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

Expenses applicable to other real estate owned included the following:

 

 

Three Months Ended

 

September 30,

 

2018

 

2017

 

(In Thousands)

 

 

 

 

Net gain on sales of other real estate and repossessions

$                  (549)

 

$             (311)     

Valuation write-downs

                      178 

 

                   462 

Operating expenses, net of rental income

                      869 

 

                1,192 

 

 

 

 

 

$                    498 

 

$            1,343 

 

 

Nine Months Ended

 

September 30,

 

2018

 

2017

 

(In Thousands)

 

 

 

 

Net gain on sales of other real estate and repossessions

$               (1,998)

 

$          (1,098)     

Valuation write-downs

                   3,551 

 

                   522 

Operating expenses, net of rental income

                   2,823 

 

                3,171 

 

 

 

 

 

$                 4,376 

 

$            2,595