Annual report pursuant to Section 13 and 15(d)

FORECLOSED PROPERTIES (Tables)

v2.4.0.8
FORECLOSED PROPERTIES (Tables)
 12 Months Ended
Dec. 31, 2013
Foreclosed Properties [Abstract]  
Analysis of Foreclosed Properties
An analysis of foreclosed properties (in thousands) for the years ended December 31, 2013, 2012 and 2011 follows:
 
 
 
2013
 
2012
 
2011
 
Balance at beginning of year
 
$
9,685
 
$
12,275
 
$
6,966
 
Transfers from loans and capitalized expenses
 
 
11,244
 
 
2,695
 
 
9,029
 
Foreclosed properties sold
 
 
(7,664)
 
 
(2,967)
 
 
(3,334)
 
Writedowns and partial liquidations
 
 
(593)
 
 
(2,318)
 
 
(386)
 
Balance at end of year
 
$
12,672
 
$
9,685
 
$
12,275