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Note 8: Other Real Estate Owned: Schedule of Expenses Applicable to Foreclosed Assets (Tables)
9 Months Ended
Sep. 30, 2017
Tables/Schedules  
Schedule of Expenses Applicable to Foreclosed Assets

Expenses applicable to other real estate owned included the following:

 

 

Three Months Ended

 

September 30,

 

2017

 

2016

 

(In Thousands)

 

 

 

 

Net (gain) loss on sales of other real estate owned

   $            (110)

 

   $                 43     

Valuation write-downs

                   462 

 

                   338 

Operating expenses, net of rental income

                   991 

 

                   917 

 

 

 

 

 

   $          1,343 

 

   $          1,298 

 

 

Nine Months Ended

 

September 30,

 

2017

 

2016

 

(In Thousands)

 

 

 

 

Net gain on sales of other real estate owned

   $            (576)

 

   $            (168)

Valuation write-downs

                       -- 

 

                   430 

Operating expenses, net of rental income

                3,171 

 

                2,821 

 

 

 

 

 

   $          2,595 

 

   $          3,083