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

Expenses applicable to other real estate owned and repossessions included the following:

 

 

Three Months Ended

 

September 30,

 

2019

 

2018

 

(In Thousands)

 

 

 

 

Net gains on sales of other real estate owned and repossessions

$     (250)

 

$     (549)

Valuation write-downs

       280 

 

       178 

Operating expenses, net of rental income

       573 

 

       869 

 

 

 

 

 

$     603 

 

$     498 

 

 

Nine Months Ended

 

September 30,

 

2019

 

2018

 

(In Thousands)

 

 

 

 

Net gains on sales of other real estate owned and repossessions

$ (659)

 

$ (1,998)

Valuation write-downs

                   724 

 

              3,551 

Operating expenses, net of rental income

                1,577 

 

              2,823 

 

 

 

 

 

$ 1,642 

 

$ 4,376