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Other Real Estate Owned (Tables) | 6 Months Ended
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Jun. 30, 2017
Other Real Estate Owned [Abstract] |
Activity for Other Real Estate Owned | Activity for other real estate owned was as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30 |  |  | June 30 |
(in thousands) |  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Beginning balance of other real estate owned |  | $ | 35,812 |  |  | $ | 38,985 |  |  | $ | 35,856 |  |  | $ | 40,674 |
New assets acquired |  |  | 577 |  |  |  | 1,960 |  |  |  | 1,581 |  |  |  | 3,251 |
Capitalized costs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Fair value adjustments |  |  | (1,449 | ) |  |  | (91 | ) |  |  | (1,987 | ) |  |  | (224 | )
Sale of assets |  |  | (2,155 | ) |  |  | (3,114 | ) |  |  | (2,665 | ) |  |  | (5,961 | )
Ending balance of other real estate owned |  | $ | 32,785 |  |  | $ | 37,740 |  |  | $ | 32,785 |  |  | $ | 37,740 |
Major Classifications of Foreclosed Properties | The major classifications of foreclosed properties are shown in the following table:
(in thousands) |  | June 30 2017 |  |  | December 31 2016 |
1-4 family |  | $ | 5,756 |  |  | $ | 6,210 |
Agricultural/farmland |  |  | 90 |  |  |  | 93 |
Construction/land development/other |  |  | 18,074 |  |  |  | 20,778 |
Multifamily |  |  | 176 |  |  |  | 270 |
Non-farm/non-residential |  |  | 8,542 |  |  |  | 8,505 |
Total foreclosed properties |  | $ | 32,638 |  |  | $ | 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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