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v3.19.2

Other Real Estate Owned (Tables) | 6 Months Ended
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Jun. 30, 2019
Other Real Estate Owned [Abstract] |
Activity for Other Real Estate Owned | Activity for other real estate owned was as follows:
|  | Three Months Ended June 30 |  |  | Six Months Ended June 30 |
(in thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Beginning balance of other real estate owned |  | $ | 24,970 |  |  | $ | 32,004 |  |  | $ | 27,273 |  |  | $ | 31,996 |
New assets acquired |  |  | 388 |  |  |  | 1,559 |  |  |  | 1,242 |  |  |  | 2,843 |
Fair value adjustments |  |  | (692 | ) |  |  | (853 | ) |  |  | (1,139 | ) |  |  | (1,320 | )
Sale of assets |  |  | (2,130 | ) |  |  | (2,448 | ) |  |  | (4,840 | ) |  |  | (3,257 | )
Ending balance of other real estate owned |  | $ | 22,536 |  |  | $ | 30,262 |  |  | $ | 22,536 |  |  | $ | 30,262 |
Major Classifications of Foreclosed Properties | The major classifications of foreclosed properties are shown in the following table:
(in thousands) |  | June 30 2019 |  |  | December 31 2018 |
1-4 family |  | $ | 3,273 |  |  | $ | 5,253 |
Agricultural/farmland |  |  | 0 |  |  |  | 0 |
Construction/land development/other |  |  | 13,495 |  |  |  | 15,017 |
Multifamily |  |  | 88 |  |  |  | 88 |
Non-farm/non-residential |  |  | 5,680 |  |  |  | 6,915 |
Total foreclosed properties |  | $ | 22,536 |  |  | $ | 27,273 |

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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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