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Other Real Estate Owned
12 Months Ended
Dec. 31, 2014
Repossessed Assets [Abstract]  
Other Real Estate Owned
OTHER REAL ESTATE OWNED
        
Information with respect to the Company’s other real estate owned follows:
Year Ended December 31,
2014
 
2013
 
2012
Balance at beginning of year
$
15,504

 
$
32,571

 
$
37,452

Acquisitions
3,608

 

 

Additions
5,198

 
11,545

 
43,541

Capitalized improvements

 
65

 
75

Valuation adjustments
(224
)
 
(3,512
)
 
(6,724
)
Dispositions
(10,532
)
 
(25,165
)
 
(41,773
)
Balance at end of year
$
13,554

 
$
15,504

 
$
32,571


        
Write-downs of $224 during 2014 included adjustments of $93 directly related to receipt of updated appraisals and adjustments of $131 based on other sources, including management estimates of the current fair value of properties. Write-downs of $3,512 during 2013 included adjustments of $1,083 directly related to receipt of updated appraisals and adjustments of $2,429 based on other sources, including management estimates of the current fair value of properties. Write-downs of $6,724 during 2012 included adjustments of $702 directly related to receipt of updated appraisals and adjustments of $6,022 based on other sources, including management estimates of the current fair value of properties.