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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Changes in Other Real Estate Owned
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.