XML 34 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Purchased Receivables (Tables)
3 Months Ended
Mar. 31, 2017
Purchased Receivables [Abstract]  
Summary of Components of Net Purchased Receivables
The following table summarizes the components of net purchased receivables for the periods indicated:
(In Thousands)
March 31, 2017
December 31, 2016
Purchased receivables

$14,668


$20,662

Reserve for purchased receivable losses
(183
)
(171
)
Total

$14,485


$20,491

Allowance on Net Purchased Receivables
The following tables detail activity in the Allowance for the periods indicated:
Three Months Ended March 31,
Commercial
Real estate construction one-to-four family
Real estate construction other
Real estate term owner occupied
Real estate term non-owner occupied
Real estate term other
Consumer secured by 1st deed of trust
Consumer other
Unallocated
Total
2017
 
 
 
 
 
 
 
 

 
 

Balance, beginning of period

$5,535


$550


$1,465


$2,358


$6,853


$819


$313


$408


$1,396


$19,697

Charge-Offs
(262
)






(17
)

(279
)
Recoveries
73







2


75

Provision (benefit)
355

(1
)
(82
)
14

354

(45
)
(2
)
(2
)
(191
)
400

Balance, end of period

$5,701


$549


$1,383


$2,372


$7,207


$774


$311


$391


$1,205


$19,893

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$994


$—


$—


$—


$—


$—


$—


$—


$—


$994

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$4,707


$549


$1,383


$2,372


$7,207


$774


$311


$391


$1,205


$18,899

2016
 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

$5,906


$854


$1,439


$1,657


$5,515


$628


$264


$397


$1,493


$18,153

Charge-Offs
(733
)






(1
)

(734
)
Recoveries
58







3


61

Provision (benefit)
518

(94
)
182

82

(17
)
10


(3
)
25

703

Balance, end of period

$5,749


$760


$1,621


$1,739


$5,498


$638


$264


$396


$1,518


$18,183

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$119


$—


$—


$—


$—


$—


$—


$—


$—


$119

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$5,630


$760


$1,621


$1,739


$5,498


$638


$264


$396


$1,518


$18,064



The following table sets forth information regarding changes in the purchased receivable reserve for the three month periods ending March 31, 2017 and 2016, respectively: 
 
Three Months Ended March 31,
(In Thousands)
2017
2016
Balance at beginning of period

$171


$181

Charge-offs


Recoveries


     Charge-offs net of recoveries


Reserve for (recovery from) purchased receivables
12

(12
)
Balance at end of period

$183


$169