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Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2015
Banking and Thrift [Abstract]  
Changes in other real estate owned
The following table explains changes in other real estate owned during the three months ended March 31, 2015 and March 31, 2014.
(Dollars in thousands)
Covered
 
Noncovered
 
Total
Balance at December 31, 2013
$
47,081

 
$
36,898

 
$
83,979

Additions
1,514

 
3,318

 
4,832

Additions acquired in the 1st Financial merger

 
11,591

 
11,591

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

 
 
 
 
 
 
Balance at December 31, 2014
$
22,982

 
$
70,454

 
$
93,436

Additions
4,244

 
17,084

 
21,328

Sales
(8,970
)
 
(13,573
)
 
(22,543
)
Writedowns
(954
)
 
(1,275
)
 
(2,229
)
Balance at March 31, 2015
$
17,302

 
$
72,690

 
$
89,992


At March 31, 2015 and December 31, 2014, BancShares had $23.2 million and $29.0 million, respectively, of foreclosed residential real estate property in OREO and $20.1 million and $24.8 million, respectively, in recorded investment in consumer mortgage loans collateralized by residential real estate property in the process of foreclosure.