XML 38 R27.htm IDEA: XBRL DOCUMENT v3.4.0.3
Other Real Estate Owned (Tables)
 3 Months Ended
Mar. 31, 2016
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, 2016 and March 31, 2015.
(Dollars in thousands)
Covered
 
Noncovered
 
Total
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

 
 
 
 
 
 
Balance at December 31, 2015
$
6,817

 
$
58,742

 
$
65,559

Additions
3,936

 
6,044

 
9,980

Additions acquired in the North Milwaukee State Bank acquisition
—

 
330

 
330

Sales
(523
)
 
(7,547
)
 
(8,070
)
Writedowns
(496
)
 
(2,235
)
 
(2,731
)
Balance at March 31, 2016
$
9,734

 
$
55,334

 
$
65,068


At March 31, 2016 and December 31, 2015, BancShares had $14.9 million and $16.1 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 was $17.6 million and $15.6 million at March 31, 2016 and December 31, 2015, respectively.