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Other Real Estate Owned (Tables) | 6 Months Ended
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Jun. 30, 2016
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 six months ended June 30, 2016 and 2015:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
|  | (in thousands)
Balance, beginning of period |  | $ | 12,427 |  |  | $ | 23,299 |  |  | $ | 13,738 |  |  | $ | 22,190 |
Transfers in |  | 206 |  |  | 3,143 |  |  | 311 |  |  | 7,836 |
Valuation adjustments |  | (139 | ) |  | (596 | ) |  | (276 | ) |  | (793 | )
Proceeds from sale of OREO property |  | (1,950 | ) |  | (6,484 | ) |  | (3,276 | ) |  | (11,608 | )
Gain on sale of OREO, net |  | 69 |  |  | 1,255 |  |  | 116 |  |  | 2,992 |
Balance, end of period |  | $ | 10,613 |  |  | $ | 20,617 |  |  | $ | 10,613 |  |  | $ | 20,617 |

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