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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables) | 9 Months Ended
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Sep. 30, 2017
Tables/Schedules |
Schedule of Major Classifications of Foreclosed Assets | Major classifications of other real estate owned were as follows:
| September 30, |  | December 31,
| 2017 |  | 2016
| (In Thousands)
Foreclosed assets held for sale |  |  |
One- to four-family construction | $ -- |  | $ --
Subdivision construction | 5,118 |  | 6,360
Land development | 10,052 |  | 10,886
Commercial construction | -- |  | --
One- to four-family residential | 203 |  | 1,217
Other residential | 161 |  | 954
Commercial real estate | 3,214 |  | 3,841
Commercial business | 2,876 |  | --
Consumer | 1,793 |  | 1,991
| 23,417 |  | 25,249
FDIC-supported foreclosed assets, net of discounts | -- |  | 1,426
Acquired foreclosed assets no longer covered by FDIC loss sharing |  |  |
agreements, net of discounts | 2,861 |  | 316
Acquired foreclosed assets not covered by FDIC loss sharing |  |  |
agreements, net of discounts | 1,774 |  | 1,952
Foreclosed assets held for sale, net | 28,052 |  | 28,943
Other real estate owned not acquired through foreclosure | 2,064 |  | 3,715
Other real estate owned | $ 30,116 |  | $ 32,658

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