Other Real Estate Owned

3 Months Ended

Mar. 31, 2018

FDIC Loss-Sharing Related

Other Real Estate Owned

Note 7 Other Real Estate Owned

A summary of the activity in the OREO balances during the three months ended March 31, 2018 and 2017 is as follows:

	For the three months ended March 31,
	2018		2017
Beginning balance	$	10,491	$	15,662
Acquired through acquisition		1,409		—
Transfers from loan portfolio, at fair value		127		578
Impairments		(38)		(46)
Sales, net		(114)		(642)
Ending balance	$	11,875	$	15,552

The Company did not have any minority interest in participated other real estate owned at March 31, 2018. At December 31, 2017, OREO balances excluded $0.7 million of the Company’s minority interests in OREO, which are held by outside banks where the Company was not the lead bank and does not have a controlling interest. The Company maintains a receivable in other assets for these minority interests. Included in Sales, net are losses of $78 thousand for the three months ended March 31, 2018 and gains of $112 thousand for the three months ended March 31, 2017.