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Other Real Estate Owned (OREO) (Tables)
 3 Months Ended
Mar. 31, 2014
Banking And Thrift [Abstract]  
Summary of Changes in the Balance for OREO

Changes in the balance for OREO are as follows:

 

     For the three
months ended
March 31,
2014		     For the year
ended
December 31,
2013		  
     (in thousands)  

Balance at the beginning of year, gross

    $ 4,695      $ 7,764   

Transfers in

      —          2,036   

Charge-offs

      (2 )      (1,564 ) 

Sales proceeds

      (16 )      (3,618 ) 

Gain on disposition

      1        80   

Depreciation

      —          (3 ) 

Balance at the end of period, gross

    $ 4,678      $ 4,695   

Less: valuation allowance

      (1,686 )      (1,665 ) 
  

 

 

    

 

 

  

Balance at the end of period, net

    $ 2,992      $ 3,030   
  

 

 

    

 

 

  

 
Summary of Changes in the Allowance for OREO Losses

Changes in the allowance for OREO losses are as follows:

 

    

For the three

months ended

     For the year
ended		  
     March 31,     March 31,     December 31,  
     2014     2013     2013  
     (in thousands)  

Balance at beginning of year

    $ 1,665      $ 2,174      $ 2,174   

Provision for losses

      23        174        1,055   

Transfer in

      —          63        —     

Charge-offs, net

      (2 )      (191 )      (1,564 ) 
  

 

 

    

 

 

    

 

 

  

Balance at end of period

    $ 1,686      $ 2,220      $ 1,665