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OTHER REAL ESTATE OWNED (Tables) | 3 Months Ended
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Mar. 31, 2017
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,
| 2017 |  | 2016
| (In thousands)
Balance at beginning of period | $ | 2,502 |  |  | $ | 1,097 |
Additions | 1,171 |  |  | 147 |
Sales and net direct write-downs | (325 | ) |  | (919 | )
Net change in valuation allowance | (3 | ) |  | — |
Balance at end of period | $ | 3,345 |  |  | $ | 325 |
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,
| 2017 |  | 2016
| (In thousands)
Balance at beginning of period | $ | 6 |  |  | $ | 70 |
Additions | 9 |  |  | — |
Net direct write-downs and removals from sale | (6 | ) |  | — |
Balance at end of period | $ | 9 |  |  | $ | 70 |
Expenses Related to Foreclosed Assets Included in Loan Servicing and Foreclosure Expenses | The following table presents expenses related to foreclosed assets included in All Other Expenses in the Consolidated Statements of Operations for the periods indicated:
| Three Months Ended
| March 31,
| 2017 |  | 2016
| (In thousands)
Net gain (loss) on sales | $ | (5 | ) |  | $ | 37 |
Operating expenses, net of rental income | (4 | ) |  | — |
Total | $ | (9 | ) |  | $ | 37 |

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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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