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Other Real Estate Owned and Property Acquired in Settlement of Loans (Tables)
3 Months Ended
Mar. 31, 2016
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)
 
March 31, 2016
 
December 31, 2015
Real estate acquired in settlement of loans
 
$
13,845

 
$
16,251

Property acquired in settlement of loans
 
313

 
332

Total property acquired in settlement of loans
 
$
14,158

 
$
16,583

Schedule of 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 Three Months Ended
(dollars in thousands)
 
March 31, 2016
 
March 31, 2015
Real estate acquired in settlement of loans, beginning of period
 
$
16,251

 
$
20,122

Plus: New real estate acquired in settlement of loans
 
59

 
2,495

Less: Sales of real estate acquired in settlement of loans
 
(1,964
)
 
(1,490
)
Less: Write-downs and net loss on sales charged to expense
 
(501
)
 
(294
)
Real estate acquired in settlement of loans, end of period
 
$
13,845

 
$
20,833