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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2016
Other Real Estate Owned  
Changes in the balance for OREO

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

(Dollars in thousands)

    

2016

    

2015

 

Balance at the beginning of year, gross

 

$

998

 

$

815

 

Transfers between loans and other real estate owned

 

 

618

 

 

824

 

Capitalized expenses

 

 

20

 

 

 —

 

Charge-offs

 

 

(105)

 

 

(63)

 

Sales proceeds

 

 

(1,384)

 

 

(706)

 

Gain on disposition

 

 

134

 

 

242

 

Deferred gain on disposition

 

 

 —

 

 

(114)

 

Balance at the end of year, gross

 

 

281

 

 

998

 

Less valuation allowance

 

 

(86)

 

 

(56)

 

Balance at the end of year, net

 

$

195

 

$

942

 

 

Changes in the allowance for OREO

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

(Dollars in thousands)

    

2016

    

2015

    

2014

 

Balance at the beginning of year

 

$

56

 

$

29

 

$

4,135

 

Provision for losses

 

 

135

 

 

90

 

 

29

 

Charge-offs, net

 

 

(105)

 

 

(63)

 

 

(4,135)

 

Balance at the end of year

 

$

86

 

$

56

 

$

29