Other Real Estate Owned ("OREO"), net

3 Months Ended

Mar. 31, 2017

Real Estate [Abstract]

Other Real Estate Owned (OREO), net

Other Real Estate Owned (“OREO”), net

The following table presents activity related to OREO for the periods shown (dollars in thousands):

	Three months ended    March 31,
	2017		2016
Balance at beginning of period	$	1,677	$	3,274
Additions	50		—
Balances at end of period	$	1,727	$	3,274

The following table summarizes activity in the OREO valuation allowance for the periods shown (dollars in thousands):

	Three months ended    March 31,
	2017		2016
Balance at beginning of period	$	776	$	776
Additions to the valuation allowance	—		—
Reductions due to sales	—		—
Balance at end of period	$	776	$	776

The following table summarizes OREO (income) expenses for the periods shown (dollars in thousands):

	Three months ended    March 31,
	2017		2016
Operating costs	$	10	$	45
Increases in valuation allowance	—		167
Total	$	10	$	212