Other Real Estate (Tables)

6 Months Ended

Jun. 30, 2017

For the periods presented, changes and gains, net on other real estate were as follows ($ in thousands):

	Six Months Ended June 30,
	2017			2016 (1)
Balance at beginning of period	$	62,051		$	78,828
Additions (2)		4,498			8,668
Disposals		(14,430	)		(14,587	)
Write-downs		(2,161	)		(3,019	)
Balance at end of period	$	49,958		$	69,890

Gain, net on the sale of other real estate included in other real estate expense	$	1,518		$	3,445

(1)	The changes and gains, net on other real estate for the six months ended June 30, 2016 include covered other real estate.

(2)	Includes $475 thousand of other real estate acquired in the Reliance merger on April 7, 2017.

At June 30, 2017 and December 31, 2016, other real estate by type of property consisted of the following ($ in thousands):

	June 30, 2017		December 31, 2016
Construction, land development and other land properties	$	31,422	$	36,871
1-4 family residential properties		6,709		7,926
Nonfarm, nonresidential properties		11,493		16,817
Other real estate properties		334		437
Total other real estate	$	49,958	$	62,051

At June 30, 2017 and December 31, 2016, other real estate by geographic location consisted of the following ($ in thousands):

(1)	Mississippi includes Central and Southern Mississippi Regions

(2)	Tennessee includes Memphis, Tennessee and Northern Mississippi Regions