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Other Real Estate Owned (Tables)
9 Months Ended
Sep. 30, 2015
Banking And Thrift [Abstract]  
Summary of Foreclosed Property Activity

The following table summarizes foreclosed property activity as of the nine months ended September 30, 2015 and 2014:

 

 

 

September 30, 2015

 

 

 

FUSB

 

 

ALC

 

 

Total

 

 

 

(Dollars in Thousands)

 

Beginning Balance

 

$

6,997

 

 

$

738

 

 

$

7,735

 

Transfers from loans

 

 

1,439

 

 

 

263

 

 

 

1,702

 

Sales proceeds

 

 

(2,225

)

 

 

(144

)

 

 

(2,369

)

Gross gains

 

 

4

 

 

 

 

 

 

4

 

Gross losses

 

 

(210

)

 

 

(73

)

 

 

(283

)

Net gains (losses)

 

 

(206

)

 

 

(73

)

 

 

(279

)

Impairment

 

 

(44

)

 

 

(89

)

 

 

(133

)

Ending Balance

 

$

5,961

 

 

$

695

 

 

$

6,656

 

 

 

 

September 30, 2014

 

 

 

FUSB

 

 

ALC

 

 

Total

 

 

 

(Dollars in Thousands)

 

Beginning Balance

 

$

8,463

 

 

$

847

 

 

$

9,310

 

Transfers from loans

 

 

4,152

 

 

 

361

 

 

 

4,513

 

Sales proceeds

 

 

(3,113

)

 

 

(214

)

 

 

(3,327

)

Gross gains

 

 

231

 

 

 

4

 

 

 

235

 

Gross losses

 

 

(128

)

 

 

(99

)

 

 

(227

)

Net gains (losses)

 

 

103

 

 

 

(95

)

 

 

8

 

Impairment

 

 

(146

)

 

 

(47

)

 

 

(193

)

Ending Balance

 

$

9,459

 

 

$

852

 

 

$

10,311