Question-and-Answer Session
Operator
Thank you. (Operator Instructions). And we'll go first to Matthew Schultheis of Ferris Baker Watts.
Matthew Schultheis - Ferris, Baker Watts
Good morning gentlemen.
Scott Smith
Good morning Matt.
Charlie Nugent
Good morning Matt.
Matthew Schultheis - Ferris, Baker Watts
Just wanted to double check a couple of things you talked about and go over some of the repurchased loans in some detail. The $2.1 million recovery what line item was that in again?
Charlie Nugent
That was another income.
Matthew Schultheis - Ferris, Baker Watts
Okay.
Scott Smith
Other relative income.
Matthew Schultheis - Ferris, Baker Watts
Other, rather. Okay. To-date, what's the total dollar figure of repurchased loans and repurchased OREO with the breakdown between first and second?
Scott Smith
It's roughly in that around $40 million.
Matthew Schultheis - Ferris, Baker Watts
Okay. That's includes OREO first, second it's all in line?
Scott Smith
Yes. It's everything that came back and if it was delinquent it was put in non-performing loans, when we foreclosed on the property it was moved into other real estate loans.
Matthew Schultheis - Ferris, Baker Watts
Okay. How much of OREO is tied that $40 million right now?
Scott Smith
We have a balance of $12 million. I would think approximately $9 million is tied to the repurchases. It's actually 47 million.
Matthew Schultheis - Ferris, Baker Watts
Okay. In that after your -- did you -- and is that net of the charge you took this quarter to that?
Scott Smith
The non-performing loans and OREOs is written down by the -- in other reserves.
Matthew Schultheis - Ferris, Baker Watts
And how much again is in the non-performers related to this?
Scott Smith
$14 million.
Matthew Schultheis - Ferris, Baker Watts
Okay.
Scott Smith
I'm sorry the $14 million increase in the third quarter.
Matthew Schultheis - Ferris, Baker Watts
Right and how much does that total to over the period, over the whole, out of the whole 40 how much ended up in that?
Scott Smith
Exactly how much -- I could say the third quarter, Matt I am not sure about the how much was included in the first and second.
Matthew Schultheis - Ferris, Baker Watts
Okay.
Scott Smith
But I think the majority of that increase is in the third quarter and I think the gross amount is $40 million.
Matthew Schultheis - Ferris, Baker Watts
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