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Other Real Estate Owned
12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
Other Real Estate Owned

6. OTHER REAL ESTATE OWNED

The following table summarizes the activity related to total OREO for the periods presented.

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

 

(Dollars in thousands)

 

Balance, beginning of period

 

$

3,392

 

 

$

4,889

 

Additions

 

 

443

 

 

 

 

Dispositions

 

 

(4,535

)

 

 

(797

)

Valuation adjustments

 

 

700

 

 

 

(700

)

Balance, end of period

 

$

 

 

$

3,392