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Other Real Estate Owned
9 Months Ended
Sep. 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 nine months ended September 30, 2019 and 2018: 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
September 30,
 
 
September 30,
 
 
 
2019

 
2018

 
2019

 
2018

Balance at beginning of period
 
$15,521
 
$
14,639

 
$
12,643

 
$
16,442

Transfers from loans
 
1,535

 
476

 
3,565

 
1,490

Transfers from premises and equipment
 

 

 
2,640

 

Proceeds from sale of other real estate owned
 
(854
)
 
(1,457
)
 
(2,718
)
 
(3,666
)
Gain on sale of other real estate owned
 
260

 
205

 
582

 
213

Loans provided for sales of other real estate owned
 

 
(191
)
 
(166
)
 
(636
)
Write-downs and partial liquidations
 
(386
)
 
(85
)
 
(470
)
 
(256
)
Balance at end of period
 
$16,076
 
$
13,587

 
$
16,076

 
$
13,587


Foreclosed residential real estate properties included in the table above totaled $3,066 and $2,101 as of September 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 $867 and $478 at September 30, 2019 and December 31, 2018, respectively.
Excess land and facilities held for sale resulting from branch consolidations totaled $7,305 as of September 30, 2019, including $891 acquired in the Atlantic Capital branch acquisition, and $5,381 as of December 31, 2018, respectively.