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REAL ESTATE OWNED, NET (Tables)
12 Months Ended
Dec. 31, 2013
Real Estate [Abstract]  
Schedule of Changes in Real Estate Owned, Net of Valuation Allowance
The following table presents the changes in real estate owned (REO), net of valuation allowance, for the years ended December 31, 2013, 2012 and 2011 (in thousands):
 
Years Ended December 31
 
2013

 
2012

 
2011

Balance, beginning of period
$
15,778

 
$
42,965

 
$
100,872

Additions from loan foreclosures
3,166

 
13,930

 
53,197

Additions from capitalized costs
348

 
300

 
4,404

Dispositions of REO
(16,944
)
 
(40,965
)
 
(99,070
)
Gain (loss) on sale of REO
2,481

 
4,725

 
(1,374
)
Valuation adjustments in the period
(785
)
 
(5,177
)
 
(15,064
)
Balance, end of period
$
4,044

 
$
15,778

 
$
42,965

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

 
$

 
$
175

 
$
175

Land development—residential
1,028

 
1,275

 
33

 
2,336

One- to four-family real estate
888

 
348

 
297

 
1,533

Total REO
$
1,916

 
$
1,623

 
$
505

 
$
4,044

Percent of total REO
47.4
%
 
40.1
%
 
12.5
%
 
100.0
%