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Other Real Estate Owned (OREO) (Tables)
 6 Months Ended
Jun. 30, 2014
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 six
months ended
June 30,
2014		     For the year
ended
December 31,
2013		  

Balance at the beginning of year, gross

    $ 4,695      $ 7,764   

Transfers in

      139        2,036   

Charge-offs

      (163 )      (1,564 ) 

Sales proceeds

      (1,021 )      (3,618 ) 

Gain on disposition

      160        80   

Depreciation

      (1 )      (3 ) 

Balance at the end of period, gross

    $ 3,809      $ 4,695   

Less: valuation allowance

      (1,588 )      (1,665 ) 
  

 

 

    

 

 

  

Balance at the end of period, net

    $ 2,221      $ 3,030   
  

 

 

    

 

 

  

 

 

 
Summary of Changes in the Valuation Allowance

Changes in the valuation allowance are as follows (in thousands):

 

    

For the six

months ended

     For the year
ended		  
     June 30,
2014		     June 30,
2013		     December 31,
2013		  

Balance at beginning of year

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

Provision for losses

      86        448        1,055   

Transfer in

      —          62        —     

Charge-offs, net

      (163 )      (601 )      (1,564 ) 
  

 

 

    

 

 

    

 

 

  

Balance at end of period

    $ 1,588      $ 2,083      $ 1,665