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Other Real Estate Owned (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2018 and 2017:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
(in thousands)
Balance, beginning of period
 
$
11,507

 
$
4,519

 
$
13,298

 
$
5,998

Transfers in
 

 

 
406

 

Valuation adjustments
 
(110
)
 
(33
)
 
(202
)
 
(226
)
Proceeds from sale of OREO property
 
(3,759
)
 
(444
)
 
(5,821
)
 
(1,719
)
Gain (loss) on sale of OREO, net
 
(558
)
 
16

 
(601
)
 
5

Balance, end of period
 
$
7,080

 
$
4,058

 
$
7,080

 
$
4,058