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Other Real Estate Owned (Tables) | 3 Months Ended
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Mar. 31, 2016
Other Real Estate Owned [Abstract] |
Schedule of Real Estate Properties | The following table presents the components of Other Real Estate Owned (“OREO”) at March 31, 2016 and December 31, 2015: ﻿ ﻿
﻿ |  |  |  |
﻿(in thousands) | March 31, 2016 | December 31, 2015
﻿Commercial real estate | $ | 1,427 | $ | 1,520
﻿Acquisition and development |  | 3,968 |  | 4,167
﻿Residential mortgage |  | 747 |  | 1,196
﻿ Total OREO | $ | 6,142 | $ | 6,883
﻿
Other Real Estate, Roll Forward | The following table presents the activity in the OREO valuation allowance for the three-month periods ended March 31, 2016 and 2015: ﻿ ﻿ ﻿ ﻿ ﻿
﻿ |  |  |  |
﻿ | For the three months Ended
﻿ | March 31,
﻿(in thousands) | 2016 | 2015
﻿Balance beginning of period | $ | 4,430 | $ | 3,440
﻿Fair value write-down |  | 9 |  | 506
﻿Sales of OREO |  | (615) |  | (181)
﻿ Balance at end of period | $ | 3,824 | $ | 3,765
﻿
Schedule of Components of Other Real Estate Owned Expense | The following table presents the components of OREO expenses, net, for the three-month periods ended March 31, 2016 and 2015: ﻿ ﻿
﻿ |  |  |  |
﻿ | For the three months Ended
﻿ | March 31,
﻿(in thousands) | 2016 | 2015
﻿Gains on real estate, net | $ | (67) | $ | (27)
﻿Fair value write-down, net |  | 9 |  | 506
﻿Expenses, net |  | 169 |  | 207
﻿Rental and other income |  | (27) |  | (54)
﻿ Total OREO expense, net | $ | 84 | $ | 632
﻿

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- Definition Tabular disclosure of the components of other real estate owned expense. + 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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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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