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v3.19.3.a.u2

Other Real Estate Owned (Tables) | 12 Months Ended
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Dec. 31, 2019
Real Estate [Abstract] |
Other real estate owned ("OREO") covered and not covered under a loss-share agreement, net of valuation allowances and direct write-downs | The following table provides details of the Company’s other real estate owned (“OREO”) purchased and non purchased, net of valuation allowances and direct write-downs, as of the dates presented:
| Purchased OREO |  | Non Purchased OREO |  | Total OREO
December 31, 2019 |  |  |  |  |
Residential real estate | $ | 890 |  |  | $ | 415 |  |  | $ | 1,305 |
Commercial real estate | 2,106 |  |  | 1,548 |  |  | 3,654 |
Residential land development | 530 |  |  | 369 |  |  | 899 |
Commercial land development | 1,722 |  |  | 430 |  |  | 2,152 |
Total | $ | 5,248 |  |  | $ | 2,762 |  |  | $ | 8,010 |
December 31, 2018 |  |  |  |  |
Residential real estate | $ | 423 |  |  | $ | 1,910 |  |  | $ | 2,333 |
Commercial real estate | 2,686 |  |  | 1,611 |  |  | 4,297 |
Residential land development | 678 |  |  | 421 |  |  | 1,099 |
Commercial land development | 2,400 |  |  | 911 |  |  | 3,311 |
Total | $ | 6,187 |  |  | $ | 4,853 |  |  | $ | 11,040 |
Changes in OREO covered and not covered under a loss-share agreement | Changes in the Company’s purchased and non purchased OREO were as follows for the periods presented:
| Purchased OREO |  | Non Purchased OREO |  | Total OREO
Balance at December 31, 2017 | $ | 11,524 |  |  | $ | 4,410 |  |  | $ | 15,934 |
Transfers of loans | 906 |  |  | 2,920 |  |  | 3,826 |
Impairments | (1,021 | ) |  | (524 | ) |  | (1,545 | )
Dispositions | (5,220 | ) |  | (1,907 | ) |  | (7,127 | )
Other | (2 | ) |  | (46 | ) |  | (48 | )
Balance at December 31, 2018 | $ | 6,187 |  |  | $ | 4,853 |  |  | $ | 11,040 |
Transfers of loans | 2,287 |  |  | 2,477 |  |  | 4,764 |
Impairments | (890 | ) |  | (375 | ) |  | (1,265 | )
Dispositions | (2,305 | ) |  | (4,193 | ) |  | (6,498 | )
Other | (31 | ) |  | — |  |  | (31 | )
Balance at December 31, 2019 | $ | 5,248 |  |  | $ | 2,762 |  |  | $ | 8,010 |
Components of "Other real estate owned" in the Consolidated Statements of Income | Components of the line item “Other real estate owned” in the Consolidated Statements of Income were as follows, as of the dates presented:
| December 31,
| 2019 |  | 2018 |  | 2017
Repairs and maintenance | $ | 326 |  |  | $ | 425 |  |  | $ | 728 |
Property taxes and insurance | 343 |  |  | 385 |  |  | 423 |
Impairments | 1,265 |  |  | 1,545 |  |  | 1,893 |
Net losses (gains) on OREO sales | 94 |  |  | (423 | ) |  | (405 | )
Rental income | (15 | ) |  | (40 | ) |  | (169 | )
Total | $ | 2,013 |  |  | $ | 1,892 |  |  | $ | 2,470 |

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- Definition Components of other real estate owned in the consolidated statements of income. + References No definition available. + Details
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- Definition Other Real Estate Owned. + References No definition available. + Details
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- Definition Tabular disclosure of the change in other real estate on properties owned. Excludes real estate assets taken in settlement of troubled loans through surrender or foreclosure by banks. + References No definition available. + Details
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- References No definition available. + Details
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