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v3.22.2

FORECLOSED ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2022
FORECLOSED ASSETS |
Schedule of foreclosed assets activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
​ | ​ | (dollars in thousands)
Beginning balance | ​ | $ | 3,043 | ​ | $ | 4,748 | ​ | $ | 3,278 | ​ | $ | 4,168
Transfers from loans | ​ | ​ | 8 | ​ | ​ | 4,185 | ​ | ​ | 27 | ​ | ​ | 4,856
Proceeds from sales | ​ | ​ | (153) | ​ | ​ | (1,214) | ​ | ​ | (447) | ​ | ​ | (1,229)
Sales through loan origination | ​ | ​ | — | ​ | ​ | (178) | ​ | ​ | — | ​ | ​ | (178)
Net gain (loss) on sales | ​ | ​ | (7) | ​ | ​ | 216 | ​ | ​ | 98 | ​ | ​ | 213
Direct write-downs | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (65) | ​ | ​ | (73)
Ending balance | ​ | $ | 2,891 | ​ | $ | 7,757 | ​ | $ | 2,891 | ​ | $ | 7,757
Schedule of gains (losses) on foreclosed assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
​ | ​ | (dollars in thousands)
Direct write-downs | ​ | $ | — | ​ | $ | — | ​ | $ | (65) | ​ | $ | (73)
Net gain (loss) on sales | ​ | ​ | (7) | ​ | ​ | 216 | ​ | ​ | 98 | ​ | ​ | 213
Gains (losses) on foreclosed assets | ​ | $ | (7) | ​ | $ | 216 | ​ | $ | 33 | ​ | $ | 140

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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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