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REAL ESTATE OWNED, NET (Tables)
6 Months Ended
Jun. 30, 2014
Real Estate [Abstract]  
Schedule of Changes in Real Estate Owned, Net of Valuation Adjustments
The following table presents the changes in REO for the three and six months ended June 30, 2014 and 2013 (in thousands):
 
Three Months Ended
June 30
 
Six Months Ended
June 30
 
2014

 
2013

 
2014

 
2013

Balance, beginning of the period
$
3,236

 
$
11,160

 
$
4,044

 
$
15,778

Additions from loan foreclosures
1,996

 
418

 
2,703

 
1,504

Additions from capitalized costs
33

 

 
37

 
46

Proceeds from dispositions of REO
(1,034
)
 
(5,305
)
 
(2,675
)
 
(11,787
)
Gain on sale of REO
157

 
667

 
316

 
1,472

Valuation adjustments in the period

 
(226
)
 
(37
)
 
(299
)
Balance, end of the period
$
4,388

 
$
6,714

 
$
4,388

 
$
6,714

Schedule of Real Estate Owned by Type and Geographic Location by State
The following table shows REO by type and geographic location by state as of June 30, 2014 (in thousands):
 
Washington
 
Oregon
 
Idaho
 
Total
Commercial real estate
$

 
$

 
$
175

 
$
175

Land development—residential
614

 
1,637

 
32

 
2,283

One- to four-family real estate
1,187

 
743

 

 
1,930

Balance, end of period
$
1,801

 
$
2,380

 
$
207

 
$
4,388