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Other Real Estate Owned (Tables) | 3 Months Ended
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Mar. 31, 2018
Other Real Estate Owned [Abstract] |
Activity for Other Real Estate Owned | Activity for other real estate owned was as follows:
(in thousands) |  | March 31, 2018 |  |  | March 31, 2017 |
Beginning balance of other real estate owned |  | $ | 31,996 |  |  | $ | 35,856 |
New assets acquired |  |  | 1,284 |  |  |  | 1,004 |
Fair value adjustments |  |  | (467 | ) |  |  | (538 | )
Sale of assets |  |  | (809 | ) |  |  | (510 | )
Ending balance of other real estate owned |  | $ | 32,004 |  |  | $ | 35,812 |
Major Classifications of Foreclosed Properties | The major classifications of foreclosed properties are shown in the following table:
(in thousands) |  | March 31 2018 |  |  | December 31 2017 |
1-4 family |  | $ | 5,965 |  |  | $ | 5,908 |
Agricultural/farmland |  |  | 51 |  |  |  | 68 |
Construction/land development/other |  |  | 16,368 |  |  |  | 16,158 |
Multifamily |  |  | 108 |  |  |  | 176 |
Non-farm/non-residential |  |  | 9,512 |  |  |  | 9,686 |
Total foreclosed properties |  | $ | 32,004 |  |  | $ | 31,996 |

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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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