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Other Real Estate Owned (Tables)
9 Months Ended
Sep. 30, 2014
Other Real Estate Owned [Abstract]  
Details of changes in other real estate owned

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 2014

 

(In thousands)

    

Loans

    

Tax Liens

    

Total

 

Beginning balance

 

$

1,725 

 

$

7,892 

 

$

9,617 

 

Net proceeds from sales

 

 

(1,214)

 

 

(2,334)

 

 

(3,548)

 

Net gains on sales

 

 

22 

 

 

611 

 

 

633 

 

Transfers in

 

 

 —

 

 

1,998 

 

 

1,998 

 

Cash additions

 

 

 —

 

 

1,292 

 

 

1,292 

 

Impairment charge

 

 

(100)

 

 

(299)

 

 

(399)

 

Ending balance

 

$

433 

 

$

9,160 

 

$

9,593 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2013

 

(In thousands)

    

Loans

    

Tax Liens

    

Total

 

Beginning balance

 

$

11,365 

 

$

2,070 

 

$

13,435 

 

Net proceeds from sales

 

 

(8,869)

 

 

(3,910)

 

 

(12,779)

 

Net gain on sales

 

 

228 

 

 

1,199 

 

 

1,427 

 

Transfers in

 

 

100 

 

 

8,951 

 

 

9,051 

 

Cash additions

 

 

 —

 

 

 —

 

 

 —

 

Impairment charge

 

 

(1,099)

 

 

(418)

 

 

(1,517)

 

Ending balance

 

$

1,725 

 

$

7,892 

 

$

9,617