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Other Real Estate (Tables)
12 Months Ended
Dec. 31, 2019
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,

 

 

 

2019

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

34,668

 

 

$

43,228

 

 

$

62,051

 

Additions (1)

 

 

8,598

 

 

 

12,115

 

 

 

9,235

 

Disposals

 

 

(11,474

)

 

 

(19,802

)

 

 

(24,762

)

Write-downs

 

 

(2,544

)

 

 

(873

)

 

 

(3,296

)

Balance at end of period

 

$

29,248

 

 

$

34,668

 

 

$

43,228

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

   included in other real estate expense

 

$

(291

)

 

$

700

 

 

$

2,087

 

 

(1)

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, 2019 and 2018, other real estate by type of property consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Construction, land development and other land properties

 

$

11,482

 

 

$

16,206

 

1-4 family residential properties

 

 

3,453

 

 

 

4,983

 

Nonfarm, nonresidential properties

 

 

14,313

 

 

 

13,296

 

Other real estate properties

 

 

 

 

 

183

 

Total other real estate

 

$

29,248

 

 

$

34,668

 

Other Real Estate, By Geographic Location

At December 31, 2019 and 2018, other real estate by geographic location consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Alabama

 

$

8,133

 

 

$

6,873

 

Florida

 

 

5,877

 

 

 

8,771

 

Mississippi (1)

 

 

14,919

 

 

 

17,255

 

Tennessee (2)

 

 

319

 

 

 

1,025

 

Texas

 

 

 

 

 

744

 

Total other real estate

 

$

29,248

 

 

$

34,668

 

 

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.