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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables) | 3 Months Ended
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Mar. 31, 2016
Tables/Schedules |
Schedule of Major Classifications of Foreclosed Assets | Major classifications of other real estate owned were as follows:
| March 31, |  | December 31,
| 2016 |  | 2015
(In Thousands) |  |  |
Foreclosed assets held for sale |  |  |
One- to four-family construction | $— |  | $—
Subdivision construction | 6,821 |  | 7,016
Land development | 11,477 |  | 12,133
Commercial construction | — |  | —
One- to four-family residential | 1,406 |  | 1,375
Other residential | 1,962 |  | 2,150
Commercial real estate | 6,534 |  | 3,608
Commercial business | — |  | —
Consumer | 1,449 |  | 1,109
| 29,649 |  | 27,391
FDIC-supported foreclosed assets, net of discounts | 1,864 |  | 1,834
Acquired foreclosed assets no longer covered by FDIC loss |  |  |
sharing agreements, net of discounts | 417 |  | 460
Acquired foreclosed assets not covered by FDIC loss sharing |  |  |
agreements, net of discounts | 1,091 |  | 995
Foreclosed assets held for sale, net | 33,021 |  | 30,680
Other real estate owned not acquired through foreclosure | 6,507 |  | 1,213
Other real estate owned | $39,528 |  | $31,893

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