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Other Real Estate Owned and Property Acquired in Settlement of Loans (Tables)
6 Months Ended
Jun. 30, 2015
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)
 
June 30, 2015
 
December 31, 2014
Real estate acquired in settlement of loans
 
$
19,717

 
$
20,122

Property acquired in settlement of loans
 
238

 
289

Total property acquired in settlement of loans
 
$
19,955

 
$
20,411

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)
 
June 30, 2015
 
June 30, 2014
Real estate acquired in settlement of loans, beginning of period
 
$
20,833

 
$
24,573

Plus: New real estate acquired in settlement of loans
 
938

 
983

Less: Sales of real estate acquired in settlement of loans
 
(1,663
)
 
(3,154
)
Less: Write-downs and net loss on sales charged to expense
 
(391
)
 
(660
)
Real estate acquired in settlement of loans, end of period
 
$
19,717

 
$
21,742

 
 
For Six Months Ended
(dollars in thousands)
 
June 30, 2015
 
June 30, 2014
Real estate acquired in settlement of loans, beginning of period
 
$
20,122

 
$
28,353

Plus: New real estate acquired in settlement of loans
 
3,433

 
1,251

Less: Sales of real estate acquired in settlement of loans
 
(3,153
)
 
(6,928
)
Less: Write-downs and net loss on sales charged to expense
 
(685
)
 
(934
)
Real estate acquired in settlement of loans, end of period
 
$
19,717

 
$
21,742