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Other Real Estate Owned
3 Months Ended
Mar. 31, 2017
Banking and Thrift [Abstract]  
Real Estate Owned [Text Block]
NOTE F - OTHER REAL ESTATE OWNED (OREO)

The following table explains changes in other real estate owned during the three months ended March 31, 2017 and March 31, 2016.
(Dollars in thousands)
Covered
 
Noncovered
 
Total
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
)
Write-downs
(496
)
 
(2,235
)
 
(2,731
)
Balance at March 31, 2016
$
9,734

 
$
55,334

 
$
65,068

 
 
 
 
 
 
Balance at December 31, 2016
$
472

 
$
60,759

 
$
61,231

Additions

 
5,822

 
5,822

Sales
(71
)
 
(9,048
)
 
(9,119
)
Write-downs
(52
)
 
(1,391
)
 
(1,443
)
Balance at March 31, 2017
$
349

 
$
56,142

 
$
56,491


At March 31, 2017 and December 31, 2016, BancShares had $15.2 million and $15.0 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 was $21.8 million at both March 31, 2017 and December 31, 2016.