v2.4.0.8
Noncovered Other Real Estate Owned
 12 Months Ended
Dec. 31, 2013
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Noncovered Other Real Estate Owned
Noncovered Other Real Estate Owned
The following table sets forth activity in noncovered OREO for the period:
 
 
December 31, 2013
 
December 31, 2012
 
 
(in thousands)
Noncovered OREO:
 
 
 
 
Balance, beginning of period
 
$
10,676

 
$
22,893

Established through acquisitions
 
14,708

 
—

Transfers in, net of write-downs ($90 and $205, respectively)
 
9,273

 
7,461

Additions to OREO
 
3,577

 
11

Additional OREO write-downs
 
(1,753
)
 
(4,816
)
Proceeds from sale of OREO property
 
(13,903
)
 
(15,689
)
Net gain on sale of OREO
 
1,256

 
816

Total noncovered OREO, end of period
 
$
23,834

 
$
10,676