Other Real Estate Owned and Personal Property Acquired in Settlement of Loans (Tables)

12 Months Ended

Dec. 31, 2014

Repossessed Assets [Abstract]

Schedule of Repossessed Assets

The following table summarizes real estate acquired in settlement of loans and personal property acquired in settlement of loans at the periods indicated:

(dollars in thousands)	December 31, 2014		December 31, 2013
Real estate acquired in settlement of loans	$	20,122	$	28,353
Personal property acquired in settlement of loans	289		42
Total property acquired in settlement of loans	$	20,411	$	28,395

Activities of Real Estate Acquired through Foreclosure

The following table summarize the changes in real estate acquired in settlement of loans at the periods indicated:

	For Year Ended
(dollars in thousands)	December 31, 2014			December 31, 2013
Real estate acquired in settlement of loans, beginning of period	$	28,353		$	62,796
Plus: New real estate acquired in settlement of loans	4,372			15,001
Less: Sales of real estate acquired in settlement of loans	(11,849		)	(45,523		)
Less: Write-downs and net loss on sales charged to expense	(754		)	(3,921		)
Real estate acquired in settlement of loans, end of period	$	20,122		$	28,353