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Other Real Estate Owned
3 Months Ended
Mar. 31, 2018
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 three months ended March 31, 2018 and March 31, 2017.
(Dollars in thousands)
Total
Balance at December 31, 2016
$
61,231

Additions
5,822

Sales
(8,845
)
Write-downs
(1,717
)
Balance at March 31, 2017
$
56,491

 
 
Balance at December 31, 2017
$
51,097

Additions
6,582

Sales
(8,380
)
Write-downs
(1,210
)
Balance at March 31, 2018
$
48,089


At March 31, 2018 and December 31, 2017, BancShares had $16.5 million and $19.8 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 $30.6 million and $26.9 million at March 31, 2018 and December 31, 2017, respectively.