Annual report pursuant to Section 13 and 15(d)

OTHER REAL ESTATE OWNED (Tables)

v3.6.0.2
OTHER REAL ESTATE OWNED (Tables)
12 Months Ended
Dec. 31, 2016
Other Real Estate [Abstract]  
Schedule of other real estate owned activity
(Dollars in Thousands) 2016 2015 2014
Beginning Balance $ 19,290 $ 35,680 $ 48,071
Additions 4,016 5,752 15,271
Valuation Write-Downs (2,363) (1,713) (3,142)
Sales (10,305) (20,155) (23,791)
Other - (274) (729)
Ending Balance $ 10,638 $ 19,290 $ 35,680
Schedule of net expenses
Net expenses applicable to other real estate owned as of December 31, was as follows:
(Dollars in Thousands) 2016 2015 2014
Gains from the Sale of Properties $ (410) $ (938) $ (774)
Losses from the Sale of Properties 1,272 2,169 2,094
Rental Income from Properties (88) (250) (523)
Property Carrying Costs 511 2,277 2,872
Valuation Adjustments 2,364 1,713 3,142
Total $ 3,649 $ 4,971 $ 6,811