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v3.23.1

OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables) | 3 Months Ended
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Mar. 31, 2023
OTHER REAL ESTATE OWNED AND REPOSSESSIONS |
Schedule of major classifications of other real estate owned | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | December 31,
​ | ​ | 2023 | ​ | 2022
​ | ​ | (In Thousands)
Foreclosed assets held for sale and repossessions |  | ​ |  |  | ​ |
One- to four-family construction | ​ | $ | — | ​ | $ | —
Subdivision construction | ​ |  | — | ​ |  | —
Land development | ​ |  | — | ​ |  | —
Commercial construction | ​ |  | — | ​ |  | —
One- to four-family residential | ​ |  | — | ​ |  | —
Other residential | ​ |  | — | ​ |  | —
Commercial real estate | ​ |  | — | ​ |  | —
Commercial business | ​ |  | — | ​ |  | —
Consumer | ​ |  | 45 | ​ |  | 50
​ | ​ |  | ​ | ​ |  | ​
Foreclosed assets held for sale and repossessions | ​ |  | 45 | ​ |  | 50
​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned not acquired through foreclosure | ​ |  | 109 | ​ |  | 183
​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned and repossessions | ​ | $ | 154 | ​ | $ | 233
​
Schedule of expenses applicable to other real estate owned and repossessions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended
​ | ​ | March 31,
​ | ​ | 2023 |  | 2022
​ | ​ | (In Thousands)
Net loss (gains) on sales of other real estate owned and repossessions | ​ | $ | 3 | ​ | $ | (6)
Valuation write-downs | ​ |  | 74 | ​ |  | 15
Operating expenses, net of rental income | ​ |  | 77 | ​ |  | 154
​ | ​ | $ | 154 | ​ | $ | 163

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