Other Real Estate Owned

3 Months Ended

Mar. 31, 2019

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, 2019 and 2018 is as follows:

	For the three months ended March 31,
	2019		2018
Beginning balance	$	10,596	$	10,491
Acquired through acquisition		—		1,409
Transfers from loan portfolio, at fair value		288		127
Impairments		(596)		(38)
Sales		(894)		(114)
Ending balance	$	9,394	$	11,875

OREO totaled $9.4 million at March 31, 2019 and decreased $1.2 million from December 31, 2018. During the three months ended March 31, 2019, the Company sold $0.9 million of OREO. OREO net gains of $0.4 million and net losses of $0.1 million were included in the consolidated statement of operations for the three months ended March 31, 2019 and 2018, respectively.