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OTHER REAL ESTATE OWNED (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Summary of Activity in Other Real Estate Owned
The following is a summary of the activity in other real estate owned during years ended December 31, 2018 and 2017:
(dollars in thousands)
2018
 
2017
Balance, January 1
$
8,464

 
$
10,874

Loans transferred to other real estate owned
4,124

 
4,372

Net gains (losses) on sale and write-downs recorded in statement of income
(611
)
 
(862
)
Sales proceeds
(4,697
)
 
(5,920
)
Other
(62
)
 

Ending balance
$
7,218

 
$
8,464

Summary of Activity in Purchased Other Real Estate Owned
The following is a summary of the activity in purchased other real estate owned during years ended December 31, 2018 and 2017:
(dollars in thousands)
2018
 
2017
Balance, January 1
$
9,011

 
$
12,540

Loans transferred to other real estate owned
6,396

 
5,023

Acquired in acquisitions
1,888

 

Portion of gains (losses) on sale and write-downs payable to (receivable from) the FDIC under loss-sharing agreements
17

 
86

Net gains (losses) on sale and write-downs recorded in statement of income
(690
)
 
362

Sales proceeds
(7,087
)
 
(9,000
)
Ending balance
$
9,535

 
$
9,011