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Other Real Estate and Covered Other Real Estate (Tables)
12 Months Ended
Dec. 31, 2014
Other Real Estate and Covered Other Real Estate [Abstract]  
Changes and losses, net on non-covered other real estate
For the years ended December 31, 2014, 2013 and 2012, changes and gains (losses), net on other real estate, excluding covered other real estate, were as follows ($ in thousands):

  
2014
  
2013
  
2012
 
Balance at beginning of period
 
$
106,539
  
$
78,189
  
$
79,053
 
  Additions (1)
  
37,428
   
80,256
   
38,894
 
  Disposals
  
(43,802
)
  
(45,545
)
  
(33,155
)
  Write-downs
  
(7,656
)
  
(6,361
)
  
(6,603
)
Balance at end of period
 
$
92,509
  
$
106,539
  
$
78,189
 
             
Gain (loss), net on the sale of other real estate included in ORE/Foreclosure expense
 
$
3,697
  
$
(881
)
 
$
(279
)

(1)Includes $40.1 million of other real estate acquired from BancTrust on February 15, 2013, and $2.6 million of other real estate acquired from Bay Bank on March 16, 2012.
Other real estate by type of property
At December 31, 2014 and 2013, other real estate, excluding covered other real estate, by type of property consisted of the following ($ in thousands):

  
2014
  
2013
 
Construction, land development and other land properties
 
$
61,015
  
$
65,273
 
1-4 family residential properties
  
10,150
   
14,696
 
Nonfarm, nonresidential properties
  
19,696
   
26,433
 
Other real estate properties
  
1,648
   
137
 
Total other real estate, excluding covered other real estate
 
$
92,509
  
$
106,539
 
Other real estate by geographic location
At December 31, 2014 and 2013, other real estate, excluding covered other real estate, by geographic location consisted of the following ($ in thousands):

  
2014
  
2013
 
Alabama
 
$
21,196
  
$
25,912
 
Florida
  
35,324
   
34,480
 
Mississippi (1)
  
17,397
   
22,766
 
Tennessee (2)
  
10,292
   
12,892
 
Texas
  
8,300
   
10,489
 
Total other real estate, excluding covered other real estate
 
$
92,509
  
$
106,539
 

(1)Mississippi includes Central and Southern Mississippi Regions
(2)Tennessee includes Memphis, Tennessee and Northern Mississippi Regions
Changes, gains and losses, net on covered other real estate
For the years ended December 31, 2014, 2013 and 2012, changes and gains, net on covered other real estate were as follows ($ in thousands):

  
2014
  
2013
  
2012
 
Balance at beginning of period
 
$
5,108
  
$
5,741
  
$
6,331
 
Transfers from covered loans
  
2,851
   
1,934
   
1,424
 
FASB ASC 310-30 adjustment for the residual recorded investment
  
136
   
(345
)
  
(112
)
Net transfers from covered loans
  
2,987
   
1,589
   
1,312
 
Disposals
  
(1,232
)
  
(1,442
)
  
(1,631
)
Write-downs
  
(803
)
  
(780
)
  
(271
)
Balance at end of period
 
$
6,060
  
$
5,108
  
$
5,741
 
             
Gain, net on the sale of covered other real estate included in ORE/Foreclosure expenses
 
$
24
  
$
119
  
$
485
 
Covered other real estate by type of property
At December 31, 2014 and 2013, covered other real estate consisted of the following types of properties ($ in thousands):

  
2014
  
2013
 
Construction, land development and other land properties
 
$
1,917
  
$
733
 
1-4 family residential properties
  
1,103
   
1,981
 
Nonfarm, nonresidential properties
  
2,296
   
2,394
 
Other real estate properties
  
744
   
-
 
Total covered other real estate
 
$
6,060
  
$
5,108