, 2012

Real estate acquired in settlement of loans
 
$
28,353

 
$
62,796

Personal property acquired in settlement of loans
 
42

 
335

Total property acquired in settlement of loans
 
$
28,395

 
$
63,131

Activities of Real Estate Acquired through Foreclosure
The following table summarize the changes in real estate acquired in settlement of loans at the periods indicated:
 
 
For Year Ended
(dollars in thousands)
 
December 31, 2013
 
December 31, 2012
Real estate acquired in settlement of loans, beginning of period
 
$
62,796

 
$
110,009

Plus: New real estate acquired in settlement of loans
 
15,001

 
32,565

Less: Sales of real estate acquired in settlement of loans
 
(45,523
)
 
(57,991
)
Less: Write-downs and net loss on sales charged to expense
 
(3,921
)
 
(21,787
)
Real estate acquired in settlement of loans, end of period
 
$
28,353

 
$
62,796