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Other Real Estate Owned and Personal Property Acquired in Settlement of Loans (Tables)
 12 Months Ended
Dec. 31, 2015
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, 2015
 
December 31, 2014

Real estate acquired in settlement of loans
 
$
16,251

 
$
20,122

Personal property acquired in settlement of loans
 
332

 
289

Total property acquired in settlement of loans
 
$
16,583

 
$
20,411
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 Year Ended
(dollars in thousands)
 
December 31, 2015
 
December 31, 2014
Real estate acquired in settlement of loans, beginning of period
 
$
20,122

 
$
28,353

Plus: New real estate acquired in settlement of loans
 
4,503

 
4,372

Less: Sales of real estate acquired in settlement of loans
 
(6,590
)
 
(11,849
)
Less: Write-downs and net loss on sales charged to expense
 
(1,784
)
 
(754
)
Real estate acquired in settlement of loans, end of period
 
$
16,251

 
$
20,122