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BANK OWNED LIFE INSURANCE (Tables) | 12 Months Ended
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Dec. 31, 2017
BANK OWNED LIFE INSURANCE |
Schedule of change in cash surrender value |
|  | For the Years Ended December 31,
(Dollars in thousands) |  | 2017 |  | 2016 |  | 2015
Balance at beginning of year |  | $ | 51,430 |  | $ | 50,441 |  | $ | 34,084
Purchases |  |  | 15,000 |  |  | — |  |  | 15,000
Redemptions |  |  | — |  |  | (367) |  |  | —
Earnings, net |  |  | 1,580 |  |  | 1,356 |  |  | 1,357
Balance at end of year |  | $ | 68,010 |  | $ | 51,430 |  | $ | 50,441

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