FORECLOSED PROPERTIES (Summary of Foreclosed Properties) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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Foreclosed Properties [Line Items] | |||
Balance at beginning of year | $ 5,392 | $ 6,840 | $ 12,861 |
OREO acquired | 0 | 2,348 | 0 |
Transfers from loans and capitalized expenses | 4,112 | 2,210 | 2,417 |
Foreclosed properties sold | (3,931) | (5,227) | (7,214) |
Writedowns and partial liquidations | (585) | (779) | (1,224) |
Balance at end of year | $ 4,988 | $ 5,392 | $ 6,840 |
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- Definition The value of properties held for sale acquired from customer under loan arrangement. No definition available.
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- References No definition available.
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- Definition The Value of foreclosed properties sold during the period. No definition available.
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- Definition The Value of foreclosed properties transferred from loans and capitalized during the period. No definition available.
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- Definition The value of write down and partial liquidations during the period. No definition available.
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- Definition Value transferred from mortgage loans to real estate owned (REO) in noncash transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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