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Other Real Estate Owned and Property Acquired in Settlement of Loans (Tables)
 9 Months Ended
Sep. 30, 2014
Repossessed Assets [Abstract]  
Schedule of Repossessed Assets
The following table summarizes OREO and property acquired in settlement of loans at the periods indicated:
(dollars in thousands)
 
September 30, 2014
 
December 31, 2013
Real estate acquired in settlement of loans
 
$
20,180

 
$
28,353

Property acquired in settlement of loans
 
109

 
42

Total property acquired in settlement of loans
 
$
20,289

 
$
28,395
Activities of Real Estate Acquired through Foreclosure
The following tables summarize the changes in real estate acquired in settlement of loans at the periods indicated:
 
 
For Three Months Ended
(dollars in thousands)
 
September 30, 2014
 
September 30, 2013
Real estate acquired in settlement of loans, beginning of period
 
$
21,742

 
$
35,662

Plus: New real estate acquired in settlement of loans
 
1,643

 
3,610

Less: Sales of real estate acquired in settlement of loans
 
(3,400
)
 
(6,411
)
Less: Write-downs and net gain (loss) on sales charged to expense
 
195

 
262

Real estate acquired in settlement of loans, end of period
 
$
20,180

 
$
33,123

 
 
For Nine Months Ended
(dollars in thousands)
 
September 30, 2014
 
September 30, 2013
Real estate acquired in settlement of loans, beginning of period
 
$
28,353

 
$
62,796

Plus: New real estate acquired in settlement of loans
 
2,894

 
10,403

Less: Sales of real estate acquired in settlement of loans
 
(10,328
)
 
(37,072
)
Less: Write-downs and net loss on sales charged to expense
 
(739
)
 
(3,004
)
Real estate acquired in settlement of loans, end of period
 
$
20,180

 
$
33,123