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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2016
Real Estate [Abstract]  
Other Real Estate Owned
OTHER REAL ESTATE OWNED
 
The Company had no other real estate owned (OREO) at December 31, 2016 or December 31, 2015. The table below provides a summary of the change in other real estate owned (OREO) balances for the years ended December 31, 2016 and 2015 (in thousands):
 
 
December 31,
 
 
2016

2015
Balance, beginning of year
 
$
—

 
$
—

Additions
 
—

 
227

1st lien assumed upon foreclosure
 
—

 
121

Dispositions
 
—

 
(359
)
Write-downs
 
—

 
—

Net gain on dispositions
 
—

 
11

Balance, end of year
 
$
—

 
$
—



As of December 31, 2016 and December 31, 2015 the Bank had no OREO properties. In 2015, the Bank foreclosed on one property collateralized by real estate. Proceeds from OREO sales totaled $359,000 during 2015. The Company realized $11,000 in net gains from the sale of all properties.