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Other Real Estate Owned (OREO) (Tables)
9 Months Ended
Sep. 30, 2017
Real Estate [Abstract]  
Summary of Changes in the Balance for OREO
Changes in the balance for OREO are as follows (in thousands):
 
Nine Months Ended
 
Year Ended
 
September 30,
2017
 
December 31,
2016
Balance at the beginning of year, gross
$
250

 
$
2,903

Transfers in
—

 
287

Charge-offs
—

 
(251
)
Sales proceeds
—

 
(2,882
)
Gain on disposition
—

 
193

Balance at the end of period, gross
$
250

 
$
250

Less: valuation allowance
—

 
—

Balance at the end of period, net
$
250

 
$
250

Summary of Changes in the Valuation Allowance
Changes in the valuation allowance are as follows (in thousands):
 
Nine Months Ended
 
Year Ended
 
September 30,
2017
 
September 30,
2016
 
December 31,
2016
Balance at beginning of year
$
—

 
$
224

 
$
224

Provision for losses
—

 
27

 
27

Charge-offs, net
—

 
(251
)
 
(251
)
Balance at end of period
$
—

 
$
—

 
$
—