Other Real Estate Owned
 12 Months Ended
Dec. 31, 2016
Other Real Estate [Abstract]  
Other Real Estate Owned
Other Real Estate Owned

The following table is a summary of OREO activity for the periods indicated: 
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(In thousands)
Balance at beginning of year
$
3,663

 
$
9,283

 
$
11,465

   Loans transferred to OREO
—

 
141

 
1,823

   Capitalized improvements
—

 
—

 
120

Gross proceeds from sale of OREO
(988
)
 
(6,246
)
 
(3,646
)
(Loss) gain on sale of OREO
(87
)
 
526

 
(86
)
   Market value adjustments
(257
)
 
(41
)
 
(393
)
Balance at end of year
$
2,331

 
$
3,663

 
$
9,283


 
OREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. OREO at December 31, 2016 consisted of $2.3 million in commercial real estate properties and no construction/land properties.