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v3.22.2.2

FORECLOSED ASSETS (Tables) | 9 Months Ended
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Sep. 30, 2022
FORECLOSED ASSETS |
Schedule of foreclosed assets activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, | ​ | Nine Months Ended September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
​ | ​ | (dollars in thousands)
Beginning balance | ​ | $ | 2,891 | ​ | $ | 7,757 | ​ | $ | 3,278 | ​ | $ | 4,168
Transfers from loans | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 27 | ​ | ​ | 4,856
Proceeds from sales | ​ | ​ | (29) | ​ | ​ | (354) | ​ | ​ | (476) | ​ | ​ | (1,583)
Sales through loan origination | ​ | ​ | — | ​ | ​ | (74) | ​ | ​ | — | ​ | ​ | (252)
Net gain on sales | ​ | ​ | 20 | ​ | ​ | 108 | ​ | ​ | 118 | ​ | ​ | 321
Direct write-downs | ​ | ​ | (245) | ​ | ​ | (122) | ​ | ​ | (310) | ​ | ​ | (195)
Ending balance | ​ | $ | 2,637 | ​ | $ | 7,315 | ​ | $ | 2,637 | ​ | $ | 7,315
Schedule of gains (losses) on foreclosed assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, | ​ | Nine Months Ended September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
​ | ​ | (dollars in thousands)
Direct write-downs | ​ | $ | (245) | ​ | $ | (122) | ​ | $ | (310) | ​ | $ | (195)
Net gain on sales | ​ | ​ | 20 | ​ | ​ | 108 | ​ | ​ | 118 | ​ | ​ | 321
Gains (losses) on foreclosed assets | ​ | $ | (225) | ​ | $ | (14) | ​ | $ | (192) | ​ | $ | 126

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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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