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OTHER REAL ESTATE OWNED
12 Months Ended
Dec. 31, 2019
Other Real Estate [Abstract]  
OTHER REAL ESTATE OWNED

Note 7

OTHER REAL ESTATE OWNED

The following table presents other real estate owned activity at December 31,

(Dollars in Thousands)201920182017
Beginning Balance$2,229$3,941$10,638
Additions1,2982,1402,384
Valuation Write-Downs(300)(1,046)(1,318)
Sales(2,274)(2,793)(7,496)
Other-(13)(267)
Ending Balance$953$2,229$3,941

Net expenses applicable to other real estate owned for the three years ended December 31, was as follows:
(Dollars in Thousands)201920182017
Gains from the Sale of Properties$(244)$(2,288)$(1,054)
Losses from the Sale of Properties159307518
Rental Income from Properties(4)(12)(76)
Property Carrying Costs335505429
Valuation Adjustments3001,0461,318
Total$546$(442)$1,135

At December 31, 2019, the Company had $0.6 million of loans secured by residential real estate in the process of foreclosure.