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FORECLOSED ASSETS
 12 Months Ended
Dec. 31, 2024
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
FORCLOSED ASSETS FORECLOSED ASSETS
Foreclosed assets activity was as follows:
Year Ended December 31,
(dollars in thousands)202420232022
Beginning balance$852 $3,030 $3,278 
Acquired— 271 — 
Transfers from loans889 1,143 541 
Proceeds from sales(1,396)(4,093)(475)
Net gain on sales112 764 118 
Direct write-downs(90)(263)(432)
Ending balance$367 $852 $3,030 
Gains (losses) on foreclosed assets included the following:
Year Ended December 31,
(dollars in thousands)202420232022
Direct write-downs$(90)$(263)$(432)
Net gain on sales112 764 118 
Gains (losses) on foreclosed assets$22 $501 $(314)
As of December 31, 2024 and 2023, the carrying value of foreclosed one-to-four family residential real estate properties held was $0.3 million and $0.1 million, respectively. As of December 31, 2024, there were 19 one-to-four family residential real estate loans in the process of foreclosure totaling $1.8 million. As of December 31, 2023, there were 16 one-to-four family residential real estate loans in the process of foreclosure totaling $1.2 million.