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Other Real Estate Owned and Property Acquired in Settlement of Loans (Tables)
 6 Months Ended
Jun. 30, 2012
Repossessed Assets [Abstract]  
Schedule of Repossessed Assets
The following table summarizes properties acquired in settlement of loans and personal property acquired in settlement of loans, the latter of which is included within the other assets financial statement line item on the Consolidated Balance Sheet at the periods indicated.
(dollars in thousands)
 
June 30, 2012
 
December 31, 2011

Real estate acquired in settlement of loans
 
$
86,183

 
$
110,009

Personal property acquired in settlement of loans
 
217

 
377

Total property acquired in settlement of loans
 
$
86,400

 
$
110,386
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, 2012
 
June 30, 2011
Real estate acquired in settlement of loans, beginning of period
 
$
104,193

 
$
67,331

Plus: New real estate acquired in settlement of loans
 
6,085

 
52,680

Plus: Real estate acquired in BOGC acquisition
 
—

 
—

Less: Sales of real estate acquired in settlement of loans
 
(13,502
)
 
(8,681
)
Less: Write-downs and net loss on sales charged to expense
 
(10,593
)
 
(9,946
)
Real estate acquired in settlement of loans, end of period
 
$
86,183

 
$
101,384

 
 
For Six Months Ended
(dollars in thousands)
 
June 30, 2012
 
June 30, 2011
Real estate acquired in settlement of loans, beginning of period
 
$
110,009

 
$
62,058

Plus: New real estate acquired in settlement of loans
 
15,020

 
73,967

Plus: Real estate acquired in BOGC acquisition
 
—

 
—

Less: Sales of real estate acquired in settlement of loans
 
(24,376
)
 
(10,399
)
Less: Write-downs and net loss on sales charged to expense
 
(14,470
)
 
(24,242
)
Real estate acquired in settlement of loans, end of period
 
$
86,183

 
$
101,384