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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
3 Months Ended
Mar. 31, 2020
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

 

 

 

March 31,

 

 

December 31,

 

 

2020

 

 

2019

 

 

(In Thousands)

 

 

 

Foreclosed assets held for sale and repossessions

 

 

 

 

 

  One- to four-family construction

$

-

 

$

-

  Subdivision construction

 

610

 

 

689

  Land development

 

1,358

 

 

1,816

  Commercial construction

 

-

 

 

-

  One- to four-family residential

 

291

 

 

601

  Other residential

 

-

 

 

-

  Commercial real estate

 

-

 

 

-

  Commercial business

 

-

 

 

-

  Consumer

 

513

 

 

545

 

 

2,772

 

 

3,651

  Foreclosed assets acquired through FDIC-assisted

 

 

 

 

 

   transactions, net of discounts

 

1,347

 

 

1,003

 

 

 

 

 

 

Foreclosed assets held for sale and repossessions, net

 

4,119

 

 

4,654

 

 

 

 

 

 

  Other real estate owned not acquired through foreclosure

 

860

 

 

871

 

 

 

 

 

 

Other real estate owned and repossessions

$

4,979

 

$

5,525