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Other Real Estate Owned | 12 Months Ended
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Dec. 31, 2017
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Other Real Estate Owned |
8. | OTHER REAL ESTATE OWNED
The following table summarizes the activity related to total OREO for the periods presented.
|  | For the Year Ended December 31, |
|  | 2017 |  |  | 2016 |
|  | (Dollars in thousands) |
Balance, beginning of period |  | $ | 4,527 |  |  | $ | 6,993 |
Additions |  |  | - |  |  |  | - |
Dispositions |  |  | - |  |  |  | (2,129) |
Valuation adjustments |  |  | - |  |  |  | (337) |
Balance, end of period |  | $ | 4,527 |  |  | $ | 4,527 |

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