XML 26 R13.htm IDEA: XBRL DOCUMENT
v3.20.2

Other Real Estate Owned | 9 Months Ended
--- | ---
Sep. 30, 2020
Other Real Estate Owned |
Other Real Estate Owned | Note 5 – Other Real Estate Owned ​ Details related to the activity in the other real estate owned (“OREO”) portfolio, net of valuation allowance, for the periods presented are itemized in the following table: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ |  | September 30, |  | September 30, |
Other real estate owned |  | 2020 |  | 2019 |  | 2020 |  | 2019 | ​
Balance at beginning of period | ​ | $ | 5,082 | ​ | $ | 5,668 | ​ | $ | 5,004 | ​ | $ | 7,175 | ​
Property additions, net of acquisition adjustments | ​ | ​ | 314 | ​ | ​ | 305 | ​ | ​ | 898 | ​ | ​ | 305 | ​
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Proceeds from property disposals, net of participation purchase and of gains/losses | ​ | ​ | 2,664 | ​ | ​ | 1,088 | ​ | ​ | 2,952 | ​ | ​ | 2,390 | ​
Period valuation adjustments | ​ | ​ | 46 | ​ | ​ | 203 | ​ | ​ | 264 | ​ | ​ | 399 | ​
Other adjustments | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 9 | ​
Balance at end of period | ​ | $ | 2,686 | ​ | $ | 4,682 | ​ | $ | 2,686 | ​ | $ | 4,682 | ​
​ Activity in the valuation allowance was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended | ​ | Nine Months Ended |
​ |  | September 30, |  | September 30, |
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Balance at beginning of period | ​ | $ | 6,464 | ​ | $ | 8,061 | ​ | $ | 6,712 | ​ | $ | 8,027 | ​
Provision for unrealized losses | ​ | ​ | 46 | ​ | ​ | 203 | ​ | ​ | 264 | ​ | ​ | 399 | ​
Reductions taken on sales | ​ | ​ | (4,897) | ​ | ​ | (798) | ​ | ​ | (5,363) | ​ | ​ | (960) | ​
Balance at end of period | ​ | $ | 1,613 | ​ | $ | 7,466 | ​ | $ | 1,613 | ​ | $ | 7,466 | ​
​ Expenses related to OREO, net of lease revenue includes: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ | ​ | September 30, |  | September 30, | ​
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 | ​
Gain on sales, net | ​ | $ | (165) | ​ | $ | (104) | ​ | $ | (188) | ​ | $ | (254) | ​
Provision for unrealized losses | ​ | ​ | 46 | ​ | ​ | 203 | ​ | ​ | 264 | ​ | ​ | 399 | ​
Operating expenses | ​ | ​ | 253 | ​ | ​ | (73) | ​ | ​ | 460 | ​ | ​ | 184 | ​
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Lease revenue | ​ | ​ | 9 | ​ | ​ | - | ​ | ​ | 31 | ​ | ​ | 5 | ​
Net OREO expense | ​ | $ | 125 | ​ | $ | 26 | ​ | $ | 505 | ​ | $ | 324 | ​
​

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4437-111522 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration