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Other Real Estate Owned (Tables) | 12 Months Ended
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Dec. 31, 2016
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract] |
Summary of Other Real Estate Owned | The following table sets forth activity in OREO for the period:
|  | December 31, 2016 |  | December 31, 2015
|  | (in thousands)
Balance, beginning of period |  | $ | 13,738 |  |  | $ | 22,190 |
Transfers in |  | 1,047 |  |  | 8,688 |
Valuation adjustments |  | (860 | ) |  | (1,986 | )
Proceeds from sale of OREO property |  | (8,158 | ) |  | (19,292 | )
Gain on sale of OREO, net |  | 231 |  |  | 4,138 |
Balance, end of period |  | $ | 5,998 |  |  | $ | 13,738 |

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