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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2020
Other Real Estate Owned  
Schedule of activity in the other real estate owned (OREO) portfolio, net of valuation reserve

Twelve Months Ended

    

December 31, 

  

Other real estate owned

    

2020

    

2019

    

2018

Balance at beginning of period

$

5,004

$

7,175

$

8,371

Property additions, net of acquisition adjustments

898

872

3,316

Property improvements

-

-

59

Less:

Proceeds from property disposals, net of participation purchase and of gains/losses

3,071

2,515

3,990

Period valuation adjustments

357

519

581

Other adjustments

-

9

-

Balance at end of period

$

2,474

$

5,004

$

7,175

Schedule of activity in valuation allowance

Twelve Months Ended

  

    

December 31, 

  

    

2020

    

2019

    

2018

  

Balance at beginning of period

$

6,712

$

8,027

$

8,208

Provision for unrealized losses

357

519

581

Reductions taken on sales

(5,426)

(1,834)

(762)

Balance at end of period

$

1,643

$

6,712

$

8,027

Schedule of expenses related to foreclosed assets, net of lease revenue

Twelve Months Ended

    

December 31, 

    

2020

    

2019

    

2018

Gain on sales, net

$

(204)

$

(264)

$

(792)

Provision for unrealized losses

357

519

581

Operating expenses

535

173

649

Less:

Lease revenue

37

5

42

Net OREO expense

$

651

$

423

$

396