OTHER REAL ESTATE OWNED (Tables)

6 Months Ended

Jun. 30, 2017

OTHER REAL ESTATE OWNED

Schedule of activity in other real estate owned

	Three months ended  June 30,				Six months ended June 30,
	2017		2016		2017		2016
Beginning Balance	$	1,783	$	1,891	$	1,875	$	1,959
Transfer to other real estate owned		667		446		1,108		983
Sale — Out of other real estate owned		(595)		(814)		(1,091)		(1,400)
Acquisition		227		1,668		227		1,668
Write-down		(10)		(11)		(47)		(30)
Ending Balance	$	2,072	$	3,180	$	2,072	$	3,180

Schedule of activity in the valuation account for other real estate

	Three months ended  June 30,				Six months ended June 30,
	2017		2016		2017		2016
Beginning Balance —	$	(262)	$	(236)	$	(236)	$	(217)
Impairments during year		(10)		(11)		(47)		(30)
Recovery on impairments		35		13		46		13
Ending Balance —	$	(237)	$	(234)	$	(237)	$	(234)

Schedule of net loss on OREO activity which is included in non-interest income and expenses related to foreclosed assets

	Three months ended  June 30,				Six months ended June 30,
	2017		2016		2017		2016
Write-downs	$	10	$	11	$	47	$	30
Losses/(gains)on sales		(70)		(48)		(229)		(216)
Net loss/(gain)	$	(60)	$	(37)	$	(182)	$	(186)
Operating expenses	$	39	$	52	$	82	$	57