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OTHER REAL ESTATE OWNED
3 Months Ended
Mar. 31, 2016
Text Block [Abstract]  
Other Real Estate Owned Disclosure [Text Block]

NOTE 9 OTHER REAL ESTATE OWNED

The following table presents OREO inventory as of the dates indicated:
       
   
  March 31,   December 31,
  2016 2015
   (Dollars in thousands)
OREO     
OREO balances, carrying value:     
Residential (1)$ 42,976 $ 43,563
Commercial  86,008   87,849
Construction  13,904   15,389
Total$ 142,888 $ 146,801
       
       
(1)Excludes $10.9 million and $8.9 million as of March 31, 2016 and December 31, 2015, respectively, of foreclosures that meet the conditions of ASC 310-40 and are presented as a receivable (other assets) in the statement of financial condition.