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FORECLOSED ASSETS (Tables)
6 Months Ended
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