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Other Real Estate Owned (Tables) | 6 Months Ended
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Jun. 30, 2022
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 periods indicated:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
|  | (in thousands)
Balance, beginning of period |  | $ | 381 |  |  | $ | 521 |  |  | $ | 381 |  |  | $ | 553 |
Valuation adjustments |  | (149) |  |  | (140) |  |  | (149) |  |  | (140) |
Proceeds from sale of OREO property |  | (200) |  |  | — |  |  | (200) |  |  | (132) |
Gain on sale of OREO, net |  | 1 |  |  | — |  |  | 1 |  |  | 100 |
Balance, end of period |  | $ | 33 |  |  | $ | 381 |  |  | $ | 33 |  |  | $ | 381 |

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