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Other Real Estate (Tables)
12 Months Ended
Dec. 31, 2018
Other Real Estate And Foreclosed Assets [Abstract]  
Changes and Gains (Losses), Net on Other Real Estate

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

 

 

 

Years Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016 (1)

 

Balance at beginning of period

 

$

43,228

 

 

$

62,051

 

 

$

78,828

 

Additions (2)

 

 

12,115

 

 

 

9,235

 

 

 

24,525

 

Disposals

 

 

(19,802

)

 

 

(24,762

)

 

 

(36,801

)

Write-downs

 

 

(873

)

 

 

(3,296

)

 

 

(4,501

)

Balance at end of period

 

$

34,668

 

 

$

43,228

 

 

$

62,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain (losses), net on the sale of other real estate

   included in other real estate expense

 

$

700

 

 

$

2,087

 

 

$

7,031

 

 

(1)

The changes and gains, net on other real estate for the year ended December 31, 2016 include covered other real estate.

(2)

For the year ended December 31, 2017, additions to other real estate included $475 thousand of other real estate acquired in the Reliance merger on April 7, 2017.

Other Real Estate, By Type of Property

At December 31, 2018 and 2017, other real estate by type of property consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Construction, land development and other land properties

 

$

16,206

 

 

$

27,491

 

1-4 family residential properties

 

 

4,983

 

 

 

5,081

 

Nonfarm, nonresidential properties

 

 

13,296

 

 

 

10,468

 

Other real estate properties

 

 

183

 

 

 

188

 

Total other real estate

 

$

34,668

 

 

$

43,228

 

Other Real Estate, By Geographic Location

At December 31, 2018 and 2017, other real estate by geographic location consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Alabama

 

$

6,873

 

 

$

11,714

 

Florida

 

 

8,771

 

 

 

13,937

 

Mississippi (1)

 

 

17,255

 

 

 

14,260

 

Tennessee (2)

 

 

1,025

 

 

 

2,535

 

Texas

 

 

744

 

 

 

782

 

Total other real estate

 

$

34,668

 

 

$

43,228

 

 

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.