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Other Real Estate Owned (Tables)
 6 Months Ended
Jun. 30, 2015
Banking and Thrift [Abstract]  
Changes in other real estate owned
The following table explains changes in other real estate owned during the six months ended June 30, 2015 and June 30, 2014.
(Dollars in thousands)
Covered
 
Noncovered
 
Total
Balance at December 31, 2013
$
47,081

 
$
36,898

 
$
83,979

Additions
16,186

 
8,894

 
25,080

Additions acquired in the 1st Financial merger
—

 
11,591

 
11,591

Sales
(18,522
)
 
(19,150
)
 
(37,672
)
Writedowns
(4,609
)
 
(3,082
)
 
(7,691
)
Balance at June 30, 2014
$
40,136

 
$
35,151

 
$
75,287

 
 
 
 
 
 
Balance at December 31, 2014
$
22,982

 
$
70,454

 
$
93,436

Additions
5,833

 
24,558

 
30,391

Sales
(12,962
)
 
(34,324
)
 
(47,286
)
Writedowns
(857
)
 
(2,436
)
 
(3,293
)
Transfers (1)
(2,106
)
 
2,106

 
—

Balance at June 30, 2015
$
12,890

 
$
60,358

 
$
73,248


(1) Transfers include OREO balances associated with expired loss share agreements.
At June 30, 2015 and December 31, 2014, BancShares had $17.6 million and $29.0 million, respectively, of foreclosed residential real estate property in OREO. The recorded investment in consumer mortgage loans collateralized by residential real estate property in the process of foreclosure totaled $18.1 million and $24.8 million at June 30, 2015 and December 31, 2014, respectively.