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Other Real Estate Owned (Tables) | 12 Months Ended
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Dec. 31, 2016
Real Estate Owned, Disclosure of Detailed Components [Abstract] |
Other Real Estate Owned | The following summarizes other real estate owned:
As of December 31, | 2016 |  | 2015
Real estate acquired in settlement of loans | $ | 375,000 |  |  | $ | 1,532,000 |
Change in Allowance for Losses from Other Real Estate Owned | Changes in the allowance for losses from other real estate owned were as follows:
For the years ended December 31, | 2016 |  | 2015 |  | 2014
Balance at beginning of year | $ | 162,000 |  |  | $ | 654,000 |  |  | $ | 330,000 |
Losses charged to allowance | (89,000 | ) |  | (803,000 | ) |  | (313,000 | )
Provision charged to operating expenses | 132,000 |  |  | 311,000 |  |  | 637,000 |
Balance at end of year | $ | 205,000 |  |  | $ | 162,000 |  |  | $ | 654,000 |

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- Definition Tabular disclosure of the change in the allowance for real estate owned and acquired in settlement of troubled loans through surrender or foreclosure during the period. + References No definition available. + Details
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- Definition Tabular disclosure of real estate owned and acquired in settlement of troubled loans through surrender or foreclosure. + References No definition available. + Details
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- References No definition available. + Details
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