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Other Real Estate Owned
 6 Months Ended
Jun. 30, 2024
Other Real Estate Owned  
Other Real Estate Owned

Note 7 Other Real Estate Owned

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A summary of the activity in other real estate owned (“OREO”) during the six months ended June 30, 2024 and 2023 is as follows:

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For the six months ended June 30, 

​

2024

​

2023

Beginning balance

$

4,088

    

$

3,731

Impairments

 

—

​

 

(13)

Sales

 

(2,562)

​

 

(260)

Ending balance

$

1,526

​

$

3,458

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During the three and six months ended June 30, 2024, the Company sold OREO properties with net book balances of $2.5 million and $2.6 million, respectively. During the three months ended June 30, 2023, the Company had no OREO property sales. During the six months ended June 30, 2023, the Company sold OREO properties with net book balances of $0.3 million. Sales of OREO properties resulted in net OREO losses of $0.2 million, which were included within other non-interest expense in the consolidated statements of operations for the three and six months ended June 30, 2024. During the six months ended June 30, 2023, sales of OREO properties resulted in net OREO losses of $11 thousand.