v2.4.0.6
Noncovered Other Real Estate Owned (Tables)
 12 Months Ended
Dec. 31, 2011
Other Real Estate and Foreclosed Assets [Abstract]  
Summary of Noncovered Other Real Estate Owned
The following table sets forth activity in noncovered OREO for the period:
 
 
December 31, 2011
 
December 31, 2010
 
 
(in thousands)
Noncovered OREO:
 
 
 
 
Balance, beginning of period
 
$
30,991

 
$
19,037

Transfers in, net of write-downs ($315 and $193, respectively)
 
8,834

 
19,006

OREO improvements
 
730

 
1,635

Additional OREO write-downs
 
(5,641
)
 
(3,962
)
Proceeds from sale of OREO property
 
(12,278
)
 
(4,800
)
Gain (loss) on sale of OREO
 
257

 
75

Total noncovered OREO, end of period
 
$
22,893

 
$
30,991