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Foreclosed Real Estate (Tables)
9 Months Ended
Sep. 30, 2016
Real Estate [Abstract]  
Summary of Foreclosed Real Estate

The following table summarizes the foreclosed real estate for the three and nine months ended September 30, 2016 and 2015 (in thousands):

    

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Balance at beginning of period

 

$

9,902

 

 

$

6,199

 

 

$

11,641

 

 

$

7,259

 

Acquired through merger with NWGB

 

 

 

 

 

5,002

 

 

 

 

 

 

5,002

 

Transfers from loans

 

 

460

 

 

 

1,057

 

 

 

2,636

 

 

 

2,284

 

Capital improvements

 

 

 

 

 

35

 

 

 

 

 

 

35

 

Property sold

 

 

(3,044

)

 

 

(447

)

 

 

(6,558

)

 

 

(2,205

)

Gain on sale of foreclosed assets

 

 

1,680

 

 

 

23

 

 

 

1,749

 

 

 

127

 

Transferred to loans

 

 

 

 

 

(194

)

 

 

(259

)

 

 

(785

)

Write-downs and partial liquidations

 

 

(34

)

 

 

(128

)

 

 

(245

)

 

 

(170

)

Balance at end of period

 

$

8,964

 

 

$

11,547

 

 

$

8,964

 

 

$

11,547