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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
9 Months Ended
Sep. 30, 2016
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

Major classifications of other real estate owned were as follows:

 

 

September 30,

 

December 31,

 

2016

 

2015

 

(In Thousands)

 

 

 

 

Foreclosed assets held for sale

 

 

 

One- to four-family construction

$                     —

 

$                     —

Subdivision construction

                  6,685

 

                  7,016

Land development

               10,886

 

               12,133

Commercial construction

                        —

 

                        —

One- to four-family residential

                  1,465

 

                  1,375

Other residential

                  1,094

 

                  2,150

Commercial real estate

                  1,184

 

                  3,608

Commercial business

                        —

 

                        —

Consumer

                  2,067

 

                  1,109

 

               23,381

 

               27,391

FDIC-supported foreclosed assets, net of discounts

                     795

 

                  1,834

Acquired foreclosed assets no longer covered by FDIC loss sharing agreements, net of discounts

                 432

 

                     460

Acquired foreclosed assets not covered by FDIC loss sharing agreements, net of discounts

                  1,891

 

                     995

 

 

 

 

Foreclosed assets held for sale, net

               26,499

 

               30,680

 

 

 

 

Other real estate owned not acquired through foreclosure

                  4,750

 

                  1,213

 

 

 

 

Other real estate owned

$             31,249

 

$             31,893