XML 54 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Real Estate and Repossessed Assets (Tables)
 3 Months Ended
Mar. 31, 2015
Other Real Estate [Abstract]  
Summary of real estate and other assets acquired in settlement of loans
    March 31,     December 31,  
(in thousands)   2015     2014  
Commercial   $ 56     $ 0  
Real estate construction - residential     0       23  
Real estate construction - commercial     9,831       9,831  
Real estate mortgage - residential     407       417  
Real estate mortgage - commercial     4,690       4,831  
Repossessed assets     0       38  
Total   $ 14,984     $ 15,140  
Less valuation allowance for other real estate owned     (3,233 )     (3,255 )
Total other real estate and repossessed assets   $ 11,751     $ 11,885  
Schedule of changes in the net carrying amount of other real estate owned and repossessed assets
    Three Months Ended March 31,  
    2015     2014  
Balance at beginning of period   $ 15,140     $ 19,542  
Additions     603       259  
Proceeds from sales     (883 )     (1,094 )
Charge-offs against the valuation allowance for other real estate owned     (16 )     (156 )
Repossessed assets impairment write-downs     0       0  
Net gain on sales     140       145  
Total other real estate and repossessed assets   $ 14,984     $ 18,696  
Less valuation allowance for other real estate owned     (3,233 )     (4,642 )
Balance at end of period   $ 11,751     $ 14,054  
Summary of activity in valuation allowance for other real estate owned in settlement of loans
    Three Months Ended March 31,  
(in thousands)   2015     2014  
Balance, beginning of period   $ 3,255     $ 4,675  
Provision for other real estate owned     (6 )     123  
Charge-offs     (16 )     (156 )
Balance, end of period   $ 3,233     $ 4,642