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Other Real Estate Owned
 6 Months Ended
Jun. 30, 2017
Banking and Thrift [Abstract]  
Real Estate Owned [Text Block]
NOTE F - OTHER REAL ESTATE OWNED (OREO)

The following table explains changes in other real estate owned during the six months ended June 30, 2017 and June 30, 2016.
(Dollars in thousands)
Covered
 
Noncovered
 
Total
Balance at December 31, 2015
$
6,817

 
$
58,742

 
$
65,559

Additions
4,734

 
16,546

 
21,280

Additions acquired in the First CornerStone Bank acquisition
—

 
144

 
144

Sales
(781
)
 
(14,728
)
 
(15,509
)
Write-downs
(570
)
 
(3,815
)
 
(4,385
)
Transfers (1)
(9,716
)
 
9,716

 
—

Balance at June 30, 2016
$
484

 
$
66,605

 
$
67,089

 
 
 
 
 
 
Balance at December 31, 2016
$
472

 
$
60,759

 
$
61,231

Additions
16

 
21,875

 
21,891

Additions acquired in the Guaranty Bank acquisition
—

 
55

 
55

Sales
(273
)
 
(19,115
)
 
(19,388
)
Write-downs
(53
)
 
(2,955
)
 
(3,008
)
Balance at June 30, 2017
$
162

 
$
60,619

 
$
60,781


(1) Transfers include OREO balances associated with expired or terminated shared-loss agreements.
At June 30, 2017 and December 31, 2016, BancShares had $20.6 million and $15.0 million, respectively, of foreclosed residential real estate property in OREO. The recorded investment in consumer mortgage loans collateralized by residential real estate property in the process of foreclosure was $28.8 million and $21.8 million at June 30, 2017 and December 31, 2016, respectively.