XML 44 R13.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Other Real Estate Owned | 6 Months Ended
--- | ---
Jun. 30, 2017
Other Real Estate Owned |
Other Real Estate Owned | Note 6 – Other Real Estate Owned Details related to the activity in the other real estate owned (“OREO”) portfolio, net of valuation reserve, for the periods presented are itemized in the following table:
|  | Quarters Ended |  | Six Months Ended |
|  | June 30, |  | June 30, |
Other real estate owned |  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Balance at beginning of period |  | $ | 13,481 |  | $ | 17,745 |  | $ | 11,916 |  | $ | 19,141 |
Property additions |  |  | 204 |  |  | 586 |  |  | 3,620 |  |  | 968 |
Property improvements |  |  | - |  |  | - |  |  | - |  |  | 12 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from property disposals, net of gains/losses |  |  | 1,569 |  |  | 1,590 |  |  | 3,102 |  |  | 2,929 |
Period valuation adjustments |  |  | 392 |  |  | 489 |  |  | 710 |  |  | 940 |
Balance at end of period |  | $ | 11,724 |  | $ | 16,252 |  | $ | 11,724 |  | $ | 16,252 |
Activity in the valuation allowance was as follows:
|  | Quarters Ended |  | Six Months Ended |
|  | June 30, |  | June 30, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Balance at beginning of period |  | $ | 9,659 |  | $ | 14,399 |  | $ | 9,982 |  | $ | 14,127 |
Provision for unrealized losses |  |  | 392 |  |  | 489 |  |  | 710 |  |  | 940 |
Reductions taken on sales |  |  | (1,747) |  |  | (1,511) |  |  | (2,388) |  |  | (1,690) |
Balance at end of period |  | $ | 8,304 |  | $ | 13,377 |  | $ | 8,304 |  | $ | 13,377 |
Expenses related to OREO, net of lease revenue includes:
|  | Quarters Ended |  | Six Months Ended |
|  | June 30, |  | June 30, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Gain on sales, net |  | $ | (104) |  | $ | (25) |  | $ | (178) |  | $ | (67) |
Provision for unrealized losses |  |  | 392 |  |  | 489 |  |  | 710 |  |  | 940 |
Operating expenses |  |  | 293 |  |  | 420 |  |  | 816 |  |  | 856 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Lease revenue |  |  | 42 |  |  | 5 |  |  | 100 |  |  | 112 |
Net OREO expense |  | $ | 539 |  | $ | 879 |  | $ | 1,248 |  | $ | 1,617 |

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=68051746&loc=d3e18551-111553 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 40 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=68051746&loc=d3e18511-111553 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65884687&loc=d3e4437-111522 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 35 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1424-110224 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule III)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)(4)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 35 -Paragraph 43 -URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1739-110224 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(8)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration