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REAL ESTATE OWNED, NET (Tables)
3 Months Ended
Mar. 31, 2013
Real Estate [Abstract]  
Schedule of Changes in Real Estate Owned, Net of Valuation Adjustments
The following table presents the changes in REO, net of valuation adjustments, for the three months ended March 31, 2013 and 2012 (in thousands):
 
Three Months Ended
March 31
 
2013

 
2012

Balance, beginning of the period
$
15,778

 
$
42,965

Additions from loan foreclosures
1,086

 
1,601

Additions from capitalized costs
46

 
127

Dispositions of REO
(6,481
)
 
(15,441
)
Gain on sale of REO
804

 
100

Valuation adjustments in the period
(73
)
 
(1,629
)
Balance, end of the period
$
11,160

 
$
27,723

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 March 31, 2013 (in thousands):
 
Washington
 
Oregon
 
Idaho
 
Total
Commercial real estate
$

 
$

 
$
198

 
$
198

One- to four-family construction
401

 

 

 
401

Land development—residential
1,610

 
6,321

 
70

 
8,001

One- to four-family real estate
1,077

 
1,483

 

 
2,560

Balance, end of period
$
3,088

 
$
7,804

 
$
268

 
$
11,160