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OTHER REAL ESTATE OWNED
 6 Months Ended
Jun. 30, 2018
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
OTHER REAL ESTATE OWNED
OTHER REAL ESTATE OWNED
 
The following is a summary of the activity in OREO during the six months ended June 30, 2018 and 2017:
(dollars in thousands)
June 30,
2018
 
June 30,
2017
Beginning balance, January 1
$
8,464

 
$
10,874

Loans transferred to other real estate owned
1,691

 
3,347

Net gains (losses) on sale and write-downs recorded in statement of income
(154
)
 
(553
)
Sales proceeds
(1,923
)
 
(2,185
)
Other
(75
)
 
—

Ending balance
$
8,003

 
$
11,483


 
The following is a summary of the activity in purchased OREO during the six months ended June 30, 2018 and 2017:
(dollars in thousands) 
June 30,
2018
 
June 30,
2017
Beginning balance, January 1
$
9,011

 
$
12,540

Loans transferred to other real estate owned
556

 
3,281

Acquired in acquisitions
1,888

 
—

Portion of gains (losses) on sale and write-downs payable to (receivable from) the FDIC under loss-sharing agreements
—

 
40

Net gains (losses) on sale and write-downs recorded in statement of income
(231
)
 
819

Sales proceeds
(3,952
)
 
(5,350
)
Ending balance
$
7,272

 
$
11,330