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Other Real Estate Owned
6 Months Ended
Jun. 30, 2019
Real Estate [Abstract]  
Other real estate owned
Other real estate owned:
The amount reported as other real estate owned includes property acquired through foreclosure in addition to excess facilities held for sale and is carried at fair value less estimated cost to sell the property. The following table summarizes the other real estate owned for the three and six months ended June 30, 2019 and 2018: 
 
Three Months Ended
 
 
Six Months Ended
 
 
 
June 30,
 
 
June 30,
 
 
 
2019

 
2018

 
2019

 
2018

Balance at beginning of period
 
$12,828
 
$
15,334

 
$
12,643

 
$
16,442

Transfers from loans
 
924

 
384

 
2,030

 
1,014

Transfers from premises and equipment
 
2,640

 

 
2,640

 

Properties sold
 
(1,148
)
 
(777
)
 
(1,864
)
 
(2,209
)
Gain on sale of other real estate owned
 
329

 
51

 
322

 
8

Loans provided for sales of other real estate owned
 

 
(325
)
 
(166
)
 
(445
)
Write-downs and partial liquidations
 
(52
)
 
(28
)
 
(84
)
 
(171
)
Balance at end of period
 
$15,521
 
$
14,639

 
$
15,521

 
$
14,639


Foreclosed residential real estate properties included in the table above totaled $2,895 and $2,101 as of June 30, 2019 and December 31, 2018, respectively. The recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $0 and $478 at June 30, 2019 and December 31, 2018, respectively.
Excess land and facilities held for sale resulting from branch consolidations totaled $7,691 as of June 30, 2019, including $891 acquired in the Atlantic Capital branch acquisition, and $5,381 as of December 31, 2018, respectively.