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Purchased Receivables (Tables)
 9 Months Ended
Sep. 30, 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)
September 30, 2017
December 31, 2016
Purchased receivables

$13,130


$20,662

Reserve for purchased receivable losses
(200
)
(171
)
Total

$12,930


$20,491
Allowance on Net Purchased Receivables
The following tables detail activity in the Allowance for the periods indicated:
Three Months Ended September 30,
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

$5,822


$521


$1,517


$2,354


$7,075


$774


$327


$362


$1,309


$20,061

Charge-Offs
(1,118
)
—

—

—

—

—

(85
)
—

—

(1,203
)
Recoveries
102

—

—

—

—

—

—

4

—

106

Provision (benefit)
2,210

79

261

(10
)
(60
)
10

93

(2
)
(81
)
2,500

Balance, end of period

$7,016


$600


$1,778


$2,344


$7,015


$784


$335


$364


$1,228


$21,464

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$1,514


$—


$—


$—


$—


$—


$—


$—


$—


$1,514

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$5,502


$600


$1,778


$2,344


$7,015


$784


$335


$364


$1,228


$19,950

2016
 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

$5,867


$892


$1,097


$2,285


$5,298


$670


$346


$420


$1,510


$18,385

Charge-Offs
—

—

—

—

—

—

(22
)
—

—

(22
)
Recoveries
450

—

—

—

—

—

—

14

—

464

Provision (benefit)
(278
)
306

312

314

103

73

2

(28
)
(152
)
652

Balance, end of period

$6,039


$1,198


$1,409


$2,599


$5,401


$743


$326


$406


$1,358


$19,479

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$—


$535


$—


$—


$—


$—


$—


$—


$—


$535

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$6,039


$663


$1,409


$2,599


$5,401


$743


$326


$406


$1,358


$18,944



Nine Months Ended September 30,
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
(1,582
)
—

—

—

—

(5
)
(85
)
(17
)
—

(1,689
)
Recoveries
246

—

—

—

—

—

2

8

—

256

Provision (benefit)
2,817

50

313

(14
)
162

(30
)
105

(35
)
(168
)
3,200

Balance, end of period

$7,016


$600


$1,778


$2,344


$7,015


$784


$335


$364


$1,228


$21,464

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$1,514


$—


$—


$—


$—


$—


$—


$—


$—


$1,514

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$5,502


$600


$1,778


$2,344


$7,015


$784


$335


$364


$1,228


$19,950

2016
 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

$5,906


$854


$1,439


$1,657


$5,515


$628


$264


$397


$1,493


$18,153

Charge-Offs
(868
)
—

—

—

—

—

(22
)
(1
)
—

(891
)
Recoveries
643

—

—

—

—

—

—

19

—

662

Provision (benefit)
358

344

(30
)
942

(114
)
115

84

(9
)
(135
)
1,555

Balance, end of period

$6,039


$1,198


$1,409


$2,599


$5,401


$743


$326


$406


$1,358


$19,479

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$—


$535


$—


$—


$—


$—


$—


$—


$—


$535

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$6,039


$663


$1,409


$2,599


$5,401


$743


$326


$406


$1,358


$18,944

The following table sets forth information regarding changes in the purchased receivable reserve for the three and nine month periods ending September 30, 2017 and 2016, respectively: 
 
Three Months Ended September 30,
Nine Months Ended September 30,
(In Thousands)
2017
2016
2017
2016
Balance at beginning of period

$194


$163


$171


$181

Charge-offs
—

—

—

—

Recoveries
—

—

—

—

     Charge-offs net of recoveries
—

—

—

—

Reserve for (recovery from) purchased receivables
6

—

29

(18
)
Balance at end of period

$200


$163


$200


$163