Quarterly report pursuant to Section 13 or 15(d)

OTHER REAL ESTATE OWNED (Tables)

v2.4.0.8
OTHER REAL ESTATE OWNED (Tables)
3 Months Ended
Mar. 31, 2014
Other Real Estate Owned Tables  
Activity of other real estate owned

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

 

    Three Months Ended March 31,
(Dollars in Thousands)   2014   2013
Beginning Balance   $ 48,071     $ 53,426  
Additions     1,290       12,979  
Valuation Write-downs     (730 )     (1,145 )
Sales     (4,595 )     (6,740 )
Other     —         (99 )
Ending Balance   $ 44,036     $ 58,421  
Activity of net expenses other real estate owned

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

 

    Three Months Ended March 31,
(Dollars in Thousands)   2014   2013
Gains from the Sale of Properties   $ (246 )   $ (60 )
Losses from the Sale of Properties     356       798  
Rental Income from Properties     (213 )     (17 )
Property Carrying Costs     772       958  
Valuation Adjustments     730       1,145  
Total   $ 1,399     $ 2,824