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FORECLOSED ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2020
FORECLOSED ASSETS |
Schedule of foreclosed assets activity |
|  | Three Months Ended March 31, |
|  | 2020 |  | 2019 |
|  | (dollars in thousands) |
Beginning balance |  | $ | 5,099 |  | $ | 9,559 |
Transfers from loans |  |  | 19 |  |  | 1,408 |
Proceeds from sales |  |  | (677) |  |  | (511) |
Sales through loan origination |  |  | — |  |  | (269) |
Net gain (loss) on sales |  |  | 75 |  |  | 89 |
Direct write-downs |  |  | (47) |  |  | (125) |
Ending balance |  | $ | 4,469 |  | $ | 10,151 |
Schedule of gains (losses) on foreclosed assets |
|  | Three Months Ended March 31, |
|  | 2020 |  | 2019 |
|  | (dollars in thousands) |
Direct write-downs |  | $ | (47) |  | $ | (125) |
Net gain (loss) on sales |  |  | 75 |  |  | 89 |
Guarantee reimbursements |  |  | 7 |  |  | 19 |
Gains (losses) on foreclosed assets |  | $ | 35 |  | $ | (17) |

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- Definition Tabular disclosure of the change in foreclosed assets taken in settlement of troubled loans through surrender or foreclosure. + References No definition available. + Details
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- Definition Tabular disclosure of gain loss on sale of foreclosed assets + References No definition available. + Details
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- References No definition available. + Details
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