Other Real Estate and Repossessed Assets Acquired in Settlement of Loans (Tables)

12 Months Ended

Dec. 31, 2017

Other Real Estate [Abstract]

Schedule of summary of real estate and other assets acquired in settlement of loans

(in thousands)	2017			2016
Commercial	​	$	727	​	$	809
Real estate construction - commercial	​	​	12,380	​	​	12,380
Real estate mortgage - residential	​	​	382	​	​	647
Real estate mortgage - commercial	​	​	2,909	​	​	3,439
Repossessed assets	​	​	5	​	​	16
Total	​	$	16,403	​	$	17,291
Less valuation allowance for other real estate owned	​	​	(3,221)	​	​	(3,129)
Total other real estate owned and repossessed assets	​	$	13,182	​	$	14,162

Schedule of changes in the net carrying amount of other real estate owned and repossessed assets

Balance at December 31, 2015	$	19,225
Additions	​	2,233
Proceeds from sales	​	(4,057)
Charge-offs against the valuation allowance for other real estate owned, net	​	(317)
Net gain on sales	​	207
Balance at December 31, 2016	$	17,291
Additions	​	374
Proceeds from sales	​	(1,115)
Charge-offs against the valuation allowance for other real estate owned, net	​	(192)
Net gain on sales	​	45
Total other real estate owned and repossessed assets	$	16,403
Less valuation allowance for other real estate owned	​	(3,221)
Balance at December 31, 2017	$	13,182

Schedule of summary of activity in valuation allowance for other real estate owned in settlement of loans

(in thousands)	2017			2016			2015
Balance, beginning of year		$	3,129		$	3,233		$	3,255
Provision for other real estate owned			284			213			17
Charge-offs			(192)			(317)			(39)
Balance, end of year		$	3,221		$	3,129		$	3,233