OTHER REAL ESTATE OWNED

3 Months Ended

Mar. 31, 2018

Property, Plant and Equipment [Abstract]

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, 2018 and the year ended December 31, 2017:

(Dollars are in thousands)	March 31, 2018			December 31, 2017
Balance, beginning of period	$	6,859		$	10,655
Additions		1,023			3,087
Transfers of premises and equipment to other real estate		—			125
Proceeds from sales		(739	)		(4,742	)
Proceeds from insurance claims		—			(12	)
Loans made to finance sales		(267	)		(1,477	)
Adjustment of carrying value		(69	)		(758	)
Deferred gain from sales		—			45
Losses from sales		(96	)		(64	)
Balance, end of period	$	6,711		$	6,859