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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
 3 Months Ended
Sep. 30, 2019
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

Major classifications of other real estate owned were as follows:

 

 

September 30,

 

December 31,

 

2019

 

2018

 

(In Thousands)

 

 

 

 

Foreclosed assets held for sale and repossessions

 

 

 

One- to four-family construction

   $                   —

 

   $                 —

Subdivision construction

                      755

 

                 1,092

Land development

                   2,594

 

                 3,191

Commercial construction

                        —

 

                      —

One- to four-family residential

   310

 

                    269

Other residential

                        —

 

                      —

Commercial real estate

                        —

 

                      —

Commercial business

                        —

 

                      —

Consumer

                      665

 

                    928

 

                   4,324

 

                 5,480

Foreclosed assets acquired through FDIC-assisted

 

 

 

transactions, net of discounts

                   1,108

 

                 1,401

 

 

 

 

Foreclosed assets held for sale and repossessions, net

                   5,432

 

                 6,881

 

 

 

 

Other real estate owned not acquired through foreclosure

                   2,012

 

                 1,559

 

 

 

 

Other real estate owned and repossessions

   $              7,444

 

   $            8,440