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Other Real Estate Owned
3 Months Ended
Mar. 31, 2014
Banking and Thrift [Abstract]  
Other Real Estate Owned
Other Real Estate Owned

The following table explains changes in other real estate owned during the three months ended March 31, 2014 and March 31, 2013.

(Dollars in thousands)
Covered
 
Noncovered
 
Total
Balance at December 31, 2012
$
102,577

 
$
43,513

 
$
146,090

Additions
29,370

 
8,763

 
38,133

Sales
(27,316
)
 
(6,347
)
 
(33,663
)
Writedowns
(2,730
)
 
(1,101
)
 
(3,831
)
Balance at March 31, 2013
$
101,901

 
$
44,828

 
$
146,729

Balance at December 31, 2013
$
47,081

 
$
36,898

 
$
83,979

Additions 1
1,514

 
14,909

 
16,423

Sales
(4,512
)
 
(5,854
)
 
(10,366
)
Writedowns
(2,228
)
 
(1,449
)
 
(3,677
)
Balance at March 31, 2014
$
41,855

 
$
44,504

 
$
86,359

1 Noncovered additions include $11.6 million from the 1st Financial merger.