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Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2016
Other Real Estate Owned [Abstract]  
Details of changes in other real estate owned

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2016

(In thousands)

    

Loans

    

Tax Liens

    

Total

Beginning balance

 

$

220

 

$

7,215

 

$

7,435

Net proceeds from sales

 

 

(6)

 

 

(455)

 

 

(461)

Net gains (losses) on sales

 

 

1

 

 

(19)

 

 

(18)

Transfers in

 

 

28

 

 

79

 

 

107

Cash additions

 

 

 —

 

 

91

 

 

91

Impairment charge

 

 

 —

 

 

(58)

 

 

(58)

Ending balance

 

$

243

 

$

6,853

 

$

7,096

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2015

(In thousands)

    

Loans

    

Tax Liens

    

Total

Beginning balance

 

$

349

 

$

9,430

 

$

9,779

Net proceeds from sales

 

 

(1,735)

 

 

(4,730)

 

 

(6,465)

Net gain on sales

 

 

60

 

 

859

 

 

919

Transfers in

 

 

1,671

 

 

2,671

 

 

4,342

Cash additions

 

 

 —

 

 

558

 

 

558

Transfer to loans

 

 

 —

 

 

(995)

 

 

(995)

Impairment charge

 

 

(125)

 

 

(578)

 

 

(703)

Ending balance

 

$

220

 

$

7,215

 

$

7,435