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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables) | 9 Months Ended
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Sep. 30, 2020
Tables/Schedules |
Schedule of Major Classifications of Foreclosed Assets |
|  | September 30, |  |  | December 31,
|  | 2020 |  |  | 2019
|  | (In Thousands)
Foreclosed assets held for sale and repossessions |  |  |  |  |
One- to four-family construction | $ | - |  | $ | -
Subdivision construction |  | 350 |  |  | 689
Land development |  | 1,075 |  |  | 1,816
Commercial construction |  | - |  |  | -
One- to four-family residential |  | - |  |  | 601
Other residential |  | - |  |  | -
Commercial real estate |  | - |  |  | -
Commercial business |  | - |  |  | -
Consumer |  | 196 |  |  | 545
|  | 1,621 |  |  | 3,651
Foreclosed assets acquired through FDIC-assisted |  |  |  |  |
transactions, net of discounts |  | 446 |  |  | 1,003
Foreclosed assets held for sale and repossessions, net |  | 2,067 |  |  | 4,654
Other real estate owned not acquired through foreclosure |  | 940 |  |  | 871
Other real estate owned and repossessions | $ | 3,007 |  | $ | 5,525

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