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OTHER REAL ESTATE OWNED (Tables) | 3 Months Ended
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Mar. 31, 2016
Real Estate Owned, Disclosure of Detailed Components [Abstract] |
Schedule of Real Estate Owned | The following table presents the activity in OREO for the periods indicated:
| Three Months Ended
| March 31,
| 2016 |  | 2015
| (In thousands)
Balance at beginning of period | $ | 1,097 |  |  | $ | 423 |
Additions | 147 |  |  | 534 |
Sales and net direct write-downs | (919 | ) |  | (437 | )
Net change in valuation allowance | — |  |  | (22 | )
Balance at end of period | $ | 325 |  |  | $ | 498 |
Activities in Other Real Estate Owned Valuation Allowance | The following table presents the activity in the OREO valuation allowance for the periods indicated:
| Three Months Ended
| March 31,
| 2016 |  | 2015
| (In thousands)
Balance at beginning of period | $ | 70 |  |  | $ | 32 |
Additions | — |  |  | 22 |
Balance at end of period | $ | 70 |  |  | $ | 54 |
Expenses Related to Foreclosed Assets Included in Loan Servicing and Foreclosure Expenses | The following table presents expenses related to foreclosed assets included in Loan Servicing and Foreclosure Expenses on the Consolidated Statements of Operations for the periods indicated:
| Three Months Ended
| March 31,
| 2016 |  | 2015
| (In thousands)
Net gain on sales | $ | 37 |  |  | $ | 17 |
Operating expenses, net of rental income | — |  |  | — |
Total | $ | 37 |  |  | $ | 17 |

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- Definition Expenses related to foreclosed assets included in loan servicing and foreclosure expenses. + References No definition available. + Details
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- Definition Tabular disclosure of the change in the valuation allowance for other real estate owned. + References No definition available. + Details
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