XML 29 R16.htm IDEA: XBRL DOCUMENT v3.6.0.2
Other Real Estate Owned
12 Months Ended
Dec. 31, 2016
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,
2016
 
2015
 
2014
Balance at beginning of year
$
6,254

 
$
13,554

 
$
15,504

Acquisitions
1,120

 

 
3,608

Additions
7,648

 
5,560

 
5,198

Valuation adjustments
(603
)
 
(207
)
 
(224
)
Dispositions
(4,400
)
 
(12,653
)
 
(10,532
)
Balance at end of year
$
10,019

 
$
6,254

 
$
13,554


        
Write-downs of $603 during 2016 included adjustments of $550 directly related to receipt of updated appraisals and adjustments of $53 based on other sources, including management estimates of the current fair value of properties. Write-downs of $207 during 2015 included adjustments of $106 directly related to receipt of updated appraisals and adjustments of $101 based on other sources, including management estimates of the current fair value of properties. 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.