9. OTHER REAL ESTATE OWNED

9 Months Ended

Sep. 30, 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 nine months ended September 30, 2016 and the year ended December 31, 2015:

(Dollars are in thousands)	September 30, 2016			December 31, 2015
Balance, beginning of period	$	12,398		$	15,049
Additions		3,851			3,277
Purchases of other real estate owned		—			12
Transfers of other real estate owned		(125	)		—
Donation of other real estate owned		—			(33	)
Proceeds from sales		(2,379	)		(1,831	)
Loans made to finance sales		(676	)		(878	)
Proceeds from insurance claims		—			(101	)
Adjustment of carrying value		(165	)		(3,246	)
Deferred gain from sales		—			50
Gain from sales		290			99
Balance, end of period	$	13,194		$	12,398