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OREO (Tables) | 12 Months Ended
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Dec. 31, 2019
OREO. |
Summary of activity related to OREO | The following table summarizes activity related to OREO (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended | ​ | Year Ended
​ |  | December 31, 2019 |  | December 31, 2018
OREO: |  | ​ | ​
Beginning balance |  | $ | 376 |  | $ | 1,283
Additions, transfers from loans | ​ |  | 4,872 | ​ |  | 4,025
Additions, fair value from acquisition | ​ | ​ | 149 | ​ | ​ | —
Sales of OREO | ​ |  | (2,277) | ​ |  | (4,914)
Capitalized improvements | ​ | ​ | 2 | ​ | ​ | —
Cash payments collected | ​ |  | (3) | ​ |  | —
Valuation allowance for OREO | ​ | ​ | (62) | ​ | ​ | (18)
Ending balance | ​ | $ | 3,057 | ​ | $ | 376

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- 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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