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Note 8: Other Real Estate Owned: Schedule of Expenses Applicable to Foreclosed Assets (Tables)
6 Months Ended
Jun. 30, 2018
Tables/Schedules  
Schedule of Expenses Applicable to Foreclosed Assets

Expenses applicable to other real estate owned included the following:

 

 

Three Months Ended

 

June 30,

 

2018

 

2017

 

(In Thousands)

 

 

 

 

Net gain on sales of other real estate and repossessions

$                  (977)

 

$             (225)     

Valuation write-downs

                   2,757 

 

                    — 

Operating expenses, net of rental income

                      957 

 

                   902 

 

 

 

 

 

$                 2,737 

 

$               677 

 

 

Six Months Ended

 

June 30,

 

2018

 

2017

 

(In Thousands)

 

 

 

 

Net gain on sales of other real estate and repossessions

$               (1,449)

 

$             (728)     

Valuation write-downs

                   3,373 

 

                    — 

Operating expenses, net of rental income

                   1,954 

 

                1,979 

 

 

 

 

 

$                 3,878 

 

$            1,251