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Other Real Estate and Repossessed Assets (Tables)

6 Months Ended

Jun. 30, 2018

Other Real Estate [Abstract]

Schedule of summary of real estate and other assets acquired in settlement of loans

		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

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,
		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

Schedule of summary of activity in valuation allowance for other real estate owned

		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