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Other Real Estate Owned
9 Months Ended
Sep. 30, 2018
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 nine months ended September 30, 2018 and September 30, 2017.
(Dollars in thousands)
Total
Balance at December 31, 2016
$
61,231

Additions
26,926

Additions acquired in the Guaranty Bank acquisition
55

Sales
(31,072
)
Write-downs
(3,152
)
Balance at September 30, 2017
$
53,988

 
 
Balance at December 31, 2017
$
51,097

Additions
17,013

Additions acquired in the HomeBanc acquisition
2,135

Sales
(23,488
)
Write-downs
(3,156
)
Balance at September 30, 2018
$
43,601


At September 30, 2018 and December 31, 2017, BancShares had $14.3 million and $19.8 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 $25.1 million and $26.9 million at September 30, 2018 and December 31, 2017, respectively.