Non-Covered Other Real Estate Owned

9 Months Ended

Sep. 30, 2011

Non-Covered Other Real Estate Owned [Abstract]

Non-Covered Other Real Estate Owned

(8)  Non-Covered Other Real Estate Owned

The following table presents the changes in non-covered other real estate owned for the three and nine months ended September 30, 2011 and 2010:

(dollars in thousands)	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
Balance, beginning of period	$	2,671		$	4,984		$	4,122		$	4,549
Additions to OREO		1,619			424			3,118			1,230
Capitalized improvements		-			-			-			118
Valuation adjustment		-			(140	)		(53	)		(140	)
Dispositions of OREO		(1,820	)		(1,173	)		(4,717	)		(1,662	)
Balance, end of period	$	2,470		$	4,095		$	2,470		$	4,095