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Other Real Estate Owned (Tables)
9 Months Ended
Sep. 30, 2018
Real Estate [Abstract]  
Summary of Other Real Estate Owned

The following table summarizes other real estate owned for the three and nine months ended September 30, 2018 and 2017:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

14,639

 

 

$

6,370

 

 

$

16,442

 

 

$

7,403

 

Transfers from loans

 

 

476

 

 

 

1,796

 

 

 

1,490

 

 

 

2,958

 

Acquired through merger with Clayton Banks(1)

 

 

 

 

 

6,888

 

 

 

 

 

 

6,888

 

Properties sold

 

 

(1,457

)

 

 

(1,152

)

 

 

(3,666

)

 

 

(4,082

)

Gain on sale of other real estate owned

 

 

205

 

 

 

93

 

 

 

213

 

 

 

1,041

 

Transferred to loans

 

 

(191

)

 

 

(165

)

 

 

(636

)

 

 

(201

)

Write-downs

 

 

(85

)

 

 

(18

)

 

 

(256

)

 

 

(195

)

Balance at end of period

 

$

13,587

 

 

$

13,812

 

 

$

13,587

 

 

$

13,812