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Other Real Estate Owned (Tables) | 6 Months Ended
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Jun. 30, 2018
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) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Beginning balance of other real estate owned |  | $ | 32,004 |  |  | $ | 35,812 |  |  | $ | 31,996 |  |  | $ | 35,856 |
New assets acquired |  |  | 1,559 |  |  |  | 577 |  |  |  | 2,843 |  |  |  | 1,581 |
Capitalized costs |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Fair value adjustments |  |  | (853 | ) |  |  | (1,449 | ) |  |  | (1,320 | ) |  |  | (1,987 | )
Sale of assets |  |  | (2,448 | ) |  |  | (2,155 | ) |  |  | (3,257 | ) |  |  | (2,665 | )
Ending balance of other real estate owned |  | $ | 30,262 |  |  | $ | 32,785 |  |  | $ | 30,262 |  |  | $ | 32,785 |
Major Classifications of Foreclosed Properties | The major classifications of foreclosed properties are shown in the following table:
(in thousands) |  | June 30 2018 |  |  | December 31 2017 |
1-4 family |  | $ | 5,426 |  |  | $ | 5,908 |
Agricultural/farmland |  |  | 0 |  |  |  | 68 |
Construction/land development/other |  |  | 15,640 |  |  |  | 16,158 |
Multifamily |  |  | 108 |  |  |  | 176 |
Non-farm/non-residential |  |  | 9,088 |  |  |  | 9,686 |
Total foreclosed properties |  | $ | 30,262 |  |  | $ | 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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