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Other Real Estate Owned (OREO) (Tables)
 12 Months Ended
Dec. 31, 2016
Banking and Thrift [Abstract]  
Changes in the Balance for OREO
Changes in the balance for OREO, net of valuation allowances, are as follows:
(Dollars in thousands)
December 31, 2016
 
December 31, 2015
Balance at the beginning of year, net
$
3,345

 
$
4,051

Transfers from loans, net
2,645

 
287

Purchased loans
40

 
—

Sales proceeds
(713
)
 
(814
)
Gain (loss) on disposition
66

 
(100
)
Less valuation adjustments
(310
)
 
(79
)
Balance at the end of year, net
$
5,073

 
$
3,345
Schedule of Real Estate Owned Classifications
The major classifications of OREO in the consolidated balance sheets at December 31, 2016 and 2015 were as follows:
(Dollars in thousands)
December 31, 2016
 
December 31, 2015
Real estate loans:
 
 
 
Construction
$
946

 
$
853

Secured by 1-4 family residential
3,767

 
1,958

Other real estate loans
360

 
534

Total real estate loans
$
5,073

 
$
3,345