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Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2022
Other Real Estate Owned  
Schedule of activity in the other real estate owned (OREO) portfolio, net of valuation reserve

Three Months Ended

    

March 31, 

    

Other real estate owned

    

2022

    

2021

    

Balance at beginning of period

$

2,356

$

2,474

Property additions, net of acquisition adjustments

87

-

Less:

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

69

305

Period valuation write-down

-

6

Balance at end of period

$

2,374

$

2,163

Schedule of activity in valuation allowance

    

Three Months Ended

    

March 31, 

    

    

2022

    

2021

    

Balance at beginning of period

$

1,179

$

1,643

Provision for unrealized losses

-

6

Balance at end of period

$

1,179

$

1,649

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

Three Months Ended

March 31, 

    

    

2022

    

2021

    

Gain on sales, net

$

(49)

$

(20)

Provision for unrealized losses

-

6

Operating expenses

37

54

Less:

Lease revenue

-

4

Net OREO (gain) expense

$

(12)

$

36