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Other Real Estate Owned (Tables)

3 Months Ended

Mar. 31, 2015

Banking and Thrift [Abstract]

Other Real Estate, Roll Forward

	Three Months Ended				Year Ended				Three Months Ended
	March 31,				December 31,				March 31,
	2015				2014				2014
	(in thousands)
Balance, beginning	$	2,102			$	1,646			$	1,646
Net loans transferred to OREO	325				1,248				163
Sales	(36		)		(792		)		—
Valuation adjustments	—				—				—
Balance, ending	$	2,391			$	2,102			$	1,809

Schedule of Real Estate Properties

	As of
	March 31, 2015				December 31, 2014
	(in thousands)
Construction and Farmland	$	1,531			$	1,531
Residential Real Estate	455				166
Commercial Real Estate	405				405
Subtotal	$	2,391			$	2,102
Less valuation allowance	—				—
Total	$	2,391			$	2,102

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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.

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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.

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