XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Other Real Estate and Repossessed Assets | 6 Months Ended
--- | ---
Jun. 30, 2018
Other Real Estate [Abstract] |
Other Real Estate and Repossessed Assets |
| (3) | Other Real Estate and Repossessed Assets
|  | June 30, |  |  | December 31, |
(in thousands) |  | 2018 |  |  | 2017 |
Commercial |  | $ | 727 |  |  | $ | 727 |
Real estate construction - residential |  |  | 179 |  |  |  | 0 |
Real estate construction - commercial |  |  | 12,101 |  |  |  | 12,380 |
Real estate mortgage - residential |  |  | 317 |  |  |  | 382 |
Real estate mortgage - commercial |  |  | 2,934 |  |  |  | 2,909 |
Repossessed assets |  |  | 0 |  |  |  | 5 |
Total |  | $ | 16,258 |  |  | $ | 16,403 |
Less valuation allowance for other real estate owned |  |  | (3,022 | ) |  |  | (3,221 | )
Total other real estate and repossessed assets |  | $ | 13,236 |  |  | $ | 13,182 |
Changes in the net carrying amount of other real estate and repossessed assets were as follows for the periods indicated:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Balance at beginning of period |  | $ | 16,264 |  |  | $ | 16,669 |  |  | $ | 16,403 |  |  | $ | 17,291 |
Additions |  |  | 104 |  |  |  | 52 |  |  |  | 382 |  |  |  | 155 |
Proceeds from sales |  |  | (80 | ) |  |  | (126 | ) |  |  | (304 | ) |  |  | (784 | )
Charge-offs against the valuation allowance for other real estate owned, net |  |  | (30 | ) |  |  | (53 | ) |  |  | (225 | ) |  |  | (170 | )
Net gain on sales |  |  | 0 |  |  |  | (12 | ) |  |  | 2 |  |  |  | 38 |
Total other real estate and repossessed assets |  | $ | 16,258 |  |  | $ | 16,530 |  |  | $ | 16,258 |  |  | $ | 16,530 |
Less valuation allowance for other real estate owned |  |  | (3,022 | ) |  |  | (3,174 | ) |  |  | (3,022 | ) |  |  | (3,174 | )
Balance at end of period |  | $ | 13,236 |  |  | $ | 13,356 |  |  | $ | 13,236 |  |  | $ | 13,356 |
At June 30, 2018, $246,000 of consumer mortgage loans secured by residential real estate properties were in the process of foreclosure compared to no loans at December 31, 2017. Activity in the valuation allowance for other real estate owned was as follows for the periods indicated:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(in thousands) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Balance, beginning of period |  | $ | 3,025 |  |  | $ | 3,044 |  |  | $ | 3,221 |  |  | $ | 3,129 |
Provision for other real estate owned |  |  | 27 |  |  |  | 183 |  |  |  | 26 |  |  |  | 215 |
Charge-offs |  |  | (30 | ) |  |  | (53 | ) |  |  | (225 | ) |  |  | (170 | )
Balance, end of period |  | $ | 3,022 |  |  | $ | 3,174 |  |  | $ | 3,022 |  |  | $ | 3,174 |

X
- References No definition available. + Details
Name: | us-gaap_OtherRealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 35 -Paragraph 43 -URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1739-110224 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 40 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114775070&loc=d3e18511-111553 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=82891408&loc=d3e4437-111522 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(8)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 35 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1424-110224 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)(4)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=114775070&loc=d3e18551-111553 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration