XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

Other Real Estate Owned | 9 Months Ended
--- | ---
Sep. 30, 2021
Other Real Estate [Abstract] |
Other Real Estate Owned | NOTE F - OTHER REAL ESTATE OWNED The following table explains changes in other real estate owned (“OREO”) during the nine months ended September 30, 2021 and 2020:
(Dollars in thousands) | OREO
Balance at December 31, 2020 | $ | 50,890 |
Additions | 16,454 |
Sales | (24,311) |
Write-downs/losses | (2,384) |
Balance at September 30, 2021 | $ | 40,649 |
Balance at December 31, 2019 | $ | 46,591 |
Additions | 18,428 |
Acquired in business combinations | 9,813 |
Sales | (18,645) |
Write-downs/losses | (3,398) |
Balance at September 30, 2020 | $ | 52,789 |
At September 30, 2021 and December 31, 2020, BancShares had $3.0 million and $5.8 million, respectively, of foreclosed residential real estate property in OREO. The recorded investment in consumer mortgage loans collateralized by residential real estate property in the process of foreclosure was $19.6 million and $29.4 million at September 30, 2021 and December 31, 2020, respectively. Net gains recorded on the sale of OREO properties were $5.2 million for the nine months ended September 30, 2021. Net gains recorded on the sale of OREO properties were $1.0 million for the nine months ended September 30, 2020

X
- References No definition available. + Details
Name: | us-gaap_OtherRealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4437-111522 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration