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Foreclosed Real Estate (Tables)
3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Summary of Foreclosed Real Estate

The following table summarizes the foreclosed real estate for the three months ended March 31, 2017 and 2016:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2017

 

 

2016

 

Balance at beginning of period

 

$

7,403

 

 

$

11,641

 

Transfers from loans

 

 

888

 

 

 

530

 

Properties sold

 

 

(2,228

)

 

 

(1,560

)

Gain on sale of foreclosed assets

 

 

871

 

 

 

57

 

Transferred to loans

 

 

 

 

 

(67

)

Write-downs and partial liquidations

 

 

(123

)

 

 

(68

)

Balance at end of period

 

$

6,811

 

 

$

10,533