Annual report [Section 13 and 15(d), not S-K Item 405]

OTHER REAL ESTATE OWNED

v3.25.4
OTHER REAL ESTATE OWNED
 12 Months Ended
Dec. 31, 2025
Other Real Estate Owned [Abstract]  
OTHER REAL ESTATE OWNED
Note 9
OTHER REAL ESTATE
 
OWNED
The following table presents other real estate owned activity at December 31,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in Thousands)
2025
2024
2023
Beginning Balance
$
367
$
1
$
431
Additions
4,424
979
1,512
Valuation
 
Write-Downs
(28)
-
(16)
Sales
(2,827)
(613)
(1,926)
Ending Balance
$
1,936
$
367
$
1
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net expenses applicable to other real estate owned for the three years ended December
 
31, were as follows:
(Dollars in Thousands)
2025
2024
2023
Gains from the Sale of Properties
$
(4,514)
$
(980)
$
(2,072)
Losses from the Sale of Properties
-
1
3
Rental Income from Properties
-
(5)
-
Property Carrying Costs
177
116
84
Valuation
 
Adjustments
28
-
16
Total
$
(4,309)
$
(868)
$
(1,969)