Quarterly report pursuant to Section 13 or 15(d)

OTHER REAL ESTATE OWNED (Tables)

v3.10.0.1
OTHER REAL ESTATE OWNED (Tables)
9 Months Ended
Sep. 30, 2018
Other Real Estate [Abstract]  
Schedule of other real estate owned activity
Three Months Ended September 30, Nine Months Ended September 30,
(Dollars in Thousands) 2018 2017 2018 2017
Beginning Balance $ 3,373 $ 7,968 $ 3,941 $ 10,638
Additions 420 339 1,260 2,024
Valuation Write-downs (224) (350) (856) (1,118)
Sales (849) (1,970) (1,625) (5,291)
Other - - - (266)
Ending Balance $ 2,720 $ 5,987 $ 2,720 $ 5,987
Schedule of net expenses
Net expenses applicable to other real estate owned include the following:
Three Months Ended September 30, Nine Months Ended September 30,
(Dollars in Thousands) 2018 2017 2018 2017
Gains from the Sale of Properties $ (46) $ (711) $ (127) $ (980)
Losses from the Sale of Properties 70 123 212 318
Rental Income from Properties (3) (19) (9) (73)
Property Carrying Costs 102 139 289 397
Valuation Adjustments 224 350 856 1,118
Total $ 347 $ (118) $ 1,221 $ 780