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Other Real Estate Owned (Tables) | 3 Months Ended
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Mar. 31, 2020
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract] |
Summary of Other Real Estate Owned | The following tables set forth activity in OREO for the three months ended March 31, 2020 and 2019:
|  | Three Months Ended March 31,
|  | 2020 |  | 2019
|  | (in thousands)
Balance, beginning of period |  | $ | 552 |  |  | $ | 6,019 |
Transfers in |  | — |  |  | 386 |
Valuation adjustments |  | — |  |  | (195 | )
Proceeds from sale of OREO property |  | (42 | ) |  | (121 | )
Loss on sale of OREO, net |  | — |  |  | (14 | )
Balance, end of period |  | $ | 510 |  |  | $ | 6,075 |

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