XML 63 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER REAL ESTATE OWNED (Tables)
 12 Months Ended
Dec. 31, 2017
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Schedule of Real Estate Owned
The following table presents the activity in other real estate owned for the periods indicated:
 
 
Year Ended December 31,
($ in thousands)
 
2017
 
2016
 
2015
Balance at beginning of year
 
$
2,502

 
$
1,097

 
$
423

Additions
 
3,086

 
3,269

 
1,598

Sales and net direct write-downs
 
(3,556
)
 
(1,833
)
 
(886
)
Net change in valuation allowance
 
(236
)
 
(31
)
 
(38
)
Balance at end of year
 
$
1,796

 
$
2,502

 
$
1,097
Activities in Other Real Estate Owned Valuation Allowance
The following table presents the activity in the other real estate owned valuation allowance for the periods indicated:
 
 
Year Ended December 31,
($ in thousands)
 
2017
 
2016
 
2015
Balance at beginning of year
 
$
6

 
$
70

 
$
32

Additions
 
242

 
31

 
38

Net direct write-downs and removals from sale
 
(6
)
 
(95
)
 
—

Balance at end of year
 
$
242

 
$
6

 
$
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 Expense on the Consolidated Statements of Operations for the periods indicated:
 
 
Year Ended December 31,
($ in thousands)
 
2017
 
2016
 
2015
Net (loss) gain on sales
 
$
(48
)
 
$
(96
)
 
$
23

Operating expenses, net of rental income
 
(51
)
 
(108
)
 
—

Total
 
$
(99
)
 
$
(204
)
 
$
23