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Changes in Noncovered Other Real Estate Owned
3 Months Ended
Mar. 31, 2012
Other Real Estate and Foreclosed Assets [Abstract]  
Changes in Noncovered Other Real Estate Owned
Changes in Noncovered Other Real Estate Owned
The following table sets forth activity in noncovered OREO for the three months ended March 31, 2012 and 2011:
 
 
Three Months Ended March 31,
 
 
2012
 
2011
 
 
(in thousands)
Noncovered OREO:
 
 
 
 
Balance, beginning of period
 
$
22,893

 
$
30,991

Transfers in, net of write-downs ($118 and $91, respectively)
 
3,803

 
2,042

OREO improvements
 
11

 
251

Additional OREO write-downs
 
(1,722
)
 
(1,910
)
Proceeds from sale of OREO property
 
(7,829
)
 
(5,372
)
Gain (loss) on sale of OREO
 
(412
)
 
79

Total noncovered OREO, end of period
 
$
16,744

 
$
26,081