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Foreclosed Real Estate (Tables)
6 Months Ended
Jun. 30, 2017
Real Estate [Abstract]  
Summary of Foreclosed Real Estate

The following table summarizes the foreclosed real estate for the three and six months ended June 30, 2017 and 2016:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Balance at beginning of period

 

$

6,811

 

 

$

10,533

 

 

$

7,403

 

 

$

11,641

 

Transfers from loans

 

 

274

 

 

 

1,646

 

 

 

1,162

 

 

 

2,176

 

Properties sold

 

 

(702

)

 

 

(1,954

)

 

 

(2,930

)

 

 

(3,514

)

Gain on sale of foreclosed assets

 

 

77

 

 

 

12

 

 

 

948

 

 

 

69

 

Transferred to loans

 

 

(36

)

 

 

(192

)

 

 

(36

)

 

 

(259

)

Write-downs and partial liquidations

 

 

(54

)

 

 

(143

)

 

 

(177

)

 

 

(211

)

Balance at end of period

 

$

6,370

 

 

$

9,902

 

 

$

6,370

 

 

$

9,902