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Other Real Estate Owned (Tables) | 3 Months Ended
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Mar. 31, 2017
Other Real Estate Owned [Abstract] |
Activity for Other Real Estate Owned | Activity for other real estate owned was as follows:
(in thousands) |  | March 31, 2017 |  |  | March 31, 2016 |
Beginning balance of other real estate owned |  | $ | 35,856 |  |  | $ | 40,674 |
New assets acquired |  |  | 1,004 |  |  |  | 1,291 |
Capitalized costs |  |  | 0 |  |  |  | 0 |
Fair value adjustments |  |  | (538 | ) |  |  | (134 | )
Sale of assets |  |  | (510 | ) |  |  | (2,846 | )
Ending balance of other real estate owned |  | $ | 35,812 |  |  | $ | 38,985 |
Major Classifications of Foreclosed Properties | The major classifications of foreclosed properties are shown in the following table:
(in thousands) |  | March 31 2017 |  |  | December 31 2016 |
1-4 family |  | $ | 6,048 |  |  | $ | 6,210 |
Agricultural/farmland |  |  | 90 |  |  |  | 93 |
Construction/land development/other |  |  | 20,349 |  |  |  | 20,778 |
Multifamily |  |  | 270 |  |  |  | 270 |
Non-farm/non-residential |  |  | 8,907 |  |  |  | 8,505 |
Total foreclosed properties |  | $ | 35,664 |  |  | $ | 35,856 |

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- Definition Tabular disclosure of major classifications of foreclosed properties. + References No definition available. + Details
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- Definition Tabular disclosure of the change in other real estate on properties owned. Excludes real estate assets taken in settlement of troubled loans through surrender or foreclosure by banks. + References No definition available. + Details
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