XML 40 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Other Real Estate Owned (OREO) (Tables)
 3 Months Ended
Mar. 31, 2017
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 three

months ended

     

For the year

ended

  
     March 31,      December 31,  
     2017      2016  

Balance at the beginning of year, gross

    $ 250      $ 2,903  

Transfers in

      —          287  

Charge-offs

      —          (251 ) 

Sales proceeds

      —          (2,882 ) 

Gain on disposition

      —          193  
  

 

 

     

 

 

  

Balance at the end of period, gross

    $ 250      $ 250  

Less: valuation allowance

      —          —    
  

 

 

     

 

 

  

Balance at the end of period, net

    $ 250      $ 250  
  

 

 

     

 

 

  

Summary of Changes in the Valuation Allowance

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

 

    

For the three

months ended

     

For the year

ended

  
     March 31,      March 31,      December 31,  
     2017      2016      2016  

Balance at beginning of year

    $ —        $ 224      $ 224  

Provision for losses

      —          —          27  

Charge-offs, net

      —          (70 )       (251 ) 
  

 

 

     

 

 

     

 

 

  

Balance at end of period

    $ —        $ 154      $ —