Quarterly report pursuant to Section 13 or 15(d)

OTHER REAL ESTATE OWNED (Tables)

v2.4.1.9
OTHER REAL ESTATE OWNED (Tables)
3 Months Ended
Mar. 31, 2015
Other Real Estate Owned Tables  
Schedule of other real estate owned activity

The following table presents other real estate owned activity for the periods indicated.

 

    Three Months Ended March 31,  
(Dollars in Thousands)   2015     2014  
Beginning Balance   $ 35,680     $ 48,071  
Additions     1,742       1,290  
Valuation Write-downs     (801 )     (730 )
Sales     (2,737 )     (4,595 )
Other     (49 )     —  
Ending Balance   $ 33,835     $ 44,036  
                 
Schedule of net expenses

Net expenses applicable to other real estate owned include the following:

 

    Three Months Ended March 31,  
(Dollars in Thousands)   2015     2014  
Gains from the Sale of Properties   $ (121 )   $ (246 )
Losses from the Sale of Properties     310       356  
Rental Income from Properties     (188 )     (213 )
Property Carrying Costs     695       772  
Valuation Adjustments     801       730  
Total   $ 1,497     $ 1,399