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Other Real Estate (Tables)
 6 Months Ended
Jun. 30, 2016
Real Estate [Abstract]  
Schedule of Real Estate Owned
The following table segregates the other real estate (“ORE”) by type.
(in thousands)
 
June 30,
2016
 
December 31,
2015
Commercial
 
$
8,415

 
$
7,147

Residential
 
1,829

 
1,263

Undeveloped property
 
8,377

 
10,267

Total ORE, net
 
$
18,621

 
$
18,677
Schedule of Changes in Real Estate Acquired in Settlement of Loans for the Period
The following table summarizes the changes in ORE.
 
 
For the Three Months Ended
June 30,
 
For the Six Months Ended
June 30,
(in thousands)
 
2016
 
2015
 
2016
 
2015
Beginning balance
 
$
19,482

 
$
19,988

 
$
18,677

 
$
22,564

ORE acquired in acquisition
 
—

 
—

 
809

 
—

Transfers of loans to ORE
 
2,252

 
984

 
4,934

 
1,819

Sales
 
(3,106
)
 
(4,731
)
 
(5,409
)
 
(7,908
)
Write-downs
 
(7
)
 
(171
)
 
(390
)
 
(405
)
Ending balance
 
$
18,621

 
$
16,070

 
$
18,621

 
$
16,070