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Note 9: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables) | 3 Months Ended
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Mar. 31, 2015
Tables/Schedules |
Schedule of Major Classifications of Foreclosed Assets | Major classifications of other real estate owned were as follows:
| March 31, |  | December 31,
| 2015 |  | 2014
(In Thousands) |  |  |
Foreclosed assets held for sale |  |  |
One- to four-family construction | $120 |  | $223
Subdivision construction | 9,779 |  | 9,857
Land development | 16,862 |  | 17,168
Commercial construction | — |  | —
One- to four-family residential | 2,405 |  | 3,353
Other residential | 2,633 |  | 2,625
Commercial real estate | 3,664 |  | 1,632
Commercial business | 48 |  | 59
Consumer | 832 |  | 624
| 36,343 |  | 35,541
FDIC-supported foreclosed assets, net of discounts | 5,117 |  | 5,695
Acquired foreclosed assets no longer covered by FDIC loss sharing agreements, net of discounts | 879 |  | 879
Acquired foreclosed assets not covered by FDIC loss sharing agreements, net of discounts (Valley Bank) | 868 |  | 778
Foreclosed assets held for sale, net | 43,207 |  | 42,893
Other real estate owned not acquired through |  |  |
foreclosure | 2,958 |  | 2,945
Other real estate owned | $46,165 |  | $45,838

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- Definition Tabular disclosure of other real estate owned classified as foreclosed assets held for sale. + References No definition available. + Details
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