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Other Real Estate Owned (Tables) | 9 Months Ended
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Sep. 30, 2015
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract] |
Summary of Other Real Estate Owned | The following tables set forth activity in OREO for the three and nine months ended September 30, 2015 and 2014:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
|  | (in thousands)
Balance, beginning of period |  | $ | 20,617 |  |  | $ | 28,254 |  |  | $ | 22,190 |  |  | $ | 35,927 |
Transfers in |  | 915 |  |  | 1,089 |  |  | 8,751 |  |  | 8,930 |
Valuation adjustments |  | (664 | ) |  | (667 | ) |  | (1,457 | ) |  | (3,220 | )
Proceeds from sale of OREO property |  | (1,675 | ) |  | (8,755 | ) |  | (13,283 | ) |  | (24,688 | )
Gain on sale of OREO, net |  | 263 |  |  | 1,983 |  |  | 3,255 |  |  | 4,955 |
Balance, end of period |  | $ | 19,456 |  |  | $ | 21,904 |  |  | $ | 19,456 |  |  | $ | 21,904 |

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