OTHER REAL ESTATE OWNED (Tables)

9 Months Ended

Sep. 30, 2017

OTHER REAL ESTATE OWNED

Schedule of activity in other real estate owned

	Three months ended  September 30,				Nine months ended September 30,
	2017		2016		2017		2016
Beginning Balance	$	2,072	$	3,180	$	1,875	$	1,959
Transfer to other real estate owned		362		564		1,470		1,547
Sale — Out of other real estate owned		(845)		(1,441)		(1,936)		(2,841)
Acquisition		—		—		227		1,668
Write-down		(21)		(61)		(68)		(91)
Ending Balance	$	1,568	$	2,242	$	1,568	$	2,242

Schedule of activity in the valuation account for other real estate

	Three months ended  September 30,				Nine months ended September 30,
	2017		2016		2017		2016
Beginning Balance —	$	(237)	$	(234)	$	(236)	$	(217)
Impairments during year		(21)		(61)		(68)		(91)
Recovery on impairments		20		5		66		18
Ending Balance —	$	(238)	$	(290)	$	(238)	$	(290)

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

	Three months ended  September 30,				Nine months ended September 30,
	2017		2016		2017		2016
Write-downs	$	21	$	61	$	68	$	91
Losses/(gains)on sales		(65)		(128)		(294)		(344)
Net loss/(gain)	$	(44)	$	(67)	$	(226)	$	(253)
Operating expenses	$	24	$	46	$	106	$	103