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Other Real Estate Owned (Tables)
6 Months Ended
Jun. 30, 2014
Other Real Estate Owned  
Summary of OREO activity

 

 

 

 

For the three months ended
June 30, 2014

 

For the three months ended
June 30, 2013

 

(in thousands)

 

Non-Covered
OREO

 

Covered
OREO

 

Total

 

Non-Covered
OREO

 

Covered
OREO

 

Total

 

Balance, beginning of period

 

$

9,412

 

$

24,855

 

$

34,267

 

$

19,786

 

$

43,751

 

$

63,537

 

Additions

 

110

 

1,987

 

2,097

 

341

 

4,612

 

4,953

 

Sales

 

(5,253

)

(7,964

)

(13,217

)

(390

)

(4,378

)

(4,768

)

Valuation adjustments

 

 

(934

)

(934

)

(61

)

(2,184

)

(2,245

)

Balance, end of period

 

$

4,269

 

$

17,944

 

$

22,213

 

$

19,676

 

$

41,801

 

$

61,477

 

 

 

 

 

For the six months ended
June 30, 2014

 

For the six months ended
June 30, 2013

 

(in thousands)

 

Non-Covered
OREO

 

Covered
OREO

 

Total

 

Non-Covered
OREO

 

Covered
OREO

 

Total

 

Balance, beginning of period

 

$

12,611

 

$

25,481

 

$

38,092

 

$

21,027

 

$

58,276

 

$

79,303

 

Additions

 

111

 

4,020

 

4,131

 

723

 

13,906

 

14,629

 

Sales

 

(8,439

)

(10,468

)

(18,907

)

(1,781

)

(25,162

)

(26,943

)

Valuation adjustments

 

(14

)

(1,089

)

(1,103

)

(293

)

(5,219

)

(5,512

)

Balance, end of period

 

$

4,269

 

$

17,944

 

$

22,213

 

$

19,676

 

$

41,801

 

$

61,477