OTHER REAL ESTATE OWNED (Tables) |
12 Months Ended |
---|---|
Dec. 31, 2021 | |
Other Real Estate Owned [Abstract] | |
Schedule of other real estate owned activity |
(Dollars in Thousands)
2021
2020
2019
Beginning Balance
$
808
$
953
$
2,229
Additions
1,717
2,297
1,298
Valuation
(31)
(792)
(300)
Sales
(2,809)
(1,650)
(2,274)
Other
332
-
-
Ending Balance
$
17
$
808
$
953
|
Schedule of net expenses |
Net expenses applicable to other real estate owned for the three years ended December
(Dollars in Thousands)
2021
2020
2019
Gains from the Sale of Properties
$
(1,711)
$
(1,218)
$
(244)
Losses from the Sale of Properties
18
33
159
Rental Income from Properties
-
-
(4)
Property Carrying Costs
174
497
335
Valuation
31
792
300
Total
$
(1,488)
$
104
$
546
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- Definition Refers to table text block for net expenses. No definition available.
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- References No definition available.
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- Definition Tabular disclosure of the change in other real estate on properties owned. Excludes real estate assets taken in settlement of troubled loans through surrender or foreclosure by banks. No definition available.
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