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FORECLOSED ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2025
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract] |
Schedule of Foreclosed Assets Activity | Foreclosed assets activity was as follows:
|  |  | Three Months Ended March 31,
(dollars in thousands) |  |  |  |  | 2025 |  | 2024 |  |
Beginning balance |  |  |  |  | $ | 367 |  |  | $ | 852 |  |  |
Transfers from loans |  |  |  |  | 239 |  |  | 203 |  |  |
Proceeds from sales |  |  |  |  | (159) |  |  | (865) |  |  |
Net gain on sales |  |  |  |  | 27 |  |  | 113 |  |  |
Direct write-downs |  |  |  |  | (14) |  |  | (26) |  |  |
Ending balance |  |  |  |  | $ | 460 |  |  | $ | 277 |  |  |
Schedule of Gains (Losses) on Foreclosed Assets | Gains (losses) on foreclosed assets included the following:
|  |  | Three Months Ended March 31,
(dollars in thousands) |  |  |  |  | 2025 |  | 2024 |  |
Direct write-downs |  |  |  |  | $ | (14) |  |  | $ | (26) |  |  |
Net gain on sales |  |  |  |  | 27 |  |  | 113 |  |  |
Gains on foreclosed assets |  |  |  |  | $ | 13 |  |  | $ | 87 |  |  |

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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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