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Other Real Estate Owned
12 Months Ended
Dec. 31, 2013
Banking and Thrift [Abstract]  
Other Real Estate Owned
OTHER REAL ESTATE OWNED

The following table explains changes in other real estate owned during 2013 and 2012.

 
Covered
 
Noncovered
 
Total
 
(dollars in thousands)
Balance at January 1, 2012
$
148,599

 
$
50,399

 
$
198,998

Additions
105,059

 
35,586

 
140,645

Sales
(124,435
)
 
(33,564
)
 
(157,999
)
Writedowns
(26,646
)
 
(8,908
)
 
(35,554
)
Balance at December 31, 2012
102,577

 
43,513

 
146,090

Additions
59,034

 
33,908

 
92,942

Sales
(96,744
)
 
(36,168
)
 
(132,912
)
Writedowns
(17,786
)
 
(4,355
)
 
(22,141
)
Balance at December 31, 2013
$
47,081

 
$
36,898

 
$
83,979