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Other Real Estate Owned - (Tables)
12 Months Ended
Dec. 31, 2015
Banking and Thrift [Abstract]  
Summary of Activity in OREO Balances

A summary of the activity in the OREO balances during 2015 and 2014 is as follows:

 

 

 

 

 

 

 

 

 

 

 

For the years ended December 31, 

 

 

 

2015

 

2014

 

Beginning balance

 

$

29,120

    

$

70,125

 

Purchases through acquisition, at fair value

 

 

1,488

 

 

 —

 

Transfers from loan portfolio, at fair value

 

 

4,576

 

 

4,491

 

Impairments

 

 

(1,580)

 

 

(2,103)

 

Sales

 

 

(15,566)

 

 

(56,519)

 

Gain on sale of OREO, net

 

 

2,776

 

 

13,126

 

Ending balance

 

$

20,814

 

$

29,120