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Foreclosed Assets
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
Foreclosed Assets

8.  Foreclosed Assets

Foreclosed real estate is reported net of a valuation allowance and included in accrued interest receivable and other assets in the accompanying consolidated balance sheets. Activity for the years ended December 31, 2013, 2012, and 2011 is as follows:

 

     2013     2012     2011  

Balance, beginning of year

   $ 325      $ 505      $ 396   

Additions

     1,151        750        249   

Sales (at carrying value)

     (490     (930     (140
  

 

 

   

 

 

   

 

 

 

Balance, end of year

   $ 986      $ 325      $ 505   
  

 

 

   

 

 

   

 

 

 

Expenses related to foreclosed real estate include:

 

     2013     2012     2011  

Net loss (gain) on sale

   $ (252   $ (158   $ (101

Operating expenses, net of rental income

     81        176        24   
  

 

 

   

 

 

   

 

 

 
   $ (171   $ 18      $ (77