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Other Real Estate Owned ("OREO"), net (Tables)
12 Months Ended
Dec. 31, 2013
Real Estate [Abstract]  
Schedule of Other Real Estate Owned Activity
Transactions in the company's OREO for the years ended December 31, 2013, 2012 and 2011were as follows (dollars in thousands):
 
2013
 
2012
 
2011
Balance at beginning of year
$
6,552

 
$
21,270

 
$
39,536

Additions
2,086

 
2,260

 
10,523

Dispositions
(13,742
)
 
(36,623
)
 
(15,351
)
Change in valuation allowance
8,248

 
19,645

 
(13,438
)
Balance at end of year
$
3,144

 
$
6,552

 
$
21,270

Schedule of Other Real Estate Owned Valuation Allowance Activity
The following table summarizes activity in the OREO valuation allowance for the years ended December 31, 2013, 2012 and 2011 (dollars in thousands):
 
 
2013
 
2012
 
2011
Balance at beginning of year
$
10,642

 
$
30,287

 
$
16,849

Additions to valuation allowance
356

 
1,261

 
14,998

Reductions due to sales of OREO
(8,604
)
 
(20,906
)
 
(1,560
)
Balance at end of year
$
2,394

 
$
10,642

 
$
30,287

Summary of Other Real Estate Owned Expenses
The following table summarizes OREO expenses for the years ended December 31, 2013, 2012 and 2011 (dollars in thousands):
 
 
2013
 
2012
 
2011
Operating costs
$
254

 
$
568

 
$
1,298

(Gains) losses on sales of OREO
(81
)
 
(104
)
 
1,640

Increases in valuation allowance
356

 
1,261

 
14,998

Total
$
529

 
$
1,725

 
$
17,936