Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014 and 2013:

(Dollars in Thousands)	2014		2013
Balance, January 1	$	33,351	$	39,850
Loans transferred to other real estate owned		11,972		9,137
Net gains (losses) on sale and write-downs		(4,585)		(5,883)
Sales proceeds		(7,578)		(9,753)
Ending balance	$	33,160	$	33,351

Summary of Activity in Purchased Non-Covered Other Real Estate Owned

The following is a summary of the activity in purchased, non-covered other real estate owned during years ended December 31, 2014 and 2013:

(Dollars in Thousands)	2014		2013
Balance, January 1	$	4,276	$	-
Loans transferred to other real estate owned		4,160		-
Acquired in acquisitions		8,864		5,623
Transfer from covered other real estate owned due to loss share expiration		1,226		-
Net gains (losses) on sale and write-downs		828		-
Sales proceeds		(3,769)		(1,347)
Ending balance	$	15,585	$	4,276

Summary of Activity in Covered Other Real Estate Owned

The following is a summary of the activity in covered other real estate owned during years ended December 31, 2014 and 2013:

(Dollars in Thousands)	2014		2013
Balance, January 1	$	45,893	$	88,273
Loans transferred to other real estate owned		13,650		31,833
Transfer to purchased, non-covered other real estate owned due to loss share expiration		(1,226)		-
Net gains (losses) on sale and write-downs		(5,965)		(16,395)
Sales proceeds		(32,445)		(57,818)
Ending balance	$	19,907	$	45,893