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Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2018
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Summary of Other Real Estate Owned
The following tables set forth activity in OREO for the three months ended March 31, 2018 and 2017:
 
 
Three Months Ended March 31,
 
 
2018
 
2017
 
 
(in thousands)
Balance, beginning of period
 
$
13,298

 
$
5,998

Transfers in
 
406

 

Valuation adjustments
 
(92
)
 
(193
)
Proceeds from sale of OREO property
 
(2,062
)
 
(1,275
)
Loss on sale of OREO, net
 
(43
)
 
(11
)
Balance, end of period
 
$
11,507

 
$
4,519