9. OTHER REAL ESTATE OWNED

3 Months Ended

Mar. 31, 2016

Property, Plant and Equipment [Abstract]

9. OTHER REAL ESTATE OWNED

NOTE 9 OTHER REAL ESTATE OWNED:

The following table summarizes the activity in other real estate owned for the three months ended March 31, 2016 and the year ended December 31, 2015:

(Dollars are in thousands)	March 31, 2016			December 31, 2015
Balance, beginning of period	$	12,398		$	15,049
Additions		1,063			3,277
Purchases of other real estate owned		—			12
Donation of other real estate owned		—			(33	)
Proceeds from sales		(312	)		(2,709	)
Proceeds from insurance claims		—			(101	)
Adjustment of carrying value		4			(3,246	)
Deferred gain from sales		—			50
Gain (loss) from sales		43			99
Balance, end of period	$	13,196		$	12,398