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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Other Real Estate Owned
OTHER REAL ESTATE OWNED (OREO)

The following table explains changes in other real estate owned during 2018 and 2017.
(Dollars in thousands)
 
Total
Balance at January 1, 2017
 
$
61,231

Additions
 
34,980

Additions acquired in the Guaranty acquisition
 
55

Sales
 
(40,709
)
Write-downs
 
(4,460
)
Balance at December 31, 2017
 
51,097

Additions
 
24,997

Additions acquired in the HomeBancorp acquisition
 
2,135

Additions acquired in the Palmetto Heritage acquisition
 
2,319

Sales
 
(28,128
)
Write-downs
 
(4,390
)
Balance at December 31, 2018
 
$
48,030


At December 31, 2018 and 2017, BancShares had $17.2 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 $22.0 million and $26.9 million at December 31, 2018, and December 31, 2017, respectively.