Other Real Estate Owned (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Activity in Other Real Estate Owned

The following is a summary of the activity in other real estate owned during the three months ended March 31, 2015, the year ended December 31, 2014 and the three months ended March 31, 2014:


(Dollars in Thousands)	March 31, 2015			December 31, 2014			March 31, 2014
Beginning balance, January 1	$	33,160		$	33,351		$	33,351
Loans transferred to other real estate owned		2,444			11,972			2,554
Net gains (losses) on sale and write-downs		(958	)		(4,585	)		(750	)
Sales proceeds		(2,307	)		(7,578	)		(1,316	)

Ending balance	$	32,339		$	33,160		$	33,839

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 the three months ended March 31, 2015, the year ended December 31, 2014 and the three months ended March 31, 2014:


(Dollars in Thousands)	March 31, 2015			December 31, 2014			March 31, 2014
Beginning balance, January 1	$	15,585		$	4,276		$	4,276
Loans transferred to other real estate owned		1,094			4,160			68
Acquired in acquisitions		—			8,864			—
Transfer from covered other real estate owned due to loss share expiration		—			1,226			—
Net gains (losses) on sale and write-downs		129			828			49
Sales proceeds		(2,990	)		(3,769	)		(529	)

Ending balance	$	13,818		$	15,585		$	3,864

Summary of Activity in Covered Other Real Estate Owned

The following is a summary of the activity in covered other real estate owned during the three months ended March 31, 2015, the year ended December 31, 2014 and the three months ended March 31, 2014:


(Dollars in Thousands)	March 31, 2015			December 31, 2014			March 31, 2014
Beginning balance, January 1	$	19,907		$	45,893		$	45,893
Loans transferred to other real estate owned		1,230			13,650			4,925
Transfer from covered other real estate owned due to loss share expiration		—			(1,226	)		—
Net gains (losses) on sale and write-downs		(1,005	)		(5,965	)		(1,095	)
Sales proceeds		(4,043	)		(32,445	)		(7,087	)

Ending balance	$	16,089		$	19,907		$	42,636