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Other Real Estate Owned (Tables) | 9 Months Ended
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Sep. 30, 2018
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, 2018 and 2017:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
|  | (in thousands)
Balance, beginning of period |  | $ | 7,080 |  |  | $ | 4,058 |  |  | $ | 13,298 |  |  | $ | 5,998 |
Transfers in |  | 794 |  |  | 74 |  |  | 1,200 |  |  | 74 |
Valuation adjustments |  | (495 | ) |  | (138 | ) |  | (697 | ) |  | (364 | )
Proceeds from sale of OREO property |  | (47 | ) |  | (182 | ) |  | (5,868 | ) |  | (1,901 | )
Loss on sale of OREO, net |  | (1 | ) |  | (130 | ) |  | (602 | ) |  | (125 | )
Balance, end of period |  | $ | 7,331 |  |  | $ | 3,682 |  |  | $ | 7,331 |  |  | $ | 3,682 |

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