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OREO (Tables)
9 Months Ended
Sep. 30, 2018
OREO.  
Summary of activity related to OREO

The following table summarizes activity related to OREO (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

Year Ended

 

    

September 30, 2018

    

December 31, 2017

OREO:

 

 

 

Beginning balance

    

$

1,283

    

$

2,518

Additions, transfers from loans

 

 

3,706

 

 

1,417

Additions, fair value from First Community 

  acquisition 

 

 

 —

 

 

722

Additions, fair value from Mid Illinois acquisition 

 

 

 —

 

 

60

Proceeds from sales of OREO

 

 

(4,275)

 

 

(5,024)

Gain on sales of OREO

 

 

397

 

 

1,632

Valuation allowance for OREO

 

 

(18)

 

 

(42)

Ending balance

 

$

1,093

 

$

1,283