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Other Real Estate Owned
 9 Months Ended
Sep. 30, 2014
Banking and Thrift [Abstract]  
Other Real Estate Owned
OTHER REAL ESTATE OWNED (OREO)

The following table explains changes in other real estate owned during the nine months ended September 30, 2014 and September 30, 2013.

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

 
$
43,513

 
$
146,090

Additions
50,365

 
28,756

 
79,121

Sales
(78,597
)
 
(29,266
)
 
(107,863
)
Writedowns
(15,576
)
 
(2,665
)
 
(18,241
)
Balance at September 30, 2013
$
58,769

 
$
40,338

 
$
99,107

 
 
 
 
 
 
Balance at December 31, 2013
$
47,081

 
$
36,898

 
$
83,979

Additions 1
25,235

 
28,492

 
53,727

Sales
(27,756
)
 
(23,526
)
 
(51,282
)
Writedowns
(9,751
)
 
(4,215
)
 
(13,966
)
Transfers 2
$
(5,537
)
 
$
5,537

 
$
—

Balance at September 30, 2014
$
29,272

 
$
43,186

 
$
72,458

1 Noncovered additions include $11.6 million from the 1st Financial merger.
2 Transfers include OREO balances associated with expired loss share agreements.