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Other Real Estate Owned (OREO) (Tables)
 6 Months Ended
Jun. 30, 2013
Real Estate [Abstract]  
Summary of Changes in the Balance for OREO

Changes in the balance for OREO are as follows:

 

     (in thousands)  
     For the six
months ended
June 30,
2013		     For the year
ended
December 31,
2012		  

Balance at the beginning of year, gross

    $ 7,764      $ 9,166   

Transfers in

      867        5,578   

Charge-offs

      (601 )      (1,808 ) 

Sales proceeds

      (1,927 )      (5,438 ) 

Gain on disposition

      64        268   

Depreciation

      —          (2 ) 
  

 

 

    

 

 

  

Balance at the end of period, gross

    $ 6,167      $ 7,764   

Less: allowance for losses

      (2,083 )      (2,174 ) 
  

 

 

    

 

 

  

Balance at the end of period, net

    $ 4,084      $ 5,590   
  

 

 

    

 

 

  
Summary of Changes in the Allowance for OREO Losses

Changes in the allowance for OREO losses are as follows:

 

     (in thousands)  
    

For the six

months ended

     For the year
ended		  
     June 30,     June 30,     December 31,  
     2013     2012     2012  

Balance at beginning of year

    $ 2,174      $ 2,792      $ 2,792   

Provision for losses

      448        569        1,190   

Transfer in

      62        —          —     

Charge-offs, net

      (601 )      (1,274 )      (1,808 ) 
  

 

 

    

 

 

    

 

 

  

Balance at end of period

    $ 2,083      $ 2,087      $ 2,174