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Other Real Estate Owned | 3 Months Ended
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Mar. 31, 2020
Other Real Estate Owned |
Other Real Estate Owned | Note 7—Other Real Estate Owned ​ The following is a summary of information pertaining to OREO: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​
(Dollars in thousands) | ​ | 2020 | ​ | 2019 | ​
​ | ​ | OREO | ​ | OREO | ​
Beginning balance | ​ | $ | 11,964 | ​ | $ | 11,410 | ​
Additions | ​ |  | 2,048 | ​ |  | 1,004 | ​
Writedowns | ​ |  | (111) | ​ |  | (98) | ​
Sold | ​ |  | (1,057) | ​ |  | (1,019) | ​
Ending Balance | ​ | $ | 12,844 | ​ | $ | 11,297 | ​
​ At March 31, 2020, there were a total of 72 properties included in OREO compared to 74 properties at March 31, 2019. At March 31, 2020, we had $2.3 million in residential real estate included in OREO and $7.4 million in residential real estate consumer mortgage loans in the process of foreclosure.

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- 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=118952595&loc=d3e4437-111522 + Details
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