XML 25 R13.htm IDEA: XBRL DOCUMENT v3.22.2.2
OTHER REAL ESTATE OWNED
9 Months Ended
Sep. 30, 2022
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
OTHER REAL ESTATE OWNED [Text Block]
NOTE 5
OTHER REAL ESTATE
 
OWNED
The following table presents the OREO inventory as of the indicated dates:
September 30,
December 31,
2022
2021
(In thousands)
OREO
 
OREO balances, carrying value:
Residential
(1)
$
30,036
$
29,533
Commercial
6,033
7,331
Construction
2,613
3,984
 
Total
$
38,682
$
40,848
(1)
Excludes $
24.3
 
million and $
22.2
 
million as of September 30, 2022 and December 31, 2021, respectively, of foreclosures
 
that meet the conditions of ASC Subtopic
310-40 "Reclassification of Residential Real Estate Collateralized
 
Consumer Mortgage Loans upon Foreclosure," and are
 
presented as a receivable as part of other
assets in the consolidated statements of financial condition.