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Note 5: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables) | 12 Months Ended
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Dec. 31, 2018
Tables/Schedules |
Schedule of Major Classifications of Foreclosed Assets |
| 2018 |  | 2017
| (In Thousands)
Foreclosed assets held for sale and repossessions |  |  |
One- to four-family construction | $ — |  | $ —
Subdivision construction | 1,092 |  | 5,413
Land development | 3,191 |  | 7,229
Commercial construction | — |  | —
One- to four-family residential | 269 |  | 112
Other residential | — |  | 140
Commercial real estate | — |  | 1,694
Commercial business | — |  | —
Consumer | 928 |  | 1,987
| 5,480 |  | 16,575
Acquired foreclosed assets no longer covered by |  |  |
FDIC loss sharing agreements, net of discounts | 167 |  | 2,133
Acquired foreclosed assets not covered by FDIC |  |  |
loss sharing agreements, net of discounts (Valley Bank) | 1,234 |  | 1,666
Foreclosed assets held for sale and repossessions, net | 6,881 |  | 20,374
Other real estate owned not acquired through foreclosure | 1,559 |  | 1,628
Other real estate owned and repossessions | $ 8,440 |  | $ 22,002

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