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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2014
Banking and Thrift [Abstract]  
Changes in Other Real Estate Owned
The following table explains changes in other real estate owned during 2014 and 2013.
(Dollars in thousands)
Covered
 
Noncovered
 
Total
Balance at January 1, 2013
$
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

Additions
29,708

 
36,574

 
66,282

Additions acquired in the Bancorporation merger (1)
1,336

 
34,008

 
35,344

Additions acquired in the 1st Financial merger (1)

 
11,591

 
11,591

Sales
(38,753
)
 
(48,935
)
 
(87,688
)
Writedowns
(10,853
)
 
(5,219
)
 
(16,072
)
Transfers (2)
$
(5,537
)
 
$
5,537

 
$

Balance at December 31, 2014
$
22,982

 
$
70,454

 
$
93,436

(1) These additions relate to the mergers with 1st Financial Services Corporation and First Citizens Bancorporation, Inc. See Note B, "Business Combinations," for a further description.
(2) Transfers include OREO balances associated with expired loss share agreements.