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Other Real Estate Owned and Property Acquired in Settlement of Loans (Tables)
9 Months Ended
Sep. 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)
 
September 30, 2015
 
December 31, 2014
Real estate acquired in settlement of loans
 
$
18,879

 
$
20,122

Property acquired in settlement of loans
 
287

 
289

Total property acquired in settlement of loans
 
$
19,166

 
$
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)
 
September 30, 2015
 
September 30, 2014
Real estate acquired in settlement of loans, beginning of period
 
$
19,717

 
$
21,742

Plus: New real estate acquired in settlement of loans
 
766

 
1,643

Less: Sales of real estate acquired in settlement of loans
 
(1,110
)
 
(3,400
)
Less: Write-downs and net loss on sales charged to expense
 
(494
)
 
195

Real estate acquired in settlement of loans, end of period
 
$
18,879

 
$
20,180

 
 
For Nine Months Ended
(dollars in thousands)
 
September 30, 2015
 
September 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
 
4,199

 
2,894

Less: Sales of real estate acquired in settlement of loans
 
(4,263
)
 
(10,328
)
Less: Write-downs and net loss on sales charged to expense
 
(1,179
)
 
(739
)
Real estate acquired in settlement of loans, end of period
 
$
18,879

 
$
20,180