The following table provides a summary of OREO activity for the three months ended September 30, 2013 and 2012:

	For the three months ended September 30, 2013									For the three months ended September 30, 2012
(in thousands)	Non-Covered OREO			Covered OREO			Total			Non-Covered OREO			Covered OREO			Total
Balance, beginning of period	$	19,676		$	41,801		$	61,477		$	34,667		$	82,834		$	117,501
Additions	—			4,008			4,008			1,485			14,989			16,474
Sales	(771		)	(14,435		)	(15,206		)	(8,364		)	(9,938		)	(18,302		)
Valuation adjustments	—			(1,556		)	(1,556		)	(733		)	(4,267		)	(5,000		)
Balance, end of period	$	18,905		$	29,818		$	48,723		$	27,055		$	83,618		$	110,673

The following table provides a summary of OREO activity for the nine months ended September 30, 2013 and 2012:

	For the nine months ended September 30, 2013									For the nine months ended September 30, 2012
(in thousands)	Non-Covered OREO			Covered OREO			Total			Non-Covered OREO			Covered OREO			Total
Balance, beginning of period	$	21,027		$	58,276		$	79,303		$	30,790		$	98,550		$	129,340
Additions	723			17,914			18,637			14,177			44,025			58,202
Sales	(2,552		)	(39,597		)	(42,149		)	(12,781		)	(42,632		)	(55,413		)
Valuation adjustments	(293		)	(6,775		)	(7,068		)	(5,131		)	(16,325		)	(21,456		)
Balance, end of period	$	18,905		$	29,818		$	48,723		$	27,055		$	83,618		$	110,673