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Other Real Estate Owned (OREO) (Tables) | 9 Months Ended
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Sep. 30, 2013
Banking And Thrift [Abstract] |
Summary of Changes in the Balance for OREO | Changes in the balance for OREO are as follows:
|  | (in thousands) |
|  | For the nine months ended |  |  | For the year ended |
|  | September 30, |  |  | December 31, |
|  | 2013 |  |  | 2012 |
Balance at the beginning of year, gross |  | $ | 7,764 |  |  | $ | 9,166 |
Transfers in |  |  | 1,840 |  |  |  | 5,578 |
Charge-offs |  |  | (1,332 | ) |  |  | (1,808 | )
Sales proceeds |  |  | (2,927 | ) |  |  | (5,438 | )
Gain on disposition |  |  | 53 |  |  |  | 268 |
Depreciation |  |  | — |  |  |  | (2 | )
Balance at the end of period, gross |  | $ | 5,398 |  |  | $ | 7,764 |
Less: allowance for losses |  |  | (1,565 | ) |  |  | (2,174 | )
Balance at the end of period, net |  | $ | 3,833 |  |  | $ | 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 nine months ended |  |  | For the year ended |
|  | September 30, |  |  | September 30, |  |  | December 31, |
|  | 2013 |  |  | 2012 |  |  | 2012 |
Balance at beginning of year |  | $ | 2,174 |  |  | $ | 2,792 |  |  | $ | 2,792 |
Provision for losses |  |  | 660 |  |  |  | 595 |  |  |  | 1,190 |
Transfer in |  |  | 63 |  |  |  | — |  |  |  | — |
Charge-offs, net |  |  | (1,332 | ) |  |  | (1,539 | ) |  |  | (1,808 | )
Balance at end of period |  | $ | 1,565 |  |  | $ | 1,847 |  |  | $ | 2,174 |

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- Definition Changes in allowance for OREO Losses. + References No definition available. + Details
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- Details
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- Definition Tabular disclosure of nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments. + References No definition available. + Details
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