XML 36 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Other Real Estate and Repossessed Assets (Tables)
6 Months Ended
Jun. 30, 2017
Other Real Estate [Abstract]  
Schedule of summary of real estate and other assets acquired in settlement of loans
  June 30,  December 31, 
(in thousands) 2017  2016 
Commercial $761  $809 
Real estate construction - commercial  12,380   12,380 
Real estate mortgage - residential  463   647 
Real estate mortgage - commercial  2,909   3,439 
Repossessed assets  17   16 
Total $16,530  $17,291 
Less valuation allowance for other real estate owned  (3,174)  (3,129)
Total other real estate and repossessed assets $13,356  $14,162 
Schedule of changes in the net carrying amount of other real estate owned and repossessed assets
  Three Months Ended June 30,  Six Months Ended June 30, 
  2017  2016  2017  2016 
Balance at beginning of period $16,669  $18,696  $17,291  $19,225 
Additions  52   892   155   1,634 
Proceeds from sales  (126)  (1,125)  (784)  (2,399)
Charge-offs against the valuation allowance for other real estate owned, net  (53)  (55)  (170)  (101)
Net gain on sales  (12)  54   38   103 
Total other real estate and repossessed assets $16,530  $18,462  $16,530  $18,462 
Less valuation allowance for other real estate owned  (3,174)  (3,208)  (3,174)  (3,208)
Balance at end of period $13,356  $15,254  $13,356  $15,254 
Schedule of summary of activity in valuation allowance for other real estate owned in settlement of loans
  Three Months Ended June 30,  Six Months Ended June 30, 
(in thousands) 2017  2016  2017  2016 
Balance, beginning of period $3,044  $3,225  $3,129  $3,233 
Provision for other real estate owned  183   38   215   76 
Charge-offs  (53)  (55)  (170)  (101)
Balance, end of period $3,174  $3,208  $3,174  $3,208