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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2017
Real Estate [Abstract]  
Other Real Estate Owned
Other Real Estate Owned
Changes in the balance for OREO are as follows (in thousands):
 
2017
 
2016
Balance at the beginning of year, gross
$
250

 
$
2,903

Transfers in
326

 
287

Charge-offs
—

 
(251
)
Sales proceeds
(441
)
 
(2,882
)
Gain on disposition
191

 
193

Balance at the end of year, gross
$
326

 
$
250

Less: valuation allowance
—

 
—

Balance at the end of year, net
$
326

 
$
250



There were no residential real estate properties included in the ending OREO balances above at December 31, 2017 and 2016. The Bank did not have any consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process as of December 31, 2017.
Changes in the allowance for OREO losses are as follows (in thousands):
 
2017
 
2016
Balance at beginning of year
$
—

 
$
224

Provision for losses
—

 
27

Charge-offs, net
—

 
(251
)
Balance at end of year
$
—

 
$
—


Net expenses applicable to OREO, other than the provision for losses, were $5 thousand and $46 thousand for the years ended December 31, 2017 and 2016, respectively.