XML 75 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Real Estate Owned (Tables)
 12 Months Ended
Dec. 31, 2013
Banking And Thrift [Abstract]  
Summary of Changes in the Balance for OREO

Changes in the balance for OREO are as follows:

 

     (in thousands)  
     2013     2012  

Balance at the beginning of year, gross

    $ 7,764      $ 9,166   

Transfers in

      2,036        5,578   

Charge-offs

      (1,564 )      (1,808 ) 

Sales proceeds

      (3,618 )      (5,438 ) 

Gain on disposition

      80        268   

Depreciation

      (3 )      (2 ) 

Balance at the end of year, gross

      4,695        7,764   

Less: valuation allowance

      (1,665 )      (2,174 ) 
  

 

 

    

 

 

  

Balance at the end of year, net

    $ 3,030      $ 5,590   
  

 

 

    

 

 

  
Summary of Changes in the Allowance for OREO Losses

Changes in the allowance for OREO losses are as follows:

 

     (in thousands)  
     2013     2012     2011  

Balance at beginning of year

    $ 2,174      $ 2,792      $ 3,341   

Provision for losses

      1,055        1,190        1,558   

Charge-offs, net

      (1,564 )      (1,808 )      (2,107 ) 
  

 

 

    

 

 

    

 

 

  

Balance at end of year

    $ 1,665      $ 2,174      $ 2,792