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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
3 Months Ended
Mar. 31, 2018
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

 

Major classifications of other real estate owned were as follows:

 

 

March 31,

 

December 31,

 

2018

 

2017

 

(In Thousands)

 

 

 

 

Foreclosed assets held for sale and repossessions

 

 

 

One- to four-family construction

   $                   —

 

   $                 —

Subdivision construction

                   4,836

 

                 5,413

Land development

                   7,684

 

                 7,229

Commercial construction

                        —

 

                      —

One- to four-family residential

                        91

 

                    112

Other residential

                   1,601

 

                    140

Commercial real estate

                   2,088

 

                 1,694

Commercial business

                        —

 

                      —

Consumer

                   1,722

 

                 1,987

 

                 18,022

 

               16,575

Foreclosed assets acquired through FDIC-assisted

 

 

 

transactions, net of discounts

                   3,332

 

                 3,799

 

 

 

 

Foreclosed assets held for sale and repossessions, net

                 21,354

 

               20,374

 

 

 

 

Other real estate owned not acquired through foreclosure

                   1,628

 

                 1,628

 

 

 

 

Other real estate owned and repossessions

   $            22,982

 

   $          22,002