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v3.23.1

FORECLOSED ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2023
FORECLOSED ASSETS |
Schedule of foreclosed assets activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
​ |  | 2023 |  | 2022
​ | ​ | (dollars in thousands)
Beginning balance | ​ | $ | 3,030 | ​ | $ | 3,278
Acquired | ​ | ​ | 271 | ​ | ​ | —
Transfers from loans | ​ | ​ | 105 | ​ | ​ | 19
Proceeds from sales | ​ | ​ | (40) | ​ | ​ | (294)
Net gain on sales | ​ | ​ | 20 | ​ | ​ | 105
Direct write-downs | ​ | ​ | (30) | ​ | ​ | (65)
Ending balance | ​ | $ | 3,356 | ​ | $ | 3,043
​
Schedule of gains (losses) on foreclosed assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
​ |  | 2023 |  | 2022
​ | ​ | (dollars in thousands)
Direct write-downs | ​ | $ | (30) | ​ | $ | (65)
Net gain on sales | ​ | ​ | 20 | ​ | ​ | 105
Gains (losses) on foreclosed assets | ​ | $ | (10) | ​ | $ | 40
​

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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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